FFE turns to Transportation Costing Group tools

Sept. 30, 2009
Transportation Costing Group (TCG) announced that FFE Transportation Services is using its Truckload Cost Information System (TL/CIS) and its CIS for irregular-route LTL.

Transportation Costing Group (TCG) announced that FFE Transportation Services is using its Truckload Cost Information System (TL/CIS) and its CIS for irregular-route LTL. The Dallas TX-based motor carrier has been using the systems to improve profitability in various segments of its operation for several months.

“These are intense times for the trucking industry,” said Adam Bush, manager, marketing technology at FFE. “As freight volumes and rates continue to decrease and pricing pressures rise, we are finding that TCG’s Truckload and LTL solutions are proving extremely valuable for maintaining asset productivity and identifying opportunities to improve profitability. With these solutions we’re handling loads more profitably.”

TCG’s tools are being used at FFE to identify profitable and unprofitable loads in different regions and over specific lanes. For example, the carrier was able to identify one region where a lack of outbound loads at sufficient rates created an unprofitable environment. By adjusting its load sourcing accordingly, FFE was able to increase revenue per mile for that business by more than three cents without losing freight volume.

Profitability analysis is also proving valuable in FFE’s growing intermodal operation. “The TCG solutions incorporate the costs associated with rail and drayage portions of each intermodal haul,” Bush said. “This is also an example of how TCG works with us to develop the cost analysis solutions that we need in a competitive environment.”

The TCG CIS systems in use for all aspects of FFE’s business uses information from the carrier’s enterprise management software purchased from Innovative Computing Corporation to provide accurate, specific cost information for pricing, as well as traffic, profitability, and operational productivity analyses. The TL/CIS and LTL/CIS systems reconcile with the company’s General Ledger, payroll, and driver settlements.

For more information, visit www.tcgcis.com.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...