Trimble Transportation and 3Gtms team up for transport
SUNNYVALE, Calif., Aug. 19, 2014-Trimble (NASDAQ: TRMB) announced today that it has entered into a strategic alliance with 3Gtms, Inc., a privately-held provider of transportation management systems (TMS). The alliance includes an equity investment in 3Gtms by Trimble and a commercial reseller agreement with Trimble Transportation, part of Trimble's Transportation and Logistics Division. 3Gtms offers 3G-TM planning and shipment management software that will be marketed by Trimble Transportation as part of its transportation solutions portfolio. Financial terms were not disclosed.
3G-TM can be integrated with TMW's enterprise transportation management software to provide the first single-source solution for running both asset-based and non-asset transportation service organizations. The combined solution addresses the rapidly emerging IT needs from the operational convergence among motor carriers, third-party logistics (3PLs) and brokers.
Headquartered in Shelton, Conn., and led by industry pioneer, Mitch Weseley, 3Gtms has developed a comprehensive transportation solution, 3G-TM, that is designed to enable shippers, 3PLs and brokers to save on shipping costs, improve margins, and onboard new customers faster, while providing cost saving services. On a single platform, the application simplifies end-to-end logistics processes, implementation, onboarding and training. The proprietary planning and execution algorithm enables real-time reaction to changes in customer orders and shipments and allows review for cost savings opportunities. Comprehensive rating capabilities provide extensive tools for carrier negotiations and flexibility in customer pricing.
"Mitch and the team at 3Gtms are visionaries in the non-asset TMS space. The more we looked at their software, the more convinced we became that it brings the most powerful combination of features and benefits for shipment planning and operations to build on existing TMW software capabilities for our customers," said David Wangler, president of Trimble Transportation. "Together, we're now able to present a single-source solution to the industry which can enable complex and diversifying transportation service providers to grow their businesses and better address customer needs."
Increasing supply chain technology sophistication and the merging of capabilities across traditional service provider segments in the transportation industry are addressed by the integrated solutions within Trimble's Transportation and Logistics Division and the advanced functionality found in 3G-TM. The technology silos developed over time to separately address shipper, 3PL and motor carrier needs can now be replaced with software solutions that expand cost control, asset management and shipment visibility with advanced load optimization and real-time order management for greatly improved productivity and transportation efficiencies.
"We have worked with TMW for quite some time and our market visions are in alignment," said Mitch Weseley, founder and CEO of 3Gtms, Inc. "We see that many logistics companies are broadening their service offerings, blurring the traditional lines between different logistics service provider functions. By working with TMW, we can unleash the power of our combined systems for those companies looking for a single solution to cover the breadth of their multi-faceted operations."
Headquartered in Shelton, Conn., 3Gtms develops software for shippers, 3PLs and brokers that simplifies complex transportation management. The company has created a scalable TMS suite that manages the full transportation lifecycle - rating, routing (including multi-stop and pool distribution optimization), tendering, tracking, tracing and settlement in a single system. 3Gtms developed its TMS execution system with embedded optimization to help users make better shipping decisions that harness opportunities and address daily challenges. This allows transportation organizations to build, adjust or re-plan for the best cost and routing outcome.
For more information, visit: www.3Gtms.com or call 203.513.9336.
About Trimble Transportation
Trimble Transportation is a leading transportation software provider to commercial and private fleets, brokerage and 3PL organizations. Founded in 1983, TMW has focused on providing enterprise software to the transportation industry, including asset-based and non-asset-based operations as well as heavy-duty vehicle service centers. With offices in Cleveland, Dallas, Indianapolis, Nashville, Oklahoma City, Raleigh, and Vancouver, the company serves over 2,300 customers, including many of the largest, most sophisticated and complex transportation service companies in North America. TMW customers collectively manage over $70 billion in annual freight spend, direct more than 500,000 power units and maintain more than 1.7 million assets. Trimble Transportation is part of Trimble (NASDAQ: TRMB) in the international Transportation and Logistics Division.
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location-including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office. Founded in 1978, Trimble is headquartered in Sunnyvale, Calif.
For more information, visit: www.trimble.com.
Lea Ann McNabb