In a complicated market, even a small overhead reduction can mean the difference between a winning and losing bid. But what happens when your reductions combine over time to help your firm save thousands of dollars each month, all while improving the speed, efficiency, and customer satisfaction that your brand is built on?
Meet Mike Wagner, Ernst & Young's 2017 Entrepreneur of the Year. His company, Target Freight, was named #71 on 2017's Inc. 5000 List of the fastest-growing privately-owned companies in the U.S. -- up 11 spots from their #82 ranking in 2016.
"No other technology in today's market can analyze all the variables of a shipment and make a determination against any carrier rules," says Wagner. "Our newly-patented FIDA system not only does this, but it also provides additional savings for our clients above and beyond the negotiated rate."
According to Wagner, with FIDA and other elements of TFM’s technology stack, clients can ship with confidence that the rate they see in the computer is the rate they are going to pay. "We successfully manage our clients' expectations, visibility, and predictability in their supply chain costs. We save them time by eliminating the need to double-check costs, carriers and shipments. By empowering our customers to ship with less worry, we free them up to focus their time and energy on what they do best: make and build."
Among Target Freight's many FIDA-fueled benefits:
- Target Freight will renegotiate their customers' freight, save them substantial money on shipping, and also make sure their freight isn’t reclassed.
- Target Freight can also save customers money on their small package shipments with their parcel division, which means any size shipment will see notable reductions in shipping costs.
- Target Freight has access to carriers that aren’t considered “common.” The company uses over 10,000 carriers to provide their customers with the very best rates and service on Truckload shipping.
