SUNNYVALE, Calif. – Trimble has announced that it’s acquiring Kuebix, in a deal that it says will connect North America’s largest network of shippers and carriers through a single transportation management system platform.
Trimble technologies already connect a network of 1.3 million trucks used by private and for-hire fleets. Keubix, meanwhile, has established a community of more than 21,000 shipping companies.
The transaction is expected to close in the first quarter of this year, subject to customary closing conditions. Financial terms were not disclosed.
“This combination will help carriers uncover inefficiencies in their network, make better decisions, optimize operations and transform the way the transportation industry works,” said James Langley, senior vice-president, Trimble Transportation.
Through the acquisition, Trimble says it will be able to introduce “actionable visibility and improve collaboration” through a single logistics platform.
“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.”
More to follow.