MacroPoint, creator of patented freight tracking software, announced 10-4 Systems, a Boulder-based technology company that provides end-to-end shipment visibility across the entire supply chain for fortune 500 companies, is licensing MacroPoint’s technology.
“We are partnering with MacroPoint because of the vast number of freight carriers already connected to its network,” said Travis Rhyan, president & CEO of 10-4. “Our shipper customers now receive instant visibility to all of their carriers and can visualize the data inside of our dashboard and analytics platform.”
According to the company, 10-4 is able to provide automated alerts for shipments running early, on-time, in jeopardy or late. To ensure accurate data, this information is continuously recalculated to give customers real-time ETAs and the ability to share this information internally, the company added.
MacroPoint’s CEO Bennett Adelson said: “We have received a lot of licensing interest since our latest patent issued. Most companies respect intellectual property rights, and many partners and competitors have been reaching out to us with ideas of how to work together and leverage our invention in new and interesting ways. We welcome 10-4 as a licensee and partner in doing that. The visualization tools they have developed are state of the art and top notch. This deal ensures that end users are now properly licensed and able to continue incorporating our technology into their standard operating procedures for the long term.”