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Axon Software > Case Studies > Over 1000% Growth with Low Overhead & Minimal Admin Staff: The IMT Transport Case Study

Over 1000% Growth with Low Overhead & Minimal Admin Staff: The IMT Transport Case Study

Technology Category

Functional Applications - Transportation Management Systems (TMS)
Sensors - Liquid Detection Sensors

Applicable Industries

Agriculture
Transportation

Applicable Functions

Logistics & Transportation

Use Cases

Autonomous Transport Systems
Time Sensitive Networking

The Challenge

IMT Transport, a family-owned trucking company based in Iowa, faced significant challenges in managing its operations. The company, which has been in business for over 50 years, experienced most of its growth in the past 15 years. However, the company was struggling with an outdated, Excel-based program for managing its operations. The program was not capable of handling the company's diverse operations, which included trucking equipment, agriculture, construction, gas, and oil. The company was also struggling with transparency issues, particularly with its owner operators. The company was paying trucks, fuel tax, and cargo insurance based on the odometer, which resulted in overpayment. Furthermore, the company was struggling with invoicing, which was affecting its cash flow.

About The Customer

IMT Transport is a family-owned trucking company based in Iowa. The company was founded in the early 1970s and has been in the trucking industry since the early 1950s. The company has satellite terminals in Des Moines, Iowa; Shippensburg, Pennsylvania; Selma, Alabama; Phoenix, Arizona; and a drop yard in Houston, Texas. The company also owns and operates a separate trucking company, RML Transport. IMT Transport is highly diversified, with no single customer accounting for more than 10% of its business. The company operates in various industries, including trucking equipment, agriculture, construction, gas, and oil.

The Solution

IMT Transport adopted Axon Software to manage its operations. Axon Software provided a comprehensive solution that addressed the company's diverse operations. The software provided cost-per-mile tracking, cross-docking, and revenue allocation. It also provided custom reports and equipment revenue reports, which helped the company provide transparency to its owner operators. The software also helped the company switch from paying trucks, fuel tax, and cargo insurance based on the odometer to using PC*Miler, which resulted in more accurate payments. Furthermore, Axon Software helped the company improve its invoicing process, which improved its cash flow. The software also helped the company reduce redundancy in its operations, which allowed it to grow without having to add much core admin staff.

Operational Impact

The implementation of Axon Software has brought about significant operational improvements for IMT Transport. The software has helped the company manage its diverse operations more efficiently, reducing redundancy and allowing for more accurate tracking and allocation of costs. The software's custom reports and equipment revenue reports have also improved transparency with the company's owner operators, which has helped with driver retention. Furthermore, the software has improved the company's invoicing process, which has had a positive impact on its cash flow. Overall, the software has helped the company manage its growth more effectively, allowing it to expand its operations without having to significantly increase its administrative staff.

Quantitative Benefit

IMT Transport experienced over 1000% growth with the help of Axon Software.
The company was able to grow from 15-20 trucks to around 250 trucks without having to significantly increase its administrative staff.
The company was able to reduce overpayment by switching from paying trucks, fuel tax, and cargo insurance based on the odometer to using PC*Miler.