UPS Logistics Technologies to be acquired by Thoma Bravo

When the acquisition is complete, UPS Logistics Technologies will transition its name to Roadnet Technologies, Inc.
By Patrick Burnson, Executive Editor
November 19, 2010 - SCMR Editorial

UPS today announced an agreement to sell its UPS Logistics Technologies unit to Thoma Bravo, LLC, a leading private equity investment firm.

Financial details were not disclosed.

Susan Rosenberg, a spokesman for UPS, told SCMR that while the announcement will not have a significant impact on shippers, it does point to the fact that UPS is continuing to develop software for its core businesses.

UPS Logistics Technologies, headquartered in Baltimore, employs about 145 people to create high-tech transportation routing and fleet management systems.  More than 200,000 vehicles are managed through 3,300 installations worldwide representing a variety of industries.  Specific transportation management applications provide street-level route plans, real-time wireless dispatch and GPS and strategic territory planning.  Customers use the technology and tools for effective fuel management and driver productivity.

Len Kennedy, vice president and COO of the unit, will become the chief executive officer after the acquisition, which is expected to close by Dec. 31.  When the acquisition is complete, UPS Logistics Technologies will transition its name to Roadnet Technologies, Inc.  The Roadnet brand, which already identifies the company’s main products, is familiar to customers, value-added resellers and vendors.

“UPS Logistics Technologies has a talented workforce that has proven its ability to develop stand-alone technologies that help companies effectively manage their own fleets,” said Dave Barnes, UPS’s chief information officer.  “Our decision to sell is based on UPS’s desire to focus on the development of technology directly tied to our own global package and freight networks and contract logistics services.”

The company was founded in 1983 as Roadnet Systems Corporation and was acquired by UPS in May 1986.  The sale to Thoma Bravo will in no way affect the full suite of transportation and logistics solutions offered by UPS, including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage customer supply chains.



About the Author

image
Patrick Burnson
Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The “good news story” of the season appears to be generated by officials at The Port of Oakland, who report that it has taken additional steps in an ongoing effort to manage a surge of inbound container vessel calls.

The PMA, which represents employers at America’s 29 West Coast ports, has finally asked for federal mediation in its contract negotiations with the ILWU.

Seasonally-adjusted (SA) for-hire truck tonnage in November was up 3.5 percent compared to October, which was up 0.5 percent over September at 136.8 (2000=100), marking the highest SA on record.

UPS said that through this acquisition it will augment its healthcare expertise and network in Europe, specifically in the fast growing healthcare markets in Central and Eastern Europe.

Carloads were up 12.1 percent at 312,271, and intermodal at 280,337 containers and trailers saw a 4.5 percent annual gain.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA