Banyan Technology and Optym have partnered to provide solutions for LTL (Less Than Load) carriers as part of Banyan’s Intelligent Pricing suite and Optym’s HaulPlan planning and optimization software.
The companies say the joint solution enables LTL carriers to identify lanes that need more volume (such as empty or partially empty lanes) and rapidly fill them at a one-time determined rate.
Optym and Banyan’s solution will allow LTL carriers’ operations to better integrate directly with shippers, the companies say. The operations department will be able to anticipate expected capacity on lanes and use that information to push to the revenue management department to analyze, optimize and immediately act on opportunities through Banyan’s Intelligent Pricing Suite, according to Banyan.
