Optimal Dynamics
Optimal Dynamics unveils new AI-powered solutions for enhanced truckload operations efficiency

Optimal Dynamics introduces new product features that enhance its artificial decision intelligence software

March 27, 2024
Enhancements deliver automation and efficiency gains across all facets of truckload operations from tender acceptance, bid analysis, and dispatching.

NASHVILLE—Optimal Dynamics, a provider of artificial decision intelligence for trucking companies, announced at the Truckload Carriers Association Annual Convention the availability of new solutions designed to propel fast and confident decision making across all facets of truckload operations. These new features not only redefine the possibilities within ADI but also signify a commitment to elevating the operational efficiency and financial success of Optimal Dynamics customers. Leveraging the company’s optimization engine, these new solutions empower trucking companies with optimal recommendations that reach further throughout the complex workflows inherent in modern logistics.

The new features from Optimal Dynamics include:

Optimized EDI tender acceptance recommendations

As dispatchers and planners face many decisions, increasing efficiency and automation at each stage is crucial. Execute by Optimal Dynamics has offered optimized recommendations on whether to assign loads to asset or brokerage to best balance truckload networks for many years. The company uses its decision intelligence to determine whether to accept or reject a tendered load and implements the decision via two-way integration. The solution provides recommendations that assess business rules and factors such as available capacity, existing commitments, driver coverage, and profitability so teams can make informed decisions regarding the acceptance of tenders.

Optimized bidding workflow

Finding the optimal rate to bid requires analyzing numerous pricing options. This process can often be tedious and time-consuming, leading to slower RFP responses at sub-optimal rates. The new Bid Rate Analysis tool streamlines the experience for bulk lane rate adjustments and analysis directly from uploaded bid files. Users can now run multiple bid analyses at different rates after applying bulk rate changes, making the bidding process more efficient, informed, and responsive.

Analysts will also gain a better understanding of how bid lanes impact their complete shipper network. The Network Impact Analysis provides a comprehensive list of incumbent customers that would be impacted in the future, assuming all Optimal Dynamics recommended lanes are won. With this level of impact analysis, users are able to confidently optimize operations for enhanced performance and profitability.

See also: Pre-Check: AI in fleet management today

Dispatch outcome explainability

Just as important as knowing what decisions to make is understanding why those are the best decisions to make. With embedded KPIs providing visibility into the most impactful metrics—including revenue per driver, empty mileage percentage, and current availability—fleet managers can gain a detailed view of future business performance based on Optimal Dynamics recommendations and act on those recommendations.

"Our commitment to building the most complete and powerful truckload optimization platform is the heartbeat of Optimal Dynamics—even after four decades of solving the intricate challenges of logistics,” said Daniel Powell, CEO and co-founder of Optimal Dynamics. “We are focused on tackling the unknown for our customers, and they trust in us to further drive automation, efficiency, and profitability throughout their trucking operations. We are driven by the real-world results we continue to deliver.”

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