TCG, an SMC³ company and providers of activity-based costing and profitability management tools for truckload and less-than-truckload motor carriers, announced that Xpress Global Systems, a Tennessee-based logistics provider, is implementing its LTL Cost Information System (LTL/CIS).
“We need to capture cost information in a more timely manner and have the ability to see what is impacting our costs in real time,” said Eric Nyberg, director of pricing and customer service at Xpress Global Systems. “With TCG, we will be in a better position to make adjustments to cover anticipated and unanticipated costs, and improve our profitability.”
LTL/CIS contains unit costs and statistics developed directly from a general ledger and operating data. Carriers using LTL/CIS for pricing may also have a separate model with budgeted or projected unit costs, and a separate record for each terminal containing specific unit costs. LTL/CIS is available as a stand-alone or Local Area Network system for Microsoft Windows operating systems.
