Banyan Technology

Streamlines freight operations with direct data connectivity, AI-powered tools, and automated exception auditing, maximizing efficiency and reducing costs for shippers and carriers.
Freight Execution Transportation Management Logistics Optimization

Banyan Technology offers a full freight execution software suite that provides direct data connectivity and a full-service transportation management system (TMS) for over-the-road freight execution. The LIVE Connect software streamlines freight operations for shippers, 3PLs and carriers, maximizing efficiency and reducing costs.

Banyan Technology provides end-to-end freight execution solutions with a large number of carrier connections for LTL, Truckload, Local Carrier and Parcel shipping. The software includes a suite of AI and business intelligence tools to support real-time data and document retrieval, multi-mode scheduling and tendering, and automated exception auditing of freight bills.

Some of the key benefits of Banyan Technology include:

  • Scalable Solutions: Meet the needs of growing businesses with highly configurable technology.
  • Unparalleled Service: Ongoing support ensures clients get the help they need.
  • Automated Exception Audit: Quickly identify and resolve freight bill discrepancies.
  • Comprehensive Data and Document Retrieval: Access and manage shipping documents and data.
  • Multi-Mode Scheduling and Tendering: Manage multiple shipping modes from a single platform.
  • Ongoing Innovation: Collaborative approach to keep pace with the evolving needs of the shipping industry.

Banyan Technology is designed to help shippers by finding the lowest cost for each load across multiple over-the-road shipping modes. For carriers, it means greater pricing flexibility and valuable business intelligence. 3PLs can increase profit margins through better supply chain visibility and empower clients with business intelligence. Partners can use Banyan's reliable and real-time connectivity platform to expand their reach.

Customers have reported substantial savings and process improvements, including:

  • 90% reduction in dispatch time
  • Up to $600,000 per year in LTL freight spend savings
  • 20% average savings on shipping costs

Pricing is not publicly disclosed, but you can contact Banyan Technology directly to learn more about their pricing model and to schedule a demo.

Published on August 6, 2024

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