
A comprehensive managed transportation service combining TMS technology and logistics expertise to optimize freight spend and supply chain efficiency.
Vendor
FreightWise
Company Website
The FreightWise Managed Transportation Solution offers a multimodal logistics approach designed to optimize supply chains, reduce freight costs, and improve fulfillment speed. It integrates proprietary TMS technology with dedicated logistics expertise, acting as an extension of a company's operations team. The service covers various transportation modes including Less-than-Truckload (LTL), Truckload, and Parcel, allowing clients to use their own carriers or FreightWise preferred partners. Key benefits include annual savings of approximately 17% on average, achieved through continuous optimization, carrier contracting, rate negotiation, and freight audit and payment services. The solution aims to maximize transportation spend efficiency without increasing headcount or complexity for businesses, particularly SMB and Mid-Market shippers.
Features & Benefits
- Multimodal Logistics Solutions: Provides comprehensive management for LTL, Truckload, and Parcel shipments.
- Supply Chain Design & Optimization: Reviews shipping practices to identify optimal modes and carriers for improved fulfillment speed.
- Rate Optimization & Carrier Contracting: Leverages significant freight spend to negotiate competitive rates, consolidate opportunities, and mitigate increases.
- Freight Audit and Pay: Manages, audits, GL codes, and pays freight invoices, saving 2-4% of spend and valuable team time.
- Cutting-Edge TMS Technology: Offers easy-to-use and flexible TMS options (FreightWise and Kuebix) for shipment execution, visibility, and documentation.
- Business Intelligence & Reporting: Provides data-driven insights through easy-to-use reports on spend trends by carrier, mode, and more.
- API Connectivity: Enables seamless integration with existing finance, accounting, ERP, and WMS platforms.