UBM Global Trade Acquires Selected Centradex Assets

NEWARK, N.J., May 6 /PRNewswire/ -- UBM Global Trade today announced the acquisition of selected Centradex assets to complement its PIERS global trade information services.

PIERS, the business intelligence standard for import and export waterborne and intermodal trade data will leverage the Centradex technologies to further develop robust product offerings for its clients.  Centradex's three main products, Prospects, Trade Stats and Dashboard will integrate the full PIERS data set as the first of its kind analytical product offerings in the marketplace.  

"Centradex is a logical fit to our PIERS business due to their technology expertise, industry knowledge and advanced data analytics," says John Day, Chief Executive Officer of UBM Global Trade.  "Centradex also represents the investment that UBM continues to make in the organization to propel the company to new levels of unprecedented growth."

PIERS has recently introduced a number of technology upgrades including PIERS TI 3.0, a new version of iPIERS, the company's flagship product and the PIERS Enterprise System.  According to Gavin Carter, Executive Vice President of PIERS and CIO of UBM Global Trade, "the acquisition of Centradex directly strengthens our Software as a Service (SaaS) strategy which we continue to develop and refine.  Clients are demanding greater capabilities to do more with their trade data and Centradex provides an immediate platform for our clients to begin extracting more value out of their current and future services."

PIERS is the most comprehensive source of information covering international and U.S. waterborne trade with countries around the world, in addition to intermodal transactional information through the PIERS database. The company gathers and verifies data from bills of lading and manifests filed manually through the U.S. Customs Automated Manifest System (AMS). Learn more about PIERS by visiting www.piers.com or call 1-800-952-3839, ext. 7175 for a demonstration.

About PIERS Global Intelligence Solutions

PIERS is the primary source of U.S. waterborne trade information and a leader in global trade solutions. Launched over 30 years ago by The Journal of Commerce as the Port Import Export Reporting Service, its first venture in electronic information, PIERS quickly became the standard reference on container trade for the maritime industry. A roster of over 6,000 private industry, trade association, and domestic and foreign government clients, representing more than 40 countries, relies on PIERS to translate trade data into meaningful intelligence that guides their global business strategies. For more information visit www.piers.com

About UBM Global Trade

UBM Global Trade has been the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide since 1827. The company's portfolio of online, print and interactive workflow business solutions includes The Journal of Commerce, The Journal of Commerce Conferences, PIERS Global Intelligence Solutions and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of United Business Media Limited, is headquartered in Newark, NJ, with offices throughout the United States. For more information, explore http://www.ubmglobaltrade.com or call 800-221-5488, +1-609-371-7700 outside the U.S. and Canada).

SOURCE PIERS Global Intelligence Solutions