More than a decade ago, the company founded by a retired lieutenant colonel in the U.S. Air Force was one of the most recognizable names in logistics.
Now, logistics tracking is growing at an accelerating pace in the world’s biggest economy.
In the past two years, it has become one of logistics’ fastest-growing businesses, accounting for about 10% of all logistics shipments, according to the U,K.-based firm.
Thomas has already moved into the logistics space, expanding its presence into shipping to a number of countries, including China and South Korea.
Now it’s working to become a player in a new arena: the logistics economy.
Thomas, which operates as an entity of the U-M Systematic Logistics Group, is the world leader in logistics tracking and logistics growth curve software.
Its flagship product is Thomas-X, which is a software suite for managing logistics tracking.
The company says its software can help businesses track and manage their logistics business.
Thomas says Thomas-XX has grown to become the fastest-growth software platform for logistics in the company’s history, and has been instrumental in bringing logistics tracking to a global audience.
“The company’s growth rate has been at a high level for a number [of years] in its logistics tracking space, and it’s been the primary driver of its growth,” said Tim McGovern, a former senior vice president at the U.,K.-headquartered company.
Thomas’ biggest challenge is the rising costs of managing logistics.
For example, the software used by Thomas-XL is not cheap, McGovern said.
In its most recent quarter, Thomas-XT was the No. 3 software platform in the United States, according the software company Statista.
Thomas is using the software to manage the company on two fronts.
It is developing a new platform called Thomas-MX, which it says will enable its products to be more flexible in the future, and that the company will use to improve its logistics systems.
Thomas-X is one of several logistics tracking solutions on the market, which aim to help businesses manage their warehouses, warehouses, logistics warehouses and other warehouses with large numbers of containers.
For some, such as Thomas, that means a massive warehouse with thousands of containers on a single floor, or warehouses that are all interconnected.
Thomas is developing its software to help warehouse owners better manage their warehouse operations, which can be critical for large organizations such as logistics companies.
Thomas said Thomas-XM was designed to help companies better manage logistics.
It allows companies to track their warehouse and warehouse operations in a way that is more efficient, more cost-efficient, and more effective, McGuinness said.
Thomas-XP is now available to a handful of warehouses in the Middle East and South America.
Thomas has also become one to explore new ways to improve the quality of warehouse operations.
In May, the logistics company acquired a software platform called Hadoop, which was built by Amazon and is designed to enable warehouses to be efficient and reliable.
In December, Thomas acquired a platform called Cloudfusion that was built in part by Amazon.
Thomas says Cloudfutation is designed for large-scale data centers.
Thomas also plans to expand its operations in the transportation sector, McPherson said.
It said it is planning to expand into the trucking and logistics industry, as well as into the consumer logistics industry.
Thomas said its goal is to expand the logistics business to include shipping to India, Brazil, Australia and South Africa, and to focus on high-volume, high-value goods such as luxury goods, electronics, and agricultural products.
Thomas plans to work with the United Nations and other government agencies to establish a joint venture with the Indian government to help create a new logistics business model, McQueen said.
Thomas will also partner with a number companies, including UPS, Amazon, and other companies, McBride said.
“There’s a lot of momentum with the technology and the business model of Thomas-Xi,” McQueen, the former head of Thomas, said.
“We’re definitely seeing the end of the logistics boom.”