IntelliTrans Helps Shippers Profit from Freight Market Pendulum
Atlanta, GA — September 14, 2022 — IntelliTrans, the chief in world multi-modal options for optimizing provide chain operations in bulk & break-bulk industries, helps shippers higher handle the freight market pendulum swings with expansive tendering algorithms and synthetic intelligence embedded in its transportation administration system (TMS).
Shippers are experiencing the ebb and circulation of the present freight market. Many carriers that took benefit of shippers will really feel the pinch as a result of shippers will reward these carriers that honored contractual charges. However with IntelliTrans’ ever-expansive tendering algorithm, our clients profit from altering market situations with out resorting to the “revenge” talked about in a current FreightWaves article, “Shippers’ Revenge is Coming for Truckload Carriers.”
“IntelliTrans believes in a partnership mindset between shippers and carriers,” mentioned Ken Sherman, President, IntelliTrans. “Our optimization engine permits shippers to accomplice with carriers to present them a dedicated quantity, rewarding carriers that proceed to work with a shipper. We assist shippers handle relationships with carriers all through all of the up and down cycles.”
IntelliTrans TMS gives versatile tendering, fixed-rate gives (“Purchase It Now”), and spot bidding. Many TMS know-how makes use of sequential tendering, which implies carriers are given a selected time slot to simply accept or decline the tender. If they do not reply or miss their time slot for acceptance, the tender strikes to the following service in line. With IntelliTrans, carriers don’t miss out on the chance to cowl a load. As a substitute, the timeline expands so as to add the following service(s) within the course of, not exchange one service with one other. Shippers get masses lined in a decent market at a good higher value. On common, IntelliTrans shippers save $112 per load by this uniquely differentiated tendering course of.
The flexibleness of the IntelliTrans tendering algorithm permits straightforward reconfiguration as market situations change, permitting shippers to select from the least value service to service-based choice, devoted fleet utilization, to identify bidding to a set charge supply. These can be utilized in live performance with one another and simply adjusted with no software program improvement required. It permits shippers to conduct spot bidding in a extremely automated vogue the place spot bids from their carriers are evaluated based mostly on configurable, market-driven thresholds and could be robotically accepted if desired. These thresholds could be set to maneuver with present market pricing, so they do not need to be continually reset.
IntelliTrans not too long ago partnered with Emerge, permitting clients to leverage their know-how and service community. “This helps shippers reach all sorts of markets. With Emerge’s sturdy RFP platform, clients can reap the benefits of this know-how to conduct bids now or at any time that is smart,” provides Sherman. “They will then use our spot bid or fixed-rate supply tendering strategies to acquire load protection from certified carriers in Emerge’s community.”
About IntelliTrans
IntelliTrans, a Roper Applied sciences firm, offers unified and proactive options to handle advanced provide chain wants. Prospects are nimble and environment friendly with the worldwide provide chain transparency powered by the IntelliTrans cloud-based Management Tower (International Visibility Platform℠) and IntelliTrans TMS (transportation administration system), the one SaaS-based TMS that gives cargo execution and visibility throughout rail, truck, intermodal, barge, and ocean. IntelliTrans permits full, well timed, and correct information, permitting clients to automate enterprise processes, enhance customer support, and cut back operational prices. From real-time alerts to interactive information visualizations, IntelliTrans provides organizations the instruments to ask deeper questions and ship extra impactful outcomes. Web site: www.intellitrans.com.
