The transportation segment at Trimble, which includes its transportation management system offerings and its ELD product, had a tough first quarter.
In releasing the company’s earnings, Trimble said its transportation segment produced revenue of $170.6 million, down 10% from the first quarter of 2019. Organic revenue was down 10%, with minor changes coming from foreign exchange and M&A activities. Operating income was $16.9 million, down from $31.2 million in the first quarter of last year.
In...