Paper Transport Leverages Freight Science’s Intelligent Decision Automation to Win New Business and Expand Go-to-Market Strategy
05 Agosto 2024 - 8:30AM
Paper Transport (PTI), a top 100 for-hire truckload carrier and top
20 intermodal marketing company (IMC) that provides dedicated,
intermodal, and brokerage solutions, today revealed the impact of
its partnership with Freight Science and its Intelligent Decision
Recommendation and Automation technology. By going to market with
Freight Science’s load planning optimization solutions, PTI has
expanded its competitive advantage and won new business within the
competitive dedicated shipping industry.
“Our partnership with Freight Science has enabled us to develop
new business models and associated services while enabling scalable
operations across our customer base,” said Jared Stedl, Chief
Commercial Officer for Paper Transport. “The Freight Science
platform and team enabled us to quickly develop an updated
dedicated service to secure more deals. Our customers are looking
for a high quality service with on-time pickup and delivery. We do
this better than our competition. Freight Science enables us to do
this while honoring our drivers’ home time requests, leading to low
driver turnover. Freight Science also enables us to drive more
backhauls, allowing us to do more with less.”
Traditional load planning is resource-intensive requiring higher
overhead cost and detracting from customers and drivers while often
yielding suboptimal decisions, unnecessary empty miles, late
deliveries, and less efficient asset utilization. Delays in
decision-making due to a lack of real-time insights also hinder
operational efficiency, making operational cost management a
constant struggle. The Freight Science platform, employed by PTI,
addresses these critical challenges, contributing to greater
operational efficiency, improving collaboration with shippers, all
while reducing operating costs through higher utilization and lower
overhead.
In addition, Freight Science’s platform provided PTI several
advantages during a shipping disruption -- the collapse of
Baltimore’s Key Bridge in March, a vivid example of the everyday
challenges that logistics and trucking industries face. The
collapse immediately changed travel time for over 70 destinations
from minutes to hours, and Freight Science enabled PTI to react
quickly by immediately identifying key information on all impacted
and non-impacted lanes, adjusting the load planning process and
resetting customer expectations.
With Freight Science, PTI teams can click one button to accept
or reject any load, build and approve load plans for all drivers
and assets, eliminating manual work while increasing profitability.
It makes the process effectively touchless, a value-add when time
is critical. The cloud-native platform can operate in conjunction
with existing transportation management systems (TMSs) enabling
account managers, customer service representatives (CSRs), and
planners to make decisions and enable automated decisions based on
‘clean data’, reducing operational processes from hours to just
minutes.
"Our platform co-exists and seamlessly integrates into existing
transportation management systems, minimizing time-to-value and
risk while requiring fewer technical and business resources
compared to other solutions," said Matt Foster, CEO of Freight
Science. "The real-time decision recommendation, automation and
optimization of tender acceptance and load planning has
significantly enhanced operational efficiency and profitability for
many carriers. Our partnership with PTI enabled Freight Science to
leverage our cutting-edge tools for data quality, real-time data
collection and cleaning, machine learning, and mathematical
optimization, to the dedicated fleet load planning problem, setting
a new industry benchmark in logistics operations."
Freight Science is committed to providing forward-looking
software solutions to help truckload carriers build scalable
operations by leveraging data, analytics and intelligent decision
automation and optimization. Read the complete PTI case study on
the Freight Science website. For additional information, please
visit www.freightscience.com.
About Freight ScienceFounded in 2020 and based
in Clayton, MO, Freight Science is a technology company that
enables trucking companies to optimize tender acceptance and load
planning while significantly scaling without adding CSRs, load
planners, dispatchers or driver managers through intelligent
decision automation. The Freight Science platform assists logistics
companies in seamlessly adapting to uncertainty by automating and
optimizing freight management decision making. For more
information, please visit www.freightscience.com.
About Paper Transport Headquartered in De Pere,
Wisconsin, Paper Transport provides dedicated, over-the-road,
Intermodal, and brokerage solutions throughout the United States.
The company's mission is to build a great place to work where
outstanding people deliver. Through its people-oriented culture and
growth, Paper Transport continues to achieve this mission as an
employer and carrier of choice. For more information, please visit
www.papertransport.com.
MEDIA CONTACT:Leah R H Robinson,
APRLeadCoverageleah@leadcoverage.com