TMW Systems, the largest provider of enterprise management software designed specifically for the transportation industry, announced that 2007 was a record year for revenue, product releases, new customers, and consecutive quarterly growth.
“2007 was a dynamic year for TMW filled with growth and customer success across all three operations – TMW Enterprise Transportation Software (ETS), TMW Asset Maintenance Software (AMS), and TMW Optimization Software,” said David Wangler, TMW Systems president and chief executive officer. During the year, TMW grew revenues from its core ETS business, which is comprised of the TMWSuite, TruckMate and TL2000 products by 21.3 percent over 2006.
Of particular note, TMW saw an increase in fourth quarter product revenues from IDSC–the optimization company it acquired in 2007–of 32.6 percent over the same period in 2006. “In today’s market, successful fleets are focusing on reducing costs and becoming more efficient,” said Wangler.
Recently, USA Truck began to utilize a broad-range of solutions from TMW Systems, including TMWSuite, and IDSC Netwise, IDSC MatchAdvice, and IDSC TripAlert products, Wangler says. USA Truck, Inc., a 2,600-truck dry van truckload carrier, critically evaluated several transportation software providers to determine if it should continue development of its proprietary system or replace it with a commercial system. Cliff Beckham, President and Chief Executive Officer of USA Truck, Inc. said, “Our proprietary system would require significant development to meet the needs of our diverse customer base. After researching various commercial systems we believe that TMWSuite will support the broad range of transportation services that we offer and provide the flexibility and visibility we need to better serve our customers.”
In addition to USA Truck, Inc., Wangler also announced that several additional prominent new customers had decided to join TMW’s enterprise transportation software and asset maintenance software families, including Tidewater Transit Co., Leonard Express., Fairrington Transportation Corp, Strive Logistics and Matheson Trucking, Inc. In addition, TMW saw growth in the fourth quarter in the newly-acquired IDSC product line, with customers such as Miller Truck Lines, Koch Companies, Keen Transport and Hirschbach coming on board. For the full year, TMW added a record 172 new customers.
Wangler announced that during the year TMW was also able to deliver on a number of new market initiatives that drove additional value for customers. These included:
The release of TruckMate 8.0 and the fulfillment of the promise to the customers of Maddocks Systems Inc., that TMW would continue to support and develop the TruckMate platform after the 2006 acquisition.
The integration of the popular TMW Imaging, DriverSeat and TMT Fleet Maintenance software packages for use with the TruckMate platform.
The launch of TMW’s OnRoute mobile dispatch solution in partnership with Qualcomm and Sprint. Utilizing Qualcomm’s Mobility Wireless Services and Sprint’s cellular network, OnRoute turns wireless, smart phones running Java into convenient driver communications devices.
Continued advancements in segment-specific capabilities in the core TruckMate and TMWSuite platforms for less-than-truckload (LTL) carriers, fuel haulers and intermodal providers.
The rollout of TMW’s D2Link software at UniGroup. D2Link, a cost-effective solution for connecting drivers to dispatchers, uses inexpensive cell phones with basic data processing capabilities to enable carriers to integrate dispatch-to-driver communications into their existing enterprise software.
The release of specific brokerage and 3PL enhancements in TMWSuite to allow more efficient external equipment planning, carrier selection, and advanced check call support.
