Transense Technologies (TRT)

Sector:

Automobiles and related providers

Index:

FTSE AIM All-Share

167.14p
   
  • Change Today:
      4.64p
  • 52 Week High: 190.00
  • 52 Week Low: 115.00
  • Currency: UK Pounds
  • Shares Issued: 15.22m
  • Volume: 5,102
  • Market Cap: £25.44m
  • RiskGrade: 308

Transense division secures three-year contract with Logistics UK

By Josh White

Date: Monday 03 Mar 2025

LONDON (ShareCast) - (Sharecast News) - Transense Technologies, through its Translogik division, announced on Monday that it has secured a three-year contract with Logistics UK to digitise vehicle inspection processes.
The AIM-traded firm said Logistics UK, one of the UK's largest business groups representing transport operators, conducts more than 50,000 vehicle inspections annually, and had chosen Transense to enhance the efficiency of its services.

Under the agreement, Logistics UK would deploy Translogik's TLGX tyre inspection tools and TIRETASK software, customised to integrate with its compliance and certification platform, Vision.

The nationwide roll-out across a network of more than 65 vehicle inspection experts followed an extensive development and testing phase, during which Logistics UK engineers trialled the technology and provided feedback.

Transense said the solution would incorporate mobile tablet computers, a customised TIRETASK inspection app, and cloud-based data storage alongside Translogik's tyre inspection tools.

It was designed to streamline data capture, reduce administrative workload, and improve the accuracy and efficiency of vehicle inspections.

"Our contract with Logistics UK represents a significant achievement for Transense and demonstrates the value our solutions bring to the fleet and logistics sectors," said managing director Ryan Maughan.

"The partnership highlights the growing importance of digital transformation in the logistics and fleet management industries for vehicle compliance and inspection services.

"We're very proud to support Logistics UK in their mission to deliver industry-leading services to their members."

At 1313 GMT, shares in Transense Technologies were up 2.67% at 127p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TRT Market Data

Currency UK Pounds
Share Price 167.14p
Change Today 4.64p
% Change 2.86 %
52 Week High 190.00
52 Week Low 115.00
Volume 5,102
Shares Issued 15.22m
Market Cap £25.44m
RiskGrade 308

TRT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.12% below the market average78.12% below the market average78.12% below the market average78.12% below the market average78.12% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
50.69% above the market average50.69% above the market average50.69% above the market average50.69% above the market average50.69% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Income Not Available
Growth
93.24% above the market average93.24% above the market average93.24% above the market average93.24% above the market average93.24% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

TRT Dividends

No dividends found

Trades for 04-Jun-2025

Time Volume / Share Price
08:30 1,100 @ 168.00p
08:28 1,000 @ 166.50p
08:10 2,002 @ 165.00p
08:06 1,000 @ 164.90p

TRT Key Personnel

CFO Melvyn Segal

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