Freight matching platform TNX has formed a long-term domestic partnership with freight management business Coda Group.
TNX will provide transport optimisation and vendor management, allowing Coda to improve freight flows with less truck movements.
TNX managing director and co-founder, Jonah McIntire says applying its algorithms and approach to customers could drive significant change in the freight sector.
“Our vision is to enable supply chain strategies, for retail and manufacturing cargo flows, that are simply not seen today.
“Our work with Coda will showcase what technology can mean for transport.”
Coda chief executive Scott Brownlee says it hopes to remove waste from the domestic logistics network by using the technology.
“By partnering with TNX we will deliver fresh and innovative supply chain solutions to provide better matching of freight flows up and down the country and bring greater value to our customers and logistics partners.
“We will continue to leverage the opportunities TNX has created on their open-spot market platform that already successfully allows us to find transport capacity and match cargo on a daily basis.”
Coda’s TNX software development kicks off in September, with implementation to be rolled out over the next ten to 12 months.
