McLeod Software has announced its second consecutive year of more than 50 percent annual software sales growth. The company says it set a new annual sales record in 2005, with 60 percent growth over 2004. In 2004, software sales increased 51 percent over 2003.
McLeod Software says sales of its LoadMaster transportation management solutions were strong in most segments of the truckload industry, including refrigerated, tanker/bulk, van, flatbed and private carriers. “We finished with the best sales in our 20-year history,” says Rick Halbrooks, vice president of sales and marketing for Birmingham, Ala.-based McLeod Software.
Halbrooks credits several factors. “The economy has been good, and carriers are taking the opportunity to upgrade their software and hardware systems to a more sophisticated system,” he says. “They want to operate more efficiently and provide better service to their customers. Our LoadMaster product — now in its seventh version — has a proven track record with carriers throughout the country, and our sales benefited from the significant number of customer and vendor referrals we received again this year.”
According to Halbrooks, McLeod Software added 14 new trucking companies to its customer base in December, and he anticipates continued growth in software sales. “We are already on track to exceed sales projections for the first quarter of 2006,” Halbrooks says. “We anticipate the need for software solutions in the trucking industry to continue to grow through 2006. We also expect that the pending release of our enhanced Brokerage/Logistics product will help us solidify our lead in this segment of the market.”