iInterchange Joins MRI Software to Boost Intermodal Solutions

MRI Software, a leading global provider of software solutions for real estate and intermodal applications, has announced its acquisition of iInterchange Systems. Based in Chennai, India, iInterchange specializes in logistics software for container shipping, offering solutions that enhance efficiency and performance for container leasing and trading enterprises. By integrating iInterchange's advanced functionalities, MRI Software aims to expand its intermodal business unit, known as MRI Intermodal, to better serve global markets with modernized user experiences and enhanced technology stacks. The acquisition aligns strategically with the rapid growth in international seaborne trade, which has seen a 267% increase from 2000 to 2023, as over 90% of global trade relies on maritime transit, demanding agile and innovative technology solutions to tackle challenges such as supply chain disruptions and economic uncertainties. Ian Rawlins, General Manager of Intermodal at MRI Software, emphasized how the collaboration would accelerate innovation and provide a competitive advantage to customers. Meanwhile, the acquisition is expected to broaden MRI's market reach and offer iInterchange's clientele access to MRI's extensive resources, promising continued partnership and support. This strategic move underscores MRI Software’s commitment to leading the intermodal transport industry with comprehensive and efficient software services.