Australian logistics software company, WiseTech Global, has acquired Trinium Technologies – a provider of intermodal trucking transportation management systems (TMS) in the US 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. Trinium’s leading product, Trinium-TMS, enables companies to 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 US and Canada.
“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 Global Founder and 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 eco-system further, and providing ever more productive and integrated solutions to customers across the supply chain,” he said.
Trinium’s long-time Managing Director, Michael Thomas, said: “Trinium has been providing quality enterprise solutions for intermodal truckers for 17 years, assisting customers in driving real productivity improvements in their operations. 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.”
Remaining under the leadership of Michael Thomas, with Chief Technology Officer, Barry Assadi, and VP Sales & Marketing, Dennis Lane, Trinium will continue to deliver innovative solutions directly to customers across the US and Canada, and potentially to the 7,000 logistics providers across the world who utilise WiseTech’s integrated supply chain execution solutions including its flagship, CargoWise One.
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, e-commerce, 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 solutions acquisitions in Argentina, Australasia, Belgium, Brazil, Canada, France, Germany, Ireland, Italy, the Netherlands, North America, Spain, Taiwan, Turkey and Uruguay, and is in line with WiseTech Global’s clearly stated strategy of accelerating long-term organic growth through targeted, valuable acquisitions.
(Image L-R: Dennis Lane, Barry Assadi and Michael Thomas.)