Carrier Technology Spending Portends Economic Good News
Sep 1, 2001 12:00 PM
RECENT growth in technology spending by motor carriers is an indication that the economy is improving, according to TMW Systems of Cleveland, Ohio.
The company is a developer and integrator of enterprise management software for the transportation industry, currently serving more than 500 trucking industry clients of all types and sizes. Trucking companies continue to view information systems as a key tool for achieving efficiencies and identifying competitive advantages.
“Our record second quarter success leads us to believe that carriers are optimistic about the future, and are choosing TMW for enterprise solutions that favorably impact carrier productivity and efficiency,” said Tom Weisz, TMW president.
Carriers are broadening their planning horizons and shortening their decision cycle, he said.
Recent news from the US Department of Commerce fortifies TMW's belief that the economy is strong and is leading trucking companies to confidently position themselves for renewed growth, Weisz said. Consumer spending for goods and services rose 0.5% in May for the second month in a row. The National Association of Purchasing Managers' June survey of conditions in the manufacturing sector found activity still declining but at the slowest rate in seven months; and construction spending rose 0.3% in May.
TMW will host a user group conference September 12-15 at the Sheraton City Centre in Cleveland, Ohio. The four-day event, open to customers, interested fleets, business partners, and the trade press, features over 100 different seminars covering all aspects of enterprise software solutions and TMW information systems, as well as technology displays and demonstrations by more than 35 vendors.
For more information call 216/831-6606, ext. 357, or visit www.tmwsystems.com.
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