Trimble

Trimble tops analysts’ Q3 expectations in revenue, earnings per share

Trimble Inc.’s third-quarter total revenue of more than $901 million and adjusted earnings per share of 66 cents beat analyst expectations.

Wall Street analysts had forecast EPS of 59 cents per share and revenue of $877.5 million for the quarter. During the third quarter of 2020, Trimble reported EPS of 34 cents and $792.8 million in revenue.

CEO Robert Painter said Wednesday during an earnings call that the company is “raising our annual earnings guidance despite a tightening supply chain...

https://www.freightwaves.com/news/trimble-transportation-segment-reports-161m-in-revenue

Leveraging driver choice to recruit, retain and produce — Taking the Hire Road

Peter Covach, industry solutions adviser at Trimble, joins this week’s episode of Taking the Hire Road to talk about driver choice and how it fits into the driver recruitment and retention process, among other topics he discusses with host Jeremy Reymer, founder and CEO of DriverReach.

A carrier’s profitability plays a major role in the range of choices it can extend to drivers, but so do other preferences. Covach said a lot of times conversations with drivers get stuck in the weeds on...

https://www.freightwaves.com/news/leveraging-driver-choice-to-recruit-retain-and-produce-taking-the-hire-road

Eye on the future with Trucking U — Taking the Hire Road

The school year has just begun, but the job search is officially underway for college seniors nationwide. 

For those with ambition — and wanting to land a great job upon graduation — Trucking U might just be the ticket. This week’s episode of Taking the Hire Road features Anna Faford, vice president of strategy for C&K Trucking, who details the many opportunities available to younger generations. She joins host Jeremy Reymer, founder and CEO of DriverReach.

Organized by the American Trucking...

https://www.freightwaves.com/news/eye-on-the-future-with-trucking-u-taking-the-hire-road

Drilling Deep: Why the grease at your pizzeria is impacting diesel

On this week’s Drilling Deep, host John Kingston sits down with Jay Delaney of Trimble to discuss the landscape for transportation management systems. What are customers demanding today and how ready is the industry to provide it?

Kingston will also talk about an unexpected snag in the march to more renewable diesel: The price of the stuff needed to make it is getting out of hand. Today it’s soybeans but tomorrow it could be grease. He’ll discuss why the market economics for renewable diesel are...

https://www.freightwaves.com/news/drilling-deep-why-the-grease-at-your-pizzeria-is-impacting-diesel

Trimble’s transportation segment reports 9% revenue increase

Trimble Navigation Ltd. on Wednesday reported second-quarter revenue of $945 million, a 29% increase compared to the same period last year.

The company posted quarterly earnings of 72 cents per share on net income of $138.9 million. Trimble topped analysts’ estimates for the second quarter, which predicted earnings of 60 cents per share and revenue of $866 million. 

“We achieved record levels of revenue in many of our businesses with exceptionally strong performance in machine control and civil...

https://www.freightwaves.com/news/trimbles-transportation-segment-reports-9-revenue-increase

Technology provider Trimble posts strong first-quarter results

The across-the-board gains exceeded expectations and reflect increasing end-market strength, Trimble CEO says.

Information technology provider Trimble Inc. (NASDAQ:TRMB), which has a large exposure in the transportation segment, reported late Wednesday strong first-quarter revenue, operating income and earnings per share.

The Sunnyvale, California-based company posted adjusted revenue of $886.7 million, up 12% year-over-year. Operating income increased to $140.9 million from $98.3 million. Net...

https://www.freightwaves.com/news/technology-provider-trimble-posts-strong-first-quarter-results

EFS: Big tech and big fleets — WHAT THE TRUCK?!?

On this special episode of WHAT THE TRUCK?!? for FreightWaves’ Enterprise Fleet Summit, Dooner and The Dude hear from special guests about expansions into the tech space that will help any fleet. 

First up is Alexander Stevenson, vice president of project management at Samsara. Stevenson breaks down why Samsara can be incredibly useful to operations managers when it comes to GPS monitoring and tracking. 

Next the guys welcome Trimble Vice President of Data Science Chris Orban to discuss the ideas...

https://www.freightwaves.com/news/efs-big-tech-and-big-fleets-what-the-truck

EFS demos: Innovative technology solutions

The Enterprise Fleet Summit had several technology demos.

Five FreightTech companies demonstrated their innovative technology solutions for fleets during FreightWaves’ Enterprise Fleet Summit. Check out the showcased integrative technology platforms, smart trailer technology, dispatcher workflows and DOT compliance system.

SkyBit

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SkyBitz’s smart trailer technology is designed to help fleets increase load capacity and find empty trailers faster, using SkyCamera and non-volumetric cargo sensors.

Set up notifications so that dock supervisors are notified...

https://s29755.pcdn.co/news/efs-demos-innovative-technology-solutions

EFS: How Trimble helped a large fleet navigate a last-mile problem

Khirika Jamison of Trimble MAPS and Roehl Transport Chief Information Officer John Paape discuss last-mile navigation during FreightWaves' Enterprise Fleet Summit.

This tech talk was part of FreightWaves’ Enterprise Fleet Summit on Wednesday.

TECH TALK TOPIC: Using precision location data to make last-mile operations safer and more efficient. 

DETAILS: Wisconsin-based Roehl Transport, a trucking company with more than 2,000 power units, worked with Trimble MAPS to allow precision last-mile operations. Trimble’s Khirika Jamison interviewed Roehl executive John Paape about the challenges the carrier’s drivers were facing and how the companies worked together...

https://www.freightwaves.com/news/efs-how-trimble-helped-a-large-fleet-navigate-a-last-mile-problem

The Daily Dash: Pension bailout possible for Yellow, ABF drivers; record Q4 for XPO

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the COVID-19 relief bill working through Congress may be the vehicle through which pension reform happens for multiemployer pension plans, including those of Yellow and ABF Freight. Plus, a strong freight market led to a record quarter for XPO, and Uber Freight posts revenue growth in Q4.

Legislative fix?

The COVID-19 relief bill could serve as a vehicle to bail out multiemployer pension funds,...

https://www.freightwaves.com/news/the-daily-dash:-pension-bailout-possible-for-yellow-abf-drivers;-record-q4-for-xpo

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