Xpress Global Taps TCG for LTL Cost Information System

TCG, an SMC³ company and provider of activity-based costing and Profitability Management Tools™ for truckload and less-than-truckload motor carriers, has announced that Xpress Global Systems is implementing its LTL Cost Information System (LTL/CIS).

“TCG’s reputation for providing cost information that can be used to accurately analyze costs and confidently adjust our operation and pricing will help us be a more competitive and efficient provider,” said Eric Nyberg, director of pricing and customer service at Xpress Global Systems. “We need to capture cost information in a more timely manner and have the ability to see what is impacting our costs in real time. With TCG, we will be in a better position to make adjustments to cover anticipated and unanticipated costs, and improve our profitability.”

Xpress Global Systems, headquartered in Chattanooga, Tennessee, is a provider of transportation solutions and is a premier, one-stop floor coverings logistics provider. The company is currently in the process of updating TCG’s LTL/CIS with current cost data, and it plans to begin using the software to analyze terminals, accounts, loads and lanes from a yield or profitability standpoint.

LTL/CIS contains unit costs and statistics developed directly from a general ledger and operating data. Carriers using LTL/CIS for pricing may also have a separate model with budgeted or projected unit costs, and a separate record for each terminal containing specific unit costs.

 

 

 

About SMC³ and TCG

SMC³ is the one-stop knowledge hub for LTL technology, data and education. The API-powered SMC³ Platform fuels TMS applications with unrivaled LTL analytical capabilities and shipment visibility data.  TCG, an SMC³ company, is the premier activity-based costing and profitability management software provider for the truckload and LTL carrier looking to achieve superior profitability. Transportation Costing Group is the provider of the most widely used suite of Profitability Management Tools and activity-based costing models to the motor carrier industry. TCG provides models tailored to specific carrier operations. For general product information please visit www.TCGCIS.com.

Category: General Update, News