Ep. 15: The power of benchmarking | Amanda Pearson of TCA

February 16, 2024
SemiRelated

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Welcome to Optym's premier podcast, where we discuss genuine insights and practical wisdom from industry veterans, who have dedicated their careers to the transportation sector. Tune in to Semi-Related to tap into the valuable expertise that has shaped the industry's evolution.

In this episode, ⁠Jacob Eischen⁠ interviews ⁠Amanda Pearson⁠, the profitability program facilitator for the ⁠TCA⁠. They discuss the benchmarking program and how it helps carriers improve their operations and profitability. Amanda explains the structure and meetings of the groups, highlighting the importance of trust and collaboration among members. She shares success stories and learnings from the program, including how carriers have identified and addressed issues in their operations. Amanda also discusses the key traits of high-performing carriers and offers tips for successful growth. The conversation covers topics such as innovation, market cycles, and hot button issues in the industry. Amanda provides insights into the main KPIs used in the program and how carriers can join and benefit from it.

Takeaways

• The profitability program offered by TCA helps carriers improve their operations and profitability through benchmarking and best practice sharing.

• Trust and collaboration are key in the program, as carriers openly share their successes, failures, and ideas with each other.

• The program has helped carriers address issues and make improvements in areas such as driver pay, maintenance, and growth strategies.

• High-performing carriers have a strong understanding of their values, culture, and goals, and align their departments and KPIs accordingly.

• The program fosters innovation in the industry, with carriers sharing cutting-edge technologies and ideas.

• Market cycles and regulatory changes are ongoing challenges in the industry, and the program helps carriers navigate and learn from these changes.

• Carriers interested in joining the program can reach out to TCA and go through a vetting process to ensure a good fit with existing groups.

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