Mudflap acquires AI capacity platform Parade

Mudflap has completed its acquisition of Parade. The deal pairs Mudflap’s location-verified carrier network with Parade’s capacity management platform for brokers, which has facilitated more than $40 billion in total cumulative freight transactions. Mudflap boasts more than 515,000 drivers across over 100,000 verified carriers. The Palo Alto-based fintech company provides fuel discount solutions to carriers via a location-aware mobile app and fuel card.