TMW retools freight analyst software

A revised version of TMW System’s Freight Analyst browser-based software package is being rolled out for use with most major commercial trucking programming platforms, either Windows or AS/400-IBM I, to help fleets better integrate activity-based costing, revenue data, the impact of timing in areas like service performance and driver hours of service (HOS).

Additional capabilities for TMW’s new cross-platform version of Freight Analyst include freight flow analysis to identify ongoing business improvement opportunities in daily operations and in a carrier’s sales activities, offering lane and bid pricing guidance in conjunction with TMW’s Market Rate Index to help increase overall profitability.


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“Freight Analyst is designed to offer real business insight to trucking in order to maximize business margins with existing resources,” said Michael August, TMW vp &d gm. “It can deliver consultant-quality freight analysis for you daily at a fraction of the salary of trucking industry expert. In fact, it’s a very cost-effective way to add industry-leading strategic decision support for carriers with as few as 100 trucks.”

He added that Freight Analyst is a dashboard-style snapshot of business intelligence that focuses on historical load and transaction analysis for management decisions, rather than daily KPI tracking. It incorporates a set of key features from the company’s well-known IDSC Netwise software system but does not include the extensive configuration options, scenario and what-if analysis capabilities of that application in order to keep Freight Analyst simple and easy to use.

“By identifying top and bottom lanes and shippers along with ‘low-hanging fruit’-- meaning quick hits for pricing or volume improvement -- any company using the software gains a leg up on the competition,” August stressed.

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© 2012 Penton Media Inc.

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