TORONTO, Ont. — Purolator Freight has announced it will use Transportation Costing Groups LTL Cost Information System to improve decision-making and provide more accurate assessments of its operations, the company has announced.
Purolator Freight, a division of Purolator Courier, hopes the new profitability management tool will help it better manage its growth.
“The TCG system will be used in daily decision-making in our organization,” said Joe Guimond vice-president and general manager of Purolator Freight. “Knowing our costs is critical to our success. Especially in a start-up operation, activity-based costing models like those provided by TCG will be highly decisive in addressing the needs of customers, attracting new business, learning about our growing operation and enhancing our profitability.”
Guimond says he has used TCGs systems in two previous trucking operations.
“TCG has proven that it is dedicated to meeting our needs,” he said. “On a regular basis and in user group meetings, they have shown just how knowledgeable they are about our business and how strong a support network they have in place. TCG’s practical knowledge of trucking is as good as or better than that of anyone else in the industry, something that will also help get the system up and running very quickly.”
He added: “Having the ability to analyze linehaul, pick-up and delivery, overhead, administrative and other costs by shipment, customer, lane, region, sales representative or any other parameter for any time period is instrumental. This level of detail allows us to quickly and effectively streamline operations and forces us to better understand our business and our customers’ needs. We have tremendous confidence in the results we anticipate from LTL/CIS.”
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