Affiliated Computer Services to Retain TMI CEO, President

usiness outsourcing and information technology provider Affiliated Computer Services Inc. said March 3 it would retain the chief executive officer and president of its newly acquired subsidiary Truckload Management Services Inc.

TMI, a provider of document management services for the trucking industry, said Steve Waymel is CEO and Mark Cleveland is president.

An ACS spokeswoman told Transport Topics that TMI would continue to operate under that name “for the time being.”

It said the acquisition fit into its strategy of expanding outsourcing services in the transportation industry, especially document management and document processing services for long-haul trucking fleets.

TMI provides document management that includes its TripPak Express and TripPak Online products for proof-of-delivery records, bills of lading, driver expense and payroll records, receipts, logs and original shipper’s documents.

ACS said that TMI had 2003 revenue of $25 million and that ACS took on about 260 employees in TMI’s Denver headquarters, an MMR division in Brentwood, Tenn., and a document- processing facility in Wilmington, Ohio.

MI also operated TMI-MultiMedia, an advertising agency for the transportation industry, ACS said.

ACS said it had about 40,000 employees in about 100 countries who provided business process and information technology outsourcing, and systems and integration services. The company reported 2003 net income of $307 million on revenue of $3.7 billion.

This story appeared in the March 8 print edition of Transport Topics. Subscribe today.