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Transportation News
Recent Business Newswire Stories from PRnetwire™ and eNewsChannels™
Edited by Christopher Simmons, senior news editor
Crescent Line and Sea Traders Line Select Management Dynamics' Rate Explorer for Ocean Contract Management
New Customers Signal Growing Adoption of Rate Explorer by NVOCCs to
Improve Pricing and Better Manage Costs
EAST RUTHERFORD, NJ - December 15, 2003 /Send2Press Newswire/ --
Management Dynamics, Inc. (www.ManagementDynamics.com), the market
leader in price and contract management solutions for the ocean
transportation industry, today announced that Crescent and Sea Traders
Line have selected Rate Explorer(R) to improve pricing activities and
better manage buy-side costs. Management Dynamics' momentum in the
NVOCC market signals the importance of contract management for ocean
transportation intermediaries.
"Rate Explorer is the only tool in the market that can both accurately
disseminate our contracts, and make available to our personnel accurate
and current costings," said Mike Davis, Vice President of Crescent Line.
"At a time where contract surcharges can make or break a transaction,
accounting for these items is critical. Rate Explorer's unique system
allows all of our personnel to be confident when providing quotes."
"To support our growing business we use Rate Explorer to disseminate
pricing to our local offices and eliminate the inefficient management of
text-based contracts", said Keith Buford, President of Sea Traders Line.
"Our productivity gains with Rate Explorer go beyond contract
management; we can now assemble quotes in minutes and efficiently audit
our freight bills."
With Rate Explorer, NVOCCs expand profitability from operations by
better managing costs and by using contracted rates and service options
to produce quotes that win more business. Management Dynamics converts
spreadsheets and text contracts to a calculable format and manages the
amendment process to ensure the highest levels of rating accuracy. A
web-based service, Rate Explorer can be easily deployed with complete
user security on a global basis in a matter of weeks to dramatically
improve the quotation process, confirm rates prior to booking, and
implement a reliable freight audit process. In this way, Management
Dynamics clients realize benefits to both their top and bottom line.
"We welcome Crescent Line and Sea Traders Line to our growing NVOCC
clientele", said John Preuninger, President and COO of Management
Dynamics. "With heightened competitive forces in the market today, we
expect that more NVOCCs will turn to Rate Explorer to manage two
critical dimensions of their business: costs and customers.
About Crescent Line, Inc.
Crescent Line Inc. is fully licensed NVOCC operating in North America.
From our head office in Dallas, Texas, we cover shipments originating in
the U.S.A., Mexico, and Canada. Crescent Line's services include full
container load, special equipment, out of gauge cargo, bulk, and RoRo.
With over 75 years of combined experience, the Crescent Line staff is
fully capable of handling shipments of all kinds.
About Sea Traders Line, Inc.
Sea Traders Line, Inc. was founded in 1987 and is now one of the largest
NVOCCs in the US Gulf with offices in Houston, New Orleans, Dallas and
Austin. With over 30 employees, Sea Traders Line, Inc. provides a broad
product to its customers throughout the U.S. and the world.
About Management Dynamics, Inc.
Headquartered in East Rutherford, New Jersey, Management Dynamics is the
market leader in tariff and contract management solutions for the ocean
transportation industry. The company's flagship product, Rate
Explorer(R), is a web-based solution that automates contracts to improve
operations and reduce costs for importers, exporters, transportation
intermediaries, and carriers. With the industry's most accurate rating
engine, Rate Explorer is used to calculate accurate bottom-line charges
prior to quoting or booking, identify and eliminate invoice errors, and
improve back-office productivity. Rate Explorer is the time-proven
solution with over 6,000 users processing 8,000,000 transactions per
month.
For more information, please visit http://www.ManagementDynamics.com or
call (201) 935-8588.
Management Dynamics, Inc. and Rate Explorer are trademarks or registered
trademarks, service marks or registered service marks of Management
Dynamics Inc. All other product and company names mentioned herein may
be trademarks of their respective holders.
Organization Website:
www.ManagementDynamics.com
Source of News:
Management Dynamics, Inc.
New Jersey Newswire
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Transportation Newswire
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