Newly Released Transportation Software From Ahern & Associates Helps McKelvey Trucking Cut Costs, Assess Profitability

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 12, 2009 -- Phoenix, AZ—Recognizing the importance of customer rate profitability and staying abreast of current technologies is what has helped make McKelvey Trucking an industry leader for over fifty years.
Hoping to improve overall profitability when assessing potential and current customers, Dale Fink, CEO of McKelvey Trucking called on long time trucking analyst; Andy Ahern of Ahern & Associates for a solution.

Financial I.Q. 2.0 transportation software is a windows based application which works directly off of the company’s actual financial statements to provide the user with keen insight on individual loads, shipping points, lanes, rates for bids, customers, round trips and equipment. When analyzing these individual segments, Financial I.Q. 2.0 generates a profit and loss statement that accurately details total revenues, total expenses, bottom line profit, profit percentages and operating ratios.

Fink and McKelvey Trucking regularly use Financial I.Q. 2.0 to perform lane analysis when considering placement of a potential customer and to determine profitability. Fink explains, “Financial I.Q. gives us accurate analysis when we run a current or prospective customer through certain lanes; we can see if it’s profitable or not, then we can make adjustments.” Fink explains, “It (Financial I.Q.) also gives us a handle on equipment by assisting us in determining who we put on certain loads; depending on the analysis, the software helps us decide whether we use an owner-operator or a company truck.”
Mark Gwynn, VP of McKelvey Trucking oversees the operation of Financial I.Q. 2.0 and knows its effects first hand. “Financial I.Q uses our actual company data to help us gain a better understanding of what types of costs are associated with our customers’ lanes and gives us the ability to rate accordingly—it’s a tremendous tool which has made a real impact to our bottom line.”
Financial I.Q. is profitability software customizable for all sizes of truckload, LTL and freight broker firms; a free demonstration can be found at http://www.ahern-ltd.com/offers/financialiq .

About Ahern and Associates:

Ahern and Associates is North America’s leading trucking and transportation management consulting firm. The skilled consultants at Ahern and Associates specialize in mergers and acquisitions of trucking and logistics companies as well as the restructuring and evaluation of existing carriers that seek to increase operating efficiency and improve profitability. Since 1987, Ahern and Associates has aided hundreds of buyers in the acquisition of trucking and logistics companies throughout the U.S. and Canada as well as assisting many transportation and logistics companies in reducing their overall operating costs and increasing their profitability. For more information, please call 602-242-1030 or visit http://www.Ahern-Ltd.com.

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Business contact
Andy Ahern
602-242-1030

Media contact:
Jason W. Jantzen
Red Spot Marketing
http://www.RedSpotMarketing.com
602-282-0202

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