Trimble Archives - Maritime Shipping News

Trimble’s transportation revenue up 30% year-over-year

13 February 2024

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Trimble Inc. reported fourth-quarter transportation revenue of $194.8, a 30% year-over-year (y/y)...

https://www.freightwaves.com/news/trimbles-transportation-revenue-up-30-year-over-year

Mexico’s booming exports expected to boost cross-border trade in 2024

27 December 2023

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As more global supply chains shift manufacturing to Mexico, cross-border operators said nearshoring...

https://www.freightwaves.com/news/mexicos-booming-exports-expected-to-boost-cross-border-trade-in-2024

FreightWise acquires TMS provider Kuebix from Trimble

9 November 2023

Nashville,Tennessee-based FreightWise has acquired transportation management system software provider Kuebix from Trimble Inc.

The acquisition was announced Thursday and comes just over a year after Trimble announced it was shutting down Kuebix as the company pivoted to another platform.

FreightWise CEO Chris Cochran said as soon as he heard the news that Trimble was sunsetting Kuebix, he was interested in buying the TMS provider, which once had one of the largest connected shipping communities...

https://www.freightwaves.com/news/freightwise-acquires-tms-provider-kuebix-from-trimble

Trimble’s transportation revenue jumps 35% in Q3

1 November 2023

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Despite a challenging freight market, Trimble Inc. said its transportation segment performed well...

https://www.freightwaves.com/news/trimbles-transportation-revenue-jumps-35-in-q3

Trimble’s Q2 transportation revenue grows 30% to $194M

4 August 2023

Trimble Inc. posted second-quarter earnings that beat analyst expectations as the technology company reported year-over-year (y/y) growth in its buildings/infrastructure and transportation units.

“In transportation, the market remains challenging with the soft freight market pressuring carriers to streamline their operations for cost savings to increase asset utilization and increase the productivity of their nondriver workforce,” Rob Painter, Trimble’s president and CEO, said during a call with...

https://www.freightwaves.com/news/trimbles-q2-transportation-revenue-grows-30-to-194m

What carriers are doing to weather the storm

3 August 2023

A collapse in volumes, an overabundance of carriers in the market and rising operational costs have tested transportation providers’ endurance. All the while, companies continue to combat deep-rooted issues that plague the industry, especially the ongoing driver shortage.

But it’s not all doom and gloom. If history and past trucking cycles tell us anything, the market will inevitably recover. Meanwhile, companies can use this time to reassess operations and make preparations that will better...

https://www.freightwaves.com/news/what-carriers-are-doing-to-weather-the-storm

Trimble’s Q1 transportation revenue falls 2% to $155M

3 May 2023

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Trimble Inc. on Wednesday reported that its first-quarter transportation revenue decreased just 2%...

Trimble’s transportation revenue falls 3% in Q4

8 February 2023

Trimble Inc. on Wednesday reported transportation revenue decreased 3% year over year (y/y) to $150 million during the fourth quarter.

For full-year 2022, transportation revenue totaled $604.2 million, a 5% y/y decrease from ’21.

Trimble is a Westminster, Colorado-based provider of technology solutions for trucking companies, freight brokerages and 3PLs. In addition to transportation, the company also also operates in industries such as buildings and infrastructure, geospatial hardware and...

https://www.freightwaves.com/news/trimbles-transportation-revenue-falls-3-in-q4