Transportation Costing Group, providers of activity-based profitability and cost analysis for the transportation industry, announced at the recent Innovative Conference and Exhibition that Calhoun, Ga.-based All American Xpress has adopted its Truckload Cost Information System.
TCG says the company now is using TL/CIS in conjunction with the IES Access Plus enterprise management system from Innovative Computing Corp., a provider of enterprise level software and service solutions, to benefit from better cost analysis and profitability measurement capabilities.
Founded two years ago, AAX is a 48-state refrigerated truckload carrier that operates 120 tractors and 190 trailers. The company is owned by Jamal Lewis, star running back for the NFL’s Cleveland Browns, who serves as chief executive officer and is actively involved in its daily operation.
“As AAX has grown considerably over the past two years, we wanted a way to accurately measure, evaluate and manage each part of our business,” says Jeff Smith, general manager. “One year ago, we made the decision to adopt a tool that would allow us to more effectively analyze costs and revenues for each customer and lane. We chose TCG’s profitability management system and expect to realize a considerable improvement in profitability by knowing exactly which loads are profitable and which costs impact those margins.”
In use at AAX is I-PAT (Innovative Profitability Analysis Tools), an option developed by TCG and Innovative designed to quickly and accurately enable motor carriers using Innovative Enterprise Software (IES) to seamlessly transfer data to TL/CIS. TCG says its Truckload Cost Information System is a true activity-based costing solution with full reconciliation to a carrier’s general ledger. The IES AccessPlus system is an Internet-based version of the enterprise solution developed by Innovative.
During ICE 2007, TCG was named the first Preferred Partner in a newly created program by Innovative. The designation is used to honor companies and associations that have supported the supplier in its effort to satisfy the needs of motor carrier clients.
“TCG and Innovative worked closely to create I-PAT for carriers like AAX that are highly receptive to implementing Profitability Management Tools into their management processes,” says Jack Jones, vice president of San Antonio-based TCG. “The TL/CIS system provides profitability analyses based on actual activity, costs and results. For AAX, that is valuable information they can use to make effective decisions about how to proceed with specific business opportunities.”