May 12, 2006 — Transportation Costing Group (TCG),
specialists in Profitability Management Tools and activity-based
cost analysis for the transportation industry, said it is enhancing
its product line with the addition of FACTSview, the business intelligence
module of the FACTS suite of software from Carrier Logistics Inc.
New York-based Mystic Tank Lines Corp. is the first customer to
use the integrated solutions.
FACTSview is a business intelligence tool based on the highly familiar
Microsoft Excel platform. Utilizing complete and accurate information
provided by TCG’s Cost Information System, FACTSview gives
users the ability to drill down into over a dozen metrics associated
with shipments, lanes, customers, and origin and destination points.
“TCG's advanced activity-based costing and other software
has gained wide acceptance among leading Less than Truckload (LTL)
and Truckload (TL) carriers because its accuracy gives it a high
level of credibility,” said Ken Manning, president of TCG.
“Our CIS solutions are currently the only systems that offer
a complete, accurate and fully replicable costed traffic database
that ties back to the general ledger. The capabilities provided
by integrating FACTSview will further enhance this highly effective
profitability management tool.”
“This integrated solution our two companies are providing
will allow a comprehensive analysis of operational factors that
impact costs and profitability,” stated Kenneth Weinberg,
vice president of Carrier Logistics. “It’s a product
that will be used by small and large carriers alike because it gives
managers the ability to quickly spot trends in performance or analyze
variances, and use that information to make more effective business