Cost modelling is leveraged by the most competitive and profitable transportation organizations. Whether it is a private fleet for grocery deliveries, dedicated bulk tankers in the chemical industry or a retailer managing inbound via less-than-truckload (LTL) and parcel, cost modelling is the analysis to identify cost reduction opportunities. Understanding and developing an accurate and robust cost model enables a variety of analyses, based on everyday real-world use cases, to increase...
https://www.freightwaves.com/news/white-paper-when-and-why-should-i-cost-model