Supply chain technology provider Trimble Inc. posted first-quarter transportation and logistics revenue of $195 million, a 33% year-over-year (y/y) increase.
CEO Rob Painter said Trimble’s transportation and logistics segment was boosted by strong bookings from the company’s Transporeon unit.
Transporeon is a Germany-based logistics company that uses a cloud-based TMS to connect carriers, logistics service providers and shippers. Trimble acquired the company in December 2022 for $1.98 billion.
“Tra...
https://www.freightwaves.com/news/trimble-records-q1-transportation-revenue-of-195m