October 23, 2017 10:25 AM ET

Internet Software and Services

Company Overview of Banyan Technology, Inc.

Company Overview

Banyan Technology, Inc. provides Web-based logistics solutions. Its solutions include Banyan Carrier Connect, a suite of freight management, and profit and loss management tools for manufacturers and distributors that connect them directly to their preferred carriers; Banyan Client Connect, which allows third-party logistics providers to enable client retention and attraction through client specific connections; and Banyan Digital Broker, a carrier sourcing tool for third-party logistics providers and high volume truckload shippers. It serves direct manufacturers and distributors, third-party logistics service providers, holding companies/venture capital firms, freight payment and audit comp...

151 Innovation Drive

Suite 310

Elyria, OH 44035

United States

Founded in 2000





Key Executives for Banyan Technology, Inc.

Chief Executive Officer and Director
Co-Founder, President and Chief Innovation Officer
Senior Vice President of Strategic Business Development
Compensation as of Fiscal Year 2017.

Banyan Technology, Inc. Key Developments

Banyan Technology, Inc. Presents at The Council of Supply Chain Management Professional's (CSCMP) Annual Supply Chain Conference, EDGE, Sep-25-2017 02:00 PM

Banyan Technology, Inc. Presents at The Council of Supply Chain Management Professional's (CSCMP) Annual Supply Chain Conference, EDGE, Sep-25-2017 02:00 PM. Venue: Georgia World Congress Center, Atlanta, Georgia, United States. Speakers: Lance Healy, Co-Founder, President and Chief Innovation Officer.

Banyan Technology Appoints John Powless as Senior Vice President of Strategic Business Development

Banyan Technology appointed John Powless as senior vice president of strategic business development. John will serve a key role for Banyan Technology as the company looks to his experience to help drive strategic partnerships. John comes to Banyan Technology after an extensive career at Pitney Bowes where he served in multiple roles and, most recently, was the Director of Business Development of the Global Ecommerce Logistics group. John's appointment comes on the heels of Banyan Technology announcing their expansion on the industry-first multi-modal TMS platform built on live carrier connectivity. This expansion, and the addition of John, demonstrates Banyan Technology's continuing commitment to provide word-class business solutions through live connectivity with freight carriers. At Banyan, John will join Lance Healy, Banyan's co-founder and Chief Innovation Officer, in the cultivation, development, and implementation of key channel partners supporting Banyan's multi-modal platform strategy.

Banyan Technology Mulls Acquisitions

Banyan Technology, Inc. is looking for acquisitions. The company which has completed a $7 million financing round, intends to use the proceeds to fuel key product development initiatives, grow partnership and acquisition strategies, and expand marketing and industry education tools.

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