Rockville, Md. – April 21, 2008-- Transportation Costing Group
® (TCG
®), specialists in activity-based profitability and cost analysis tools for the transportation industry, today announced that Huntington, Indiana-based Hiner Transport has adopted its Truckload Cost Information System
TM (TL/CIS
® to analyze customer profitability and lane selection by actual, real costs in a real-time manner.
“Our goal by incorporating TCG into our company is to have a more detailed, easily understandable flow of information to help us make the right choices for improved earnings,” stated Paul James, president of Hiner Transport. “Since TCG ties directly to the General Ledger we are able to analyze true costs and profits and not just estimated amounts. This capability gives us a simpler, more effective way to look at our operations.”
TCG’s TL/CIS system will use data pulled in part from Hiner’s enterprise transportation software system, TMWSuite
®, to determine the costs and profitability of each customer, market and lane. That information is then tied back the Hiner’s financials to determine the exact bottom line impact. The newly released interface to TMWSuite
® makes the data extraction relatively effortless to Hiner.
“By knowing exactly how much profit or loss was generated on each individual load, we can make effective plans for business improvement that can positively impact our bottom line,” as a complement and extension to our load optimization software explained James.
“We are pleased and proud to have Hiner Transport as one of our clients,” said Jack Jones, TCG vice president. “Hiner Transport has a great history and an outstanding tradition of service that extends to placing a high priority on their drivers and staff, but at the same time, they focus very closely on their bottom line. We are happy to be providing them with a simple and accurate tool to better manage their profitability.”
ABOUT TCGTransportation Costing Group is the provider of the most widely used suite of Activity-Based Costing models to the motor carrier industry. TCG provides models tailored to specific carrier operations. Information on the Activity-Based Costing Models and services offered by TCG can be obtained by contacting (800) 328-9700 or
info@tcgcis.com. For general product information please visit
www.tcgcis.com.
Media Contact:Susan Fall
LaunchIt Public Relations
858-490-1050
susan@launchitpr.com