Banyan Technology
Case Studies
How Revolution Trucking is using Banyan Technology to drive significant savings for shippers
Overview
How Revolution Trucking is using Banyan Technology to drive significant savings for shippersBanyan Technology |
Functional Applications - Fleet Management Systems (FMS) Functional Applications - Transportation Management Systems (TMS) | |
Logistics & Transportation | |
Fleet Management Supply Chain Visibility | |
System Integration | |
Operational Impact
Revolution Trucking provides a system for accessing direct carrier contracts so shippers know exactly the freight rates they are paying. The shipper only pays Revolution a transaction fee per truckload, LTL or parcel shipment. | |
Banyan Technology makes it easier for Revolution Trucking to consolidate all carriers and rates, and leverage spending for its shipper customer. | |
The Banyan solution reduced emails by 90% and saved the shipper at least 800 hours per year in administrative and accounting time. | |
Quantitative Benefit
Savings to the shipper average 20%, which pays for annual transactional fees paid to Revolution in three months. | |
With savings of 20% on freight costs, the shipper is able to use the reduction in expenses to turn its logistics operation from a cost into a profit center that is generating ongoing weekly savings. | |
Savings from this process are 10% to 15% off contracted rates at the start and as high as 50% on some lanes. | |