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Transite Introduces Industry’s Most Cost-Effective Suite of Less-Than-Truckload Rating Tools

July 12, 2010 By: NCTechNews Category: Transportation

transitel_jpeg_ogo-tagline (Raleigh, N.C.) Transite Technology, a leading provider of transportation management software and services, has introduced its Continental Suite of Less-Than-Truckload Rating Tools joining SMC3 and Middlewest Motor Freight Bureau as one of only three companies to offer commercial or off-the-shelf LTL rating products in the U.S. The product group is intended to offer shippers, 3PLs and carriers a low-cost, highly-developed alternative.

“In our research with shippers, brokers and carriers, they voiced a strong desire to have a cost-effective and proven option,” said Les Hamashima, chief operating officer for Transite. “While we respect the current dominant players, we feel we have an exciting opportunity to offer a set of sophisticated LTL products that are already developed and being used on a daily basis by our customers throughout the transportation management market. The Continental products offer significant advantages over the other organizations in terms of technology and functional capabilities, licensing flexibility, and cost.”

The product group is comprised of:

* Continental LTL Neutral Rate Base: a neutral LTL class rate base that is already being used by shippers and 3PLs providing a single base for all carrier pricing.
* Continental Carrier Rate Bases: highly sophisticated rate bases that are developed for carriers to align competitive class rates with the carrier’s business goals by providing the proper foundation for lane rates allowing optimization of rates in a manner that provides the highest revenue per lane.
* Continental TruRate: an LTL rate base engine for rating carrier and neutral rate bases. This product and its library of several hundred carrier bases are available as software or a web service.
* Continental Transit Information Services: A web 2.0 services product that delivers access to information including transit time standards, detailed terminal information, direct/interline points of service, and more.
* Continental Carrier GRI and Optimization Services: GRI optimization services that utilize our proprietary analysis and rating methodologies to enable customers to focus their process to the lanes that reap the most revenue.

About Transite

Since 2002, Transite’s solutions, technologies and services have enabled America’s best run 3PLs, brokers, shippers and carriers to streamline processes and increase profits. Transite allows these parties to automate and manage LTL, TL, small package, ocean, and air shipments. The company’s products range from complete solutions to technologies used by other TMS and ERP vendors to provide best-of-breed functionality. Transite’s solutions are hosted or purchased, flexible, quick to implement, and cost-effective. www.transite.com.

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