Howard Sheppard Inc. Chooses Transportation Costing Group
TCG’s activity-based costing solution will enable diversified for-hire motor carrier to more effectively determine costs and profitability
ROCKVILLE, MD. – April 2, 2009 – Transportation Costing GroupTM (TCG), specialists in activity-based profitability and cost analysis for the transportation industry, today announced that Howard Sheppard Inc. has selected its Profitability Management Tools®. The motor carrier will use TCG’s Truckload Cost Information System (TL/CIS) to more effectively measure the actual cost and profitability of each shipment hauled by its various operations.
“We chose the TCG activity-based costing system to address several unique challenges,” said Eric Holmes, Executive Vice President & COO at Howard Sheppard. “With a number of very different operations and locations that serve common customers with shared equipment, we need to determine credible costs and profitability based on actual data that is fully reconciled with our General Ledger. Another need was a system that integrates with our enterprise software from Innovative Computing Corporation to gather data seamlessly from dispatch, driver settlement, accounting and other areas. Each of these needs is uniquely addressed by TL/CIS.”
Howard Sheppard Inc., headquartered in Sandersville, Georgia, is a for-hire common and contract truckload carrier that offers dry van, bulk, flatbed, dump bed and containerized (dry and refrigerated) freight services from five terminal locations.
“TL/CIS is perfectly suited to address the priorities of Howard Sheppard,” said Jack Jones, vice president at TCG. “The complexity of their business model presents a great opportunity to demonstrate how flexible and adaptable our activity-based software is for every type of carrier. We look forward to working with them to meet their needs.”
Transportation Costing Group is the provider of the most widely used suite of Activity-Based Costing models to the motor carrier industry. TCG provides models tailored to specific carrier operations. Information on the Activity-Based Costing Models and services offered by TCG can be obtained by contacting (800) 328-9700 or firstname.lastname@example.org. For general product information please visit www.tcgcis.com.
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