Sustainability is a hot topic these days, ranging from environmental policies to business and economic practices. On Monday, Sept. 21, David Wangler discussed ways that carriers can achieve sustainability during an unusually challenging economy.
Wangler, chief executive officer of TMW Systems, delivered the keynote address at TMW Systems’ TransForum user conference and exhibition held at the Opryland Convention Center in Nashville, Tenn.
In business, sustainability is a simple concept: satisfy profits and increase shareholder value and opportunities for employees. In practice, Wangler said, it will require companies to: develop creative alternatives to conventional growth by emphasizing quality over quantity; be more cost-effective and nimble; and learn to do different things in different ways.
As an example of a carrier that has developed a sustainable business model in the harshest of environments, Wangler cited TMW customer Carlile Transportation Systems, one of Alaska’s largest trucking companies. The fleet recently has been successful in earning new, profitable business in the commercial salmon industry by operating team drivers and offering better systems than airlines for temperature control and visibility of freight.
During the conference, TMW Systems — the largest developer and integrator of transportation management software for the trucking industry — also announced several new products and services for its diversified software business.
The Data Warehouse is an enhancement to ResultsNow by TMW, a real-time performance monitoring and reporting tool. The Data Warehouse separates data intended for business reporting from daily transactional data into a structure designed specifically for fast and responsive query and analysis.
The TMW Data Warehouse is a no-charge addition to ResultsNow, available to existing and future TMW customers. ResultsNow is available for the enterprise transportation systems TMWSuite and TL2000, as well as the TMT Fleet Maintenance software.
“We’re addressing the market need for scalable, enterprise-level transportation-specific reporting capabilities by offering this platform according to internationally recognized data standards,” said TMW Chief Operating Officer David Mook. “Our data warehouse architecture follows accepted industry guidelines for reporting and analytical data platforms.”
With TMW Data Warehouse, transportation firms now can incorporate data from multiple sources, such as financial databases, fleet maintenance systems and even mobile communications applications, Mook said. “For mid-size and large firms, this technical approach opens new avenues for delivering timely business intelligence.”