Trimble Partners With Procter & Gamble To Improve Transportation Procurement

Trimble Inc (NASDAQ:TRMB) entered a new strategic relationship with Procter & Gamble Co (NYSE:PG) to enhance how shippers and carriers partner during the transportation procurement process.
The partnership will transform an agile transportation procurement collaboration platform from Trimble to complement its existing supply chain-focused solutions.
Procter & Gamble will inform the creation of a dynamic platform focusing on optimizing the procurement of transportation capacity, creating closer shipper and carrier relationships, and helping each find the right partners.
The platform will also expedite the contracting and onboarding process to improve the velocity of business transactions.
Price Action: TRMB shares are trading higher by 0.51% at $91.81 on the last check Wednesday.