TMW Systems announced that 140 customers signed new software contracts with TMW in 2009. The company credits its healthy sales performance to the strategy of many successful transportation firms to retool and boost productivity ahead of 2010's anticipated freight recovery.
“Companies using TMW software are often diversifying their business models to be more flexible, resilient, and better prepared to profit during change,” said David W Wangler, president and chief executive officer of TMW. “Keeping businesses running lean and fit to help sustain them through difficult times and, more importantly, to prepare them for new opportunities when the economy turns around — these were prime motivations many new customers expressed when buying from TMW.”
Many existing customers of TMW Systems also took advantage of the broader range of well-integrated product offerings available from the company because of its acquisitions in recent years.
The pace of strong sales is continuing into 2010 as evidenced this past January by the US Xpress decision to license TMW software.
Based on steady customer growth and increasing signs of a freight recovery, TMW expressed a strong sense of optimism for the industry in 2010.
“We see trucking's best days ahead of us. In 2009, TMW invested nearly 250,000 hours across all of our business units in software development and we are still hiring,” said Wangler. “We have over a dozen open positions right now that we hope to fill in the first quarter of 2010.”