Trucking Management System Logistics
Optimizing TMS automation in order to modernize the trucking logistics marketplace
What is Trucking Management System (TMS) Logistics?
The trucking logistics industry is vital for the nation delivering everything we use on a daily basis. There are over 500,000 trucking companies in the United States with more than 15.5 million trucks on the road. Over 90% of all carriers in the U.S. trucking market run five trucks or less.
Coupled with challenges due to the pandemic, price pressure and supply-chain disruptions, smaller carriers need to flip the scales back in their favor with modern software that will help them run more efficiently, more profitably while still helping them to keep goods moving.
That’s where trucking management system (TMS) logistics comes into the picture. TMS primarily has been known for matching cargo to drivers, power-units, and trailers. But a better TMS system would automate and simplify the creation, fulfillment, and settlement of transportation orders to streamline a carrier’s business.
Why care about updating TMS Logistics?
The trucking industry has historically suffered from a general lack of visibility into operations, leading to lost money from inefficiencies.
Whether a business has complex logistics requirements or basic transportation needs, its bottom line is affected greatly. This coupled with the fact that shipping costs continue to rise, driven in part by same-day delivery, and it is understandable there is an urgent need for a streamlined logistics management platform designed and supported by people who know the trucking industry. A streamlined platform gives fleets the data they need to make intelligent decisions — about everything from driver safety, productivity, cost, compliance, fuel and maintenance.
And 2020 has thrown the entire logistics operations into a new world. According to the CSCMP’s 2020 State of Logistics report, “beyond the resumption of a boom-and-bust cycle now exacerbated by COVID-19, big carriers are looking to technology investments that promise to raise efficiency. Smaller carriers, especially those in highly affected industries, must look to app-based solutions and brokers to provide access to better fit routes and backhauls.”
What makes Magnus an expert in TMS Logistics?
Magnus was founded by trucking and enterprise-software industry veterans. Over the years, they have built solutions that have addressed the pressing needs fleet management faces, which includes using outdated technology and relying on paper-based processes.
“In response to what we were seeing in the market, we created a product that can take on the entirety of a carrier’s business and align it to growth,” said Matt Cartwright, a co-founder and CEO of Magnus. “We have developed a mature and patented technology platform that supports a delivery network of over 6,000 trucks and 11,000 drivers for nearly $7 billion worth of cargo.”
The Magnus TMS is more than just a truck dispatching system. Our modern TMS solution provides visibility into the entire logistics journey – connecting the back office with drivers to maximize asset utilization, reduce empty miles, improve service levels, increase driver satisfaction and retention, and manage safety and risk.
Why is Magnus’ TMS Logistics solution special?
Personal experience in understanding the critical friction points within the existing market helped Magnus’ founders tailor-make its product to the needs expressed by its potential customer base. That resulted in a technology platform, which can run the entirety of a trucking fleet’s business operations while offering dispatchers and managers comprehensive visibility into logistics movement.
Magnus enables carriers to maximize their asset utilization, helping them make more revenue per truck and also move more freight by monetizing underutilized capacity. Digitalization and automation of repetitive processes within trucking operations help carriers minimize loss of revenue. By assimilating different business processes into a single system, Magnus helps fleets make more profit, while also yielding a higher margin per load.
For drivers, the Magnus’ mobile application helps manage payroll, scheduling, and workflow – enabling them to concentrate more on driving than waste time filling out documents or pouring through excel sheets.
For the dispatchers, eliminating paperwork and reducing load-related calls helps prioritize work hours, increasing their focus on driver management, retention, and exception handling. Truck movement can be monitored in real-time via an intuitive dashboard that provides users with actionable insights, helping maximize equipment utilization. Magnus also provides them with predictive intelligence, helping them to plan for disruptions – a highly useful feature during times of market volatility.
Finally, despite all the hype on technology in the transportation industry, it’s the truckers – the folks who actually move the freight – that are the last ones considered, yet are crucial to the success of the business. Magnus is built with them in mind.
What about your current LMS?
Are you looking for an LMS to help you to move freight efficiently, reliably, and cost-effectively? When evaluating your current LMS, make sure you are asking these questions:
- Does your current solution offer a complete carrier TMS platform that spans the full transportation order life-cycle: from matching power to loads to settling receivables and payables?
- Are you working with trucking companies veterans who understand the challenges unique to the industry?
- Is your level of service attracting repeat customers?
- Does your current LMS improve the efficiency of your operations and the lives of your employees, whether they’re front-office dispatchers, back-office finance folks, or drivers?
Want a free evaluation of your current LMS? Call us now to discuss: (877) 381-4632.