TMW Systems Adds 18 New Customers
Beachwood, Ohio-based TMW Systems, which provides enterprise management software designed specifically for the trucking industry, reported a strong second quarter, according to David Wangler, president and chief executive officer.
Beachwood, Ohio-based TMW Systems, which provides enterprise management software designed specifically for the trucking industry, reported a strong second quarter, according to David Wangler, president and chief executive officer.
Second quarter revenues were up 18.5 percent compared to the same quarter last year, and total new software license bookings were up 35 percent over the same period last year.
"What is most significant about our new customers is that more of them are large-fleet customers," said Wangler.
He said the company's active customer list is now 570 carriers, private fleets and logistics companies.
TMW set a record for the first half of the year with 56 customer go-lives, representing almost the total number of go-lives for all of 2005.
In new product offerings, Q2 brought two development efforts to the forefront. First, TMW became a U.S. Customs and Border Protection ACE (Automated Commercial Environment)-certified software supplier. TMW's first e-Manifest Program customers have already been certified by the CBP agency. And earlier in the year, DriverSeat was launched. DriverSeat is a web portal built for drivers to access company information and stay connected to their family and friends while on the road. During Q2 multiple customers implemented the portal and are already seeing improvements in driver retention.
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