Trimble recently announced that it has signed a definitive agreement to acquire privately-held Kuebix, a transportation management system provider and creator of North America’s largest connected shipping community. This acquisition will enable Trimble to bring together its network of private fleet and commercial carrier customers with Kuebix’s community of more than 21,000 shipping companies, creating a new platform for planning, execution and freight demand-capacity matching. The transaction is expected to close in the first quarter of 2020, subject to customary closing conditions. Financial terms were not disclosed.
“Combining Kuebix’s innovative platform and rapidly-growing community of shippers with Trimble’s history of innovation, strength and scale will provide a transformative transportation supply chain solution that creates new opportunities for collaboration throughout the logistics ecosystem,” said James Langley, Senior Vice President of Trimble Transportation. “This combination will help carriers uncover inefficiencies in their network, make better decisions, optimize operations and transform the way the transportation industry works.”
“The combination of Trimble and Kuebix will accelerate the realization of our vision; a world where shippers, carriers and intermediaries leverage the same powerful TMS platform to provide the market with unprecedented levels of visibility and efficiency,” said Dan Clark, founder and president, Kuebix. “A single-platform TMS across all transportation modes will make it easier for shippers and carriers to plan their strategy, design an optimized transportation network, improve execution, and more accurately manage settlements. When all players in the market work together, everyone wins.”
Kuebix’s business will be part of Trimble’s Transportation Sector.
Keubix provides a transportation management system (TMS) that powers North America’s largest shipping community. Kuebix is transforming the transportation industry with a common TMS platform for shippers, carriers and intermediaries that enables new levels of visibility and efficiency for the entire market. By connecting all logistics stakeholders on a single platform, shippers gain unprecedented access to available capacity and competitive pricing, while brokers and carriers increase their business and gain superior asset utilization. Kuebix is a modular solution that scales to meet the needs of supply chains of every size and level of complexity. Built on the latest cloud technology, Kuebix’s connected platform simplifies ERP and other integrations, resulting in rapid onboarding and ROI. Kuebix is headquartered in Maynard, Mass.
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming industries such as agriculture, construction, geospatial and transportation and logistics.
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