The AMTC program provides invaluable statistics and data analytics such as analyzing revenue per mile, per load and per customer; operating ratio per load, per customer or per dispatch; and fuel surcharge revenue per load or per customer lane. In addition, the program is tied directly into each client's own profit and loss statement to relay to clients exactly what they need to break even and be profitable on each individual customer dispatch.
The program is not a benchmark program – the revenue and cost of each P&L are clients' actual numbers and include all direct, indirect, and overhead costs. In addition, the program can analyze individual loads, customers, shipping points, rates per bid, trucks for drivers, lanes, roundtrips, and company and owner-operated trucks.
It can be difficult for LTL carriers to determine actual costs because of drops, "picks", weights, line hauls and cross docking; in answer to this common issue, to help defray cost projection deficiencies, the AMTC program also has a "what-if" scenario available. This program has been developed for truckload carriers, less than truckload carriers and freight brokers.
The AMTC program will also allow customers to analyze base rate revenues per hundred weight, per shipment and per segment; fuel surcharge revenue per hundred weight, per shipment and per segment; and it computes cost and productivity separately for pickup routes, delivery routes, stops, cross docks and line haul. The data also includes pounds per man hour, load factors and other productivities.
In addition to this software program, Ahern and AMTC have developed a special program for freight brokers, offering a new and better way to improve a freight broker's bottom line net profits in their brokerage operation. A broker no longer needs to rely on utilizing just gross margins to determine how much money is needed from customers or how much money they can budget to pay the carrier on each shipment.
The Financial IQ software instantly calculates the bottom line net profit for every shipment a company handles; it takes only a few seconds to operate and can continue on the phone speaking to a customer or carrier. It also shows the broker the gross margins and provides the total revenues, expenses and profit dollars for each shipment. Finally, it also provides a detailed listing of the entire freight broker's actual cost.
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