WiseTech Global acquires US trucking IT provider Trinium
16 / 08 / 2018
Big-spending logistics solutions group WiseTech Global has made another acquisition, this time the purchase of Trinium Technologies, a provider of intermodal trucking management systems (TMS) in the US and Canada.
Headquartered in Los Angeles, Trinium offers TMS for the movement of seafreight containers between port terminals, inland rail terminals, container yards and warehouses.
It supplies more than 185 trucking customers including Horizon Freight System, NFI Industries, California Cartage Companies, ContainerPort Group, Schneider Logistics Transportation, and The Pasha Group.
Rapidly expanding WiseTech last week bought Taric, a customs management solutions provider headquartered in Madrid, Spain.
In June, WiseTech announced its third acquisition in less than two months by purchasing parcel TMS provider Pierbridge.
It the same month it swooped on Fenix Data Systems, a customs management solutions provider in Canada, and Turkey-based Ulukom, which offers a range of logistics, customs, freight forwarding and warehouse support software.
WiseTech Global chief executive Richard White said: “Trinium enables specialised road transport for the first and last mile container movement required on every international shipment, which is a highly specialised transport process distinct from general road freight.
"With its valuable experience in containerised road transport, extensive port connections, well-regarded leadership team, and highly scalable, asset-based enterprise solution, Trinium is an important further addition to our cargo chain ecosystem.
"Together we will leverage our global reach and powerful development capacity to scale up our broader TMS offering globally, building out the eco-system further, and providing ever more productive and integrated solutions to customers across the supply chain.”
Remaining under the leadership of its existing management team, Trinium will have access to the 7,000 logistics providers across the world who utilise WiseTech’s integrated supply chain execution solutions including its flagship, CargoWise One.
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