SAN ANTONIO, April 7, 2016 /PRNewswire/ -- Banyan Technology announced today at the Transportation Intermediaries Association Annual Conference that it has entered into a strategic partnership with the software provider, McLeod Software. Banyan offers the live data source for LTL rates from their LTL carrier partners for McLeod Software's PowerBroker™ LTL products.
The combined solution enables the rapidly emerging LTL and IT (API) trend among shippers, carriers, third-party logistics (3PLs) and brokers to collaborate and improve operations.
"With the onset of complex operations within a transportation company and the need of integrated solutions," said Lance Healy, Banyan Technology President, "The McLeod partnership allows the power of our combined systems to service those companies looking for a single-source to expand their cost control and shipment visibility."
Headquartered in Cleveland, Ohio and led by industry pioneer, Lance Healy, Banyan has developed a cloud-based LiveTMS™ that is designed to enable shippers, 3PLs and brokers to communicate directly with their own carriers or brokers in collaborative right-now time. From a single neutral platform, the application simplifies logistics processes, supports a live reaction to changes in customer orders and shipments resulting in significant cost savings. Banyan enhances McLeod's automation and analysis of the true freight spend. LiveTMS eliminates daily phone calls, EDI connections and reliance on SMC3 static rating tables.
About Banyan Technology, Inc.
Banyan delivers access to live portals that brokerages, 3PLs, shippers and carriers use to exchange information instantly and in right-now time for every aspect of LTL and TL freight management. The cloud-based software solution stands alone as a LiveTMS™ or becomes the data/information source to boost functionality of an existing TMS. Banyan premiered LiveTMS in 2001, setting a new pace in the industry. More than 1,300 carrier connections later, Banyan still leads, delivering the fastest technical infrastructure and deepest functionality to 24,000 customer sites.
About McLeod Software
Transportation companies that work with McLeod Software find the best ways to improve customer service levels and operating ratios, attract and retain the best drivers, and drive automation to destroy inefficiency. McLeod Software is the leading provider of transportation dispatch, accounting, operations and brokerage management software, and document management systems. Specifically developed for the trucking industry, McLeod Software's advanced management solutions and services enable transportation companies to increase their efficiencies while reducing costs.
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SOURCE Banyan Technology, Inc.