Logistyx Technologies Launches World’s First Single Engine for Global Parcel Shipping: TME 3.0
With more than 8,500 carrier service integrations globally, TME 3.0 provides shippers an unmatched multi-carrier network, predictive analytics and full visibility into customer deliveries
Rolling Meadows, Ill. (February 26, 2019) – Logistyx Technologies, the leader in Transportation Management for parcels, today announces the general availability of its flagship software, TME 3.0, a transportation management system (TMS) specifically designed for parcel shipping.
“TME 3.0 has leveled the playing field for shippers who compete with global e-commerce behemoths like Amazon and Alibaba, and customers of all sizes can leverage this new unified platform,” said Logistyx President Ken Fleming. “Thanks to the tremendous execution of our talented and rapidly growing team, we’ve delivered on the vision of our board that united the building blocks of this company in 2017, and we’ve changed the face of e-commerce fulfillment.”
At times of high demand for fulfillment, many of Logistyx’s largest customers ship more than 80,000 packages per hour. TME 3.0 selects the most effective and efficient combination of multi-carrier services, properly documents those services to ensure compliance, tracks the services through to completion, and ensures accurate billing and timely payment. It also helps the shipper transform and elevate the fulfillment services they provide their customers. While many shippers around the world continue to put the onus on customers to track and trace the status of their orders, Logistyx facilitates a more proactive approach. Shippers set thresholds that trigger proactive alerts about delays and other problems and automatically provide options to resolve them or reduce end-customer dissatisfaction.
Shippers also define their own business rules to direct TME 3.0’s rapid parcel carrier selection based on a variety of factors, including package weight, contents, carrier contracts and rates. The TME 3.0 business intelligence engine empowers customers to see a more complete picture of what’s happening with their parcel shipping and better understand where gains can be made throughout the organization. TME 3.0 extends the Logistyx platform beyond shipment processing to enable shippers to rate shop and perform rate simulation for individual parcel shipments at scale. Shippers easily glean insights from their own data to create substantial cost reductions and service enhancements while creating efficiencies for any parcel-shipping operation that align with business goals. The business intelligence engine also guides the development roadmap at Logistyx, improving performance for all shippers that use TME 3.0.
“Nobody else has a multi-national integrated carrier network focused primarily on parcel shipping like ours, and we’re constantly updating and adding to the 8,500 integrated carrier services so our shippers can get their parcels delivered efficiently to any location in the world,” added Fleming. “TME 3.0 takes the performance of this carrier network to new heights, and our shippers are using it to better serve and retain their customers.”