TSC Container Freight Selects Rate Explorer

Monday, June 23, 2003

Management Dynamics, Inc. announced that TSC Container FreightT (www.tsccontainerfreight.com), a global provider of logistics solutions for both import and export customers, has selected Rate Explorer® from Management Dynamics to automate the buy and sell side of its NVOCC business. Rate Explorer will enable TSC Container Freight to increase bottom-line results as the company seeks to meet aggressive growth objectives over the next three years. TSC Container Freight Managing Director, Brad Heier, said, "As a large NVOCC and freight forwarder, we have seen many vendors and technologies promising to solve the contract management challenge, but always failing to deliver. That is, until we discovered Rate Explorer from Management Dynamics." Heier continued, "Our business is experiencing remarkable growth that must be profitably managed. Rate Explorer will not only help us better manage our costs and improve our productivity, but it will also enable us to continue to differentiate our services with the promise of no hidden surcharges for our customers." TSC Container Freight will use Rate Explorer to establish a strong buy-side foundation for its business, to accurately manage all freight costs. Rate Explorer will also enable TSC to improve its buy-side back office productivity by automating the tedious and time-consuming task of freight auditing carrier bills-of-lading, as well as simplifying what is a steep learning curve to fully grasp the complexity of service contracts and ocean pricing. On the sell-side, Rate Explorer will provide TSC with a more precise understanding of its total freight costs, which will allow the company to prepare quicker, all-inclusive quotes that win more business while protecting its target margins. With Rate Explorer, TSC will also be able to bring in-house its FMC tariff publishing activities to reduce third-party publishing costs while ensuring regulatory compliance. John Preuninger, president and chief operating officer of Management Dynamics, said, "We are delighted that TSC Container Freight has selected Rate Explorer to help profitably manage their growth. The addition of TSC to our client list validates the relevance and proven performance of Rate Explorer for exporters as well as importers in today's global marketplace."