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Trimble announced that it has entered into a strategic alliance with 3Gtms Inc., a privately-held provider of transportation management systems. The alliance includes an equity investment in 3Gtms by Trimble and a commercial reseller agreement with TMW Systems, part of Trimble’s Transportation and Logistics Division. 3Gtms offers 3G-TM planning and shipment management software that will be marketed by TMW Systems as part of its transportation solutions portfolio. Financial terms of the deal were not disclosed.
3G-TM can be integrated with TMW’s enterprise transportation management software to provide a single-source solution for running both asset-based and non-asset transportation service organizations. The combined solution addresses the emerging IT needs from the operational convergence among motor carriers, third-party logistics (3PLs) and brokers, said the company.
3Gtms has developed a transportation solution, 3G-TM, that is designed to enable shippers, 3PLs and brokers to save on shipping costs, improve margins and onboard new customers faster, while providing cost saving services. On a single platform, the application simplifies end-to-end logistics processes, implementation, onboarding and training. The proprietary planning and execution algorithm enables real-time reaction to changes in customer orders and shipments, and allows review for cost savings opportunities, said the company.
“We have worked with TMW for quite some time and our market visions are in alignment,” said Mitch Weseley, founder and chief executive officer of 3Gtms Inc. “We see that many logistics companies are broadening their service offerings, blurring the traditional lines between different logistics service provider functions. By working with TMW, we can unleash the power of our combined systems for those companies looking for a single solution to cover the breadth of their multi-faceted operations.”