WiseTech acquires Trinium for transport management
August 21, 2018
Australia-based logistics group WiseTech has acquired Trinium Technologies, a provider of intermodal trucking transportation management systems (TMS) in the USA and Canada.
Headquartered in Los Angeles, Trinium offers a complete enterprise TMS for the efficient movement of sea freight containers between port terminals, inland rail terminals, container yards and warehouses. Its leading product, Trinium-TMS, lets companies completely automate their processes from order receipt, through customer service, dispatch operations, billing and driver settlements. Trinium also provides container-tracking functionality through its integration with dozens of marine terminal and rail systems throughout the USA and Canada.
It has more than 185 trucking customers including Horizon Freight System, NFI Industries, California Cartage Companies, ContainerPort Group, Schneider Logistics Transportation and Pasha Group.
“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,” said WiseTech CEO Richard White. “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 ecosystem further, and providing ever more productive and integrated solutions to customers across the supply chain.”
Remaining under the leadership of long-time managing director Michael Thomas (pictured right), with chief technology officer Barry Assadi (pictured centre) and vice president of sales and marketing Dennis Lane (pictured left), Trinium will continue to deliver innovations directly to customers across the USA and Canada, and potentially to the 7000 logistics providers across the world who use WiseTech’s integrated supply chain execution service including its flagship CargoWise One.
“Trinium has been providing quality enterprise solutions for intermodal truckers for 17 years, assisting customers in driving real productivity improvements in their operations,” said Thomas. “Joining the WiseTech Global group will help us take our TMS into markets adjacent to trucking as well as across the globe. With WiseTech, we have an opportunity to innovate and automate at a faster pace and future-proof our applications. This is an important next step for us and our valuable customers.”
Across 130 countries, CargoWise One enables logistics service providers to execute highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, tracking, land transport, ecommerce and cross-border compliance, and to manage their operations on one database across multiple users, functions, countries, languages and currencies.
This transaction follows WiseTech’s other recent logistics acquisitions in Argentina, Australasia, Belgium, Brazil, Canada, France, Germany, Ireland, Italy, Netherlands, North America, Spain, Taiwan, Turkey and Uruguay.
WiseTech recently announced the acquisition of Taric, a customs management provider in Spain.
Headquartered in Madrid, Taric offers a range of customs management services, including regulatory and tariff services, consultancy, training, process control, and documentation management to carriers, customs brokers, logistics providers, multinationals and public institutions. Taric’s customers include Geodis, DB Schenker, DSV, XPO Logistics, Daimler-Benz, Grupo Correos, UPS and the European Commission.