Source: Marketscreener

TTX: Redwood Logistics Announces the Results of Their Collaboration with TTX Company

Redwood Logistics announced the results of their collaboration with TTX Company. This partnership has revolutionized TTX's logistics strategy, leading to enhanced service levels, asset utilization and financial performance. Redwood led the implementation of Oracle Transportation Management (OTM) to help digitally orchestrate the complex movements of both TTX?s railcar assets and individual customer shipments. This solution has allowed TTX to optimize its routes, including round trips, as well as build and consolidate loads to maximize capacity for every railcar. The Redwood team also connected OTM in real-time with Oracle Cloud Fusion and Oracle Financials, enabling TTX planners to see the real impacts of various carrier rates and contracts before assigning shipments. To help optimize TTX?s parcel shipping operations, Redwood also implemented Redwood Parcel Cloud, Redwood?s proprietary parcel services software, allowing TTX to rate, ship, and track all parcels via a single, easy-to-use tool. Thanks to its integrated suite of Oracle solutions, TTX now has real-time visibility of shipments and assets across all transportation modes. TTX logistics planners can proactively negotiate carrier rates and contracts to maximize customer service while minimizing costs. Redwood Parcel Cloud has been especially helpful in making complex decisions between parcel shipping and less-than-truckload (LTL) transportation.

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Est. Annual Revenue
$1.0-5.0B
Est. Employees
1.0-5.0K
Thomas F. Wells's photo - President & CEO of TTX

President & CEO

Thomas F. Wells

CEO Approval Rating

76/100

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