Trimble acquires shipping visibility firm 10-4 Systems
September 25, 2017
Trimble has acquired privately held 10-4 Systems, a provider of multimodal shipment visibility products and related technologies for shippers and transportation providers. The Colorado company provides real-time shipment visibility, regardless of provider or mode, to shippers, third-party logistics providers and carriers of all sizes.
The acquisition expands California-based Trimble's portfolio of transportation management systems to include an established cloud-based service for small carriers as well as a shipper RFP platform. Financial terms were not disclosed.
Headquartered in Boulder, 10-4 Systems has a configurable information platform that provides visibility at the individual shipment level, driving collaboration between shippers and carriers for increased efficiency, improved compliance and reduced transportation costs. It includes SKU-level detail, dynamic ETAs and other capabilities needed to provide the detailed shipment visibility that is becoming a standard expectation of shippers and consignees.
"This acquisition will advance our mission to transform the way the world moves freight by providing innovative transactional, visibility, decision support and optimisation solutions that benefit participants at every level of the supply chain," said David Wangler, president of Trimble Transportation Enterprise. "With the addition of 10-4 Systems, Trimble will significantly enhance its ability to help the transportation industry optimise demand and capacity management and improve utilisation of long-haul trucking assets."
Demand for end-to-end visibility is being driven by the rise of online-only and omnichannel commerce, which is causing shippers to rethink traditional inventory positions and transportation networks.
"We are excited to bring the benefits of our advanced enterprise visibility platform to the thousands of supply chain partners that rely on Trimble's Transportation Enterprise," said Travis Rhyan, president and CEO of 10-4 Systems. "Trimble has a clear commitment to offering leading-edge technologies and collaborative solutions that enable customers to increase efficiency, profitability and long-term competitiveness."
Rhyan will continue to lead 10-4 Systems as executive vice president and general manager.