Company Research Report: 3T Logistics & Technology Group
Company Overview
- Name: 3T Logistics & Technology Group
- Mission of the Company: To improve service, reduce cost to shippers and carriers, and remove empty running through collaboration and the smart use of technology.
- Founded: 2000
- Founder: Steve Twydell
- Key People in the Company:
- Steve Twydell - Founder & CEO
- Jess Adams - Customs Manager
- Daniel Vega Villar - Head of Regional Ops & Cl
- Chad Martin - Head of IT Projects
- Steve Willcox - Account Director
- Headquarters: Leicester, England, United Kingdom
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: 3T is known for its award-winning SaaS transport management technology and its global digital transport platforms capable of optimizing logistics operations across diverse industries.
Products
EVENT Platform
- Description:
- EVENT is described as a world-class Digital Transport Platform offering an ecosystem of transport management applications, including end-to-end TMS, stand-alone applications, and access to a carrier store.
- Key Features:
- Automate: Automates 80% of transport processes using AI, allowing teams to focus on value delivery.
- Optimise: Utilizes AI and cloud technology to optimize complex logistics scenarios, focusing on high-value tasks.
- Inform: Provides real-time visibility with B2C-level insights, enhancing customer experience and management decision-making.
Recent Developments
New Acquisitions and Partnerships
- Aptean Acquisition:
- Aptean's acquisition of 3T in November 2023 enhances Aptean's TMS offering, further enabling shippers and carriers, particularly in food and beverage, consumer goods, industrial machinery, and other verticals.
Contracts
- Kraft Heinz Contract (2022):
- As of July 2022, 3T is responsible for managing Kraft Heinz's transport operations in the UK. The use of their EVENT platform provided improved efficiency, reduced the environmental impact, and aligned with Kraft Heinz's sustainability goals.
Recognitions
- Gartner Magic Quadrant Recognition (2022):
- For five consecutive years, 3T has been recognized in the Gartner Magic Quadrant for Transportation Management Systems, underscoring their culture of innovation and effective solutions delivery.
Other Developments
- British Bakels Partnership:
- 3T's partnership has allowed British Bakels to modernize their transport operations using the EVENT platform, reducing transport costs by up to 30% on some lanes.
- Kraft Heinz Success (2023):
- Implementation of 3T’s solution led to improved delivery performance, increased efficiency by reducing vehicles, and CO2 emissions, utilizing a flexible, multi-carrier model for Kraft Heinz in the UK.
Innovations
- Technological Enhancement:
- Continuously improving the EVENT platform with AI and machine learning to optimize logistics, along with the dynamic routing and collaboration capabilities introduced for various logistics challenges.
This report provides a detailed analysis of 3T Logistics & Technology Group's current standing, its cutting-edge products, and ongoing partnerships and advancements that contribute significantly to progress in global logistics technology solutions.