11th Sep 2024 15:26
(Alliance News) - Microlise Group PLC on Wednesday announced it has signed new contracts with Goldstar Heathrow Ltd, One Stop Stores Ltd and Romac Logistics Ltd, for a total value of more than GBP2 million.
Microlise is a Nottingham, England-based transport technology software firm.
It signed an expanded five-year contract with existing client Goldstar Heathrow, a haulage and warehousing provider operating across major UK airports. Microlise's solutions will be implemented across Goldstar's fleet of 170 vehicles, and Goldstar will introduce new Microlise products such as journey management, TruAnalysis, TruLicence, TruChecks, TruFleet and TruWorkshop to its existing fleet performance and real-time data solution.
Microlise signed another five-year contract with One Stop, a retail convenience business and subsidiary of Tesco PLC operating more than 1,000 stores in England and Wales. The partnership will advance the efficiency, sustainability and customer service of One Stop's logistics operations, Microlise said.
The company has also signed a five-year contract with Romac, a provider of third-party logistics services specialising in temperature-controlled transport and warehouse (cold chain) solutions. Microlise will provide its end-to-end transport management system, which will be integrated with Romac's warehouse management system. The solution will support Romac's network of 11 depots, while maintaining lean and efficient processes.
Chief Executive Officer Nadeem Raza said: "These new contracts with Goldstar, One Stop, and Romac are a clear reflection of our commitment to delivering cutting-edge solutions that meet the evolving needs of our customers. We are proud to deepen our partnerships with these industry leaders, providing them with the tools to enhance operational efficiency, drive sustainability and support their growth ambitions. Our ability to integrate and customise our technology across diverse fleets and complex operations underscores Microlise's position as a trusted partner in the transport and logistics sector."
Microlise will announce its interim results for the six months ended June 30 on September 24.
Shares in Microlise were down 1.9% at 125.13 pence each in London on Wednesday afternoon.
By Emily Parsons, Alliance News reporter
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