Program Provides High Volume Parcel Rates to Clients
Regardless of Volume
CLEVELAND, OH (November 14, 2024) – Banyan Technology, the leader in freight execution software, has announced the launch of its new Parcel Savings+ program — a unique solution designed to help Shippers and 3PLs achieve substantial Parcel cost savings.
With the industry firmly planted in the fourth quarter, and a shortened peak season approaching, many businesses are facing increased pressure to manage costs while simultaneously deploying the necessary shipping volume to achieve bottom line results. Parcel Savings+ helps alleviate the challenges that many Shippers face in trying to secure high volume Parcel rates with average shipping volume demand.
Parcel Savings+ provides Clients with top-tier domestic and international Parcel shipping rates for inbound and outbound shipments typically only available to the top-tier contract holders. The result is a strategic advantage for Clients that fall below the top tier for Parcel shipping, not just in the fourth quarter, but throughout the year.
The strategic partnership leveraged to create Banyan’s Parcel Savings+ program is the result of a tenured partnership bringing shipping and technology expertise together to secure exclusive, pre-negotiated rates that Shippers can depend on. Initiated in the second quarter of this year, to date Clients have experienced 6% – 15% cost-savings versus their standard spend.
“We understand that our clients need reliable, year-round savings on their Parcel shipments,” said Brian Smith, CEO of Banyan Technology. “With Parcel Savings+, our Clients benefit from top-tier rates that are hard to achieve on an individual basis. This program provides a seamless, efficient way to control costs and forecast shipping budgets with confidence.”
The Parcel Savings+ program provides Banyan clients with lower rates that would typically require prolonged rate negotiation and high-volume Parcel shipping quantities. Rather than navigating seasonal discounts and limited-time carrier offers, qualified shippers can enjoy stable, low-cost parcel rates across both peak and off-peak periods.
About Banyan Technology
Banyan Technology, the leading provider of over-the-road (OTR) shipping software, delivers enterprise-level, end-to-end freight execution solutions. Our patented LIVE Connect® platform serves as your primary transportation management system (TMS) or API connectivity that supports your existing systems. Banyan’s solution provides a comprehensive suite of AI and BI tools that help automate manual shipping processes and identify cost-saving opportunities through multi-mode rate comparison. To learn more, visit www.banyantechnology.com or connect with us on LinkedIn, Facebook, and Twitter.