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Pricing and Buying Smarter: The Changing Nature of the LTL Pricing Landscape

Dynamic price can help shippers improve working relationships with LTL carriers. by Lance Healy, VP of LTL innovations The last two years of less-than-truckload (LTL) pricing produced headlines for volatility, astronomical accessorial surcharges, expansion of service centers, business closures, and M&A activity. It is not surprising that what somehow got lost in these high-profile stories …

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Optym Expands Axele’s TMS Marketing and Sales Teams to Further Growth

Focus on Serving Core Customers, Expanding Footprint, and Building the Brand Dallas, TX—June 8, 2022 —Optym, the parent company of Axele, LLC, a Transportation Management System (TMS) company, adds experienced executives to the Axele sales and marketing teams to position the company for further growth and expansion. The teams will be responsible for serving core …

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Algebra: the maths working to solve the UK’s supply chain crisis

The calculations behind filling supermarket shelves are dizzyingly complex – but it all starts with the x and y you know from school Nando’s put it succinctly on its Twitter feed last month: “The UK supply chain is having a bit of a mare right now.” Getting things on to supermarket shelves, through your letterbox …

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Optym Introduces HaulSuite – a Portfolio of AI-Enabled Optimization Solutions for LTL Carriers

Connected Platform Improves LTL Efficiency and Profitability Dallas, TX, May 18, 2021 – Optym, a leading optimization software company in the transportation industry, introduces HaulSuite, a portfolio of premier optimization solutions for the industry’s leading less-than-truckload (LTL) carriers. The HaulSuite portfolio focuses on providing advanced AI-enabled automation and optimization transportation solutions that help save time, …

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Dynamic linehaul optimization critical for fleets during hurricane season

The economic need for keeping the trucking industry functioning seamlessly has helped build a robust system that is impervious to inclement conditions like snow or hurricane. Today, stakeholders in the trucking industry plan their operations well in advance of upcoming disruptive weather events, with technology playing a crucial role in providing algorithm-driven insights to strategize …

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Axele TMS Makes NASCAR Cup Series Debut Sunday at The Brickyard

After months away, NASCAR Cup Series racing has gotten back on track this summer, and this weekend marks the on-track debut of Axele TMS, the ground-breaking Transport Management Software from parent company Optym. Axele TMS, the first intelligent TMS system for full-truckload carriers, will make its NASCAR Cup Series debut on Sunday at the iconic …

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New planning tools help small carriers combat rate volatility

Freight markets have been volatile during COVID-19, making load and route planning decisions more complex. Besides rates fluctuating, shippers and receivers have been shortening business hours, shifting appointment times and operating docks with reduced staff. Using technology for route planning and to match assets with loads has become more critical, and technology is giving carriers …

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Optym launches Axele

Smaller Truckload Carriers Can Increase Profits through Better Load Planning and Better Driver and Customer Communications via Axele’s Intelligent Optimization Optym, a global optimization intelligence company, today announced the launch of Axele, a transportation management software for small and midsized carriers in the full truckload industry (FTL). Axele’s predictive analytics automates many of a trucking …

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Optimizing trucking routes improves efficiency, saves money

The COVID-19 pandemic has made navigating the trucking industry even more complex. One of those complexities is the significant drop in freight volumes that has compounded issues within the less-than-truckload (LTL) market. Though the market saw an initial surge in volumes due to panic-buying of essential supplies before the onset of lockdowns, volumes dropped after …

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