TransCore has added new carrier tools, including a driver pay management feature, to its Logistics Software 4.0 broker transportation management software. The carrier module enables freight brokers and third-party logistics providers (3PLs) to manage their own trucks or drivers, including those leased on to them. With the new carrier module, Logistics Software provides driver reports, payroll management and profitability analyses for drivers who are either employees or owner-operators, in brokered, company-owned and leased-on trucks.
TransCore’s Logistics Software is designed specifically for freight brokers and 3PLs who move full loads, less-than-truckload or partial loads, intermodal or international freight. The company says the software includes all the tools necessary to run a successful brokerage, including operations, dispatching, accounting and document management. Logistics 4.0 recently added a host of features, including a pay-rate calculator, dispatch control screen, e-mail notifications and business analytics capabilities.
“As the economy improves and truck capacity tightens, freight brokers will find it increasingly advantageous to own and operate trucks,” says Steve Blair, TransCore’s general manager for transportation management software. “The new carrier module extends Logistics Software’s operational efficiencies to brokers with assets.”
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Transcore has been amongst the leaders transportation software for more than a decade. Technologies developed in the 1990′s which have served hundreds of thousands over the years. However, I respectfully disagree with the comments of Mr. Blair regarding advantages of companies owning their own equipment.
Until the release of http://www.frightaccess.com R1.0 many fleet owners have not truly been able to obtain an accurate accounting of the cost of maintaining their own fleet. The economic environment in the United States has shifted to a new paradigm for the foreseeable future. Many recently passed and current pending legislature present sizable risks to equipment owners. Bills such as the recently passed healthcare overhaul, pending climate bills, emissions restrictions and the almost continual assault by the IRS on the Independent contractor/driver models make it difficult for equipment operators to remain profitable.
Those Equipment operators (whether 3PL’s or even Manufacturers & distributors in addition to carriers and owner operators) who ARE profitable face new challenges for risk tolerance. State and Federal income taxes, newly proposed depreciation schedules, and discussions of further government intervention curb the appetite for risk.
I question whether the comments are pertaining to promoting a product which may have marginal impact on daily operations or whether there is additional items for consideration before the market truly makes decisions one way or the other.
I welcome the opportunity to gather highly valued colleague opinion on this matter or others.
Regards;
Brad Hollister
Director of Business Development
Linked In: http://www.linkedin.com/myprofile?trk=hb_tab_pro
http://www.freightaccess.com
312-450-3020