Insider Blog

Posts Tagged “costing”

Cost Analysis—Dealing with the LTL Cube

It’s rare that a carrier hauling LTL shipments between freight terminals (linehaul) closes the trailer because it has reached maximum weight. With SMC³’s Cost Intelligence Systems, carriers will have the ability to determine true shipment level profitability that can be rolled up to any level to analyze existing or prospective freight and efficiently develop cost-based rates.

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How did Groendyke maximize profitability, customer service with SMC³’s costing model?

A truckload carrier recently ran into difficultly when it tried to establish the profitability of each client. By using SMC³’s activity-based freight costing model, the carrier was able to establish an operating ratio for each customer. Today, the carrier is using the shipment costing solution for transportation pricing and to quote new supply chain business.

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