The strategic expansion plans of premier local transport and logistics solutions developer, TransLogix International, continue with the acquisition of Transit Computer Systems and its highly respected Odyssey optimised routing and scheduling tool.
Anselm Waterfield, Managing Director of TransLogix Software , said, “The development of Australian IP for local transport and logistics conditions is key to continuing productivity improvements in the industry.
“TransLogix and Transit have worked together in the past and I have been looking to bring together our complementary offerings for some time.
“The combined forces of TransLogix and Transit’s proven capabilities create a significant player in the Australian logistics marketplace and brings the benefits of much needed scale and competitive pricing,” he said.
Many offerings in the Australian marketplace are US-developed with a $300,000 entry point. The TransLogix approach takes into account that, while the local industry needs and expects full functionality, this cost is prohibitive for many operators and the future savings are not in proportion to that sort of investment.
The customer bases of the two companies are also complementary, with TransLogix typically supporting transport, logistics and freight operators while Transit has sold into organisations which use their specialist fleets to service their own businesses.
Many of Australia's leading companies, such as Woolworths Home Shop, George Weston Foods, Goodman Fielder, Nestle Dairy Products, PaperlinX and Toll Auto Logistics, use Transit’s powerful Odyssey for daily scheduling, fixed route reviews and strategic modelling.
Waterfield sees major opportunities opening for TransLogix as there are three times as many ‘own fleet’ operators in Australia and New Zealand as there are logistics operators.
Nicola Williams, Managing Director of Transit, described what the acquisition will mean for the customers and staff of the 35 year old family business: “It’s all positive. Our customers will benefit from the integrated product range and expanded R&D capability. They will also have access to greater face-to-face contact through the local TransLogix presence in Sydney, Melbourne, Brisbane and Auckland”.