Trimble to Acquire Kuebix in effort to create a transportation logistics ecosystem – The Trucker

SUNNYVALE, Calif. Trimble announced it has signed an agreement to acquire Kuebix, a transportation management system (TMS) provider and creator of North Americas largest connected shipping community. This acquisition will result in Trimbles private and commercial carrier customers, including more than 1.3 North American trucks, to connect with Kuebixs shipping company network of 21,000 carriers and companies. The result, according to Trimble officials, will be a new platform for planning, executing and matching freight demand-capacity. The transaction is expected to close in the first quarter of 2020. Financial terms were not disclosed. Kuebix will operate within Trimbles transportation sector of services.

Combining Kuebixs innovative platform and rapidly-growing community of shippers with Trimbles history of innovation, strength and scale will provide a transformative transportation supply chain solution that creates new opportunities for collaboration throughout the logistics ecosystem, said James Langley, senior vice president, Trimble Transportation. This combination will help carriers uncover inefficiencies in their network, make better decisions, optimize operations and transform the way the transportation industry works.

Today, shippers, carriers and intermediaries operate with what Trimble refers to as fragmented TMS software. Kuebixs capabilities will allow for Trimble to break down technology barriers, enable actionable visibility and improve collaboration. A single logistics platform for all participants in the supply chain, Software-as-a-Service (SaaS), is a multi-tenant, cloud platform allowing Trimble to optimize the entire logistics process from order management to financial settlement. Likewise, SaaS will improve efficiency and asset utilization for carriers and provide shippers access to expanded capacity and reduced costs.

For more than a decade, Kuebix has served shippers with supply chains of all sizes and complexities, transparently connecting them directly to their carriers for the pricing, service levels and visibility they need to run their businesses, said Dave Lemont, CEO of Kuebix. We are excited to join Trimble and expand the investment in our platform to serve new audiences and increase collaboration and savings for shippers and carriers alike.

The combination of Trimble and Kuebix will accelerate the realization of our vision; a world where shippers, carriers and intermediaries leverage the same powerful TMS platform to provide the market with unprecedented levels of visibility and efficiency, said Dan Clark, founder and president, Kuebix. A single-platform TMS across all transportation modes will make it easier for shippers and carriers to plan their strategy, design an optimized transportation network, improve execution, and more accurately

Continue reading here:

Trimble to Acquire Kuebix in effort to create a transportation logistics ecosystem - The Trucker