transportation

Trimble hits record revenue in 1st quarter of $994M

White tractor-trailers are lined up beneath a technology background.

Trimble Inc. reported Thursday record first-quarter revenue of $994 million, a 12% year-over-year increase.

Trimble (NASDAQ: TRMB) reported a 2% increase in transportation revenue year-over-year to nearly $159 million in the first quarter after a 3% year-over-year slump during the fourth quarter of 2021 due to supply chain disruptions. 

“We continue to progress in the conversion of our transportation enterprise software business to recurring revenue models and make good progress in developing a...

https://www.freightwaves.com/news/trimble-hits-record-revenue-in-1st-quarter-of-994m

White Paper: Logistics Tech in Chicago 2022

The World Business Chicago (WBC) report, Logistics Tech in Chicago 2022, is available for download. Chicago has a long history of being at the crossroads of transportation, distribution and logistics.

Today, central location, diverse talent pipeline, and legacy infrastructure—coupled with tech and innovation— are rapidly driving expansion and growth.

Download the report and read why Chicago continues to be the leading hub of movement— transporting people, goods, and new technologies across the...

https://www.freightwaves.com/news/white-paper-logistics-tech-in-chicago-2022

E-commerce is here to stay –– so are its environmental impacts

E-commerce volume is showing no sign of slowing down –– what does that mean for the environment?

Every good thing comes at a cost. For Americans, one such thing is online ordering –– but the cost is steeper than many may realize.

In 2021, e-commerce sales represented an estimated 14.2% of total U.S. retail sales. But experts project that by 2025, e-commerce’s share of the retail pie will grow to nearly 22% as customers continue to order through online channels.

With all of that growth, something has to give. And right now, it’s the environment; supply chains can account for up to 90% of a...

https://www.freightwaves.com/news/e-commerce-is-here-to-stay-so-are-its-environmental-impacts

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