For this technology-focused third-party logistics company, the key to quadruple-digit growth is a dynamic culture.
Dynamic Logistix honored in the Kansas City Business Journal's ranking of fastest-growing area businesses ranked by average annual revenue growth.
"Another in a series of fast-growth success stories amid a booming logistics sector in Kansas City, Dynamic Logistix is back for a second consecutive bite at the Top 10 CR100 apple. The company, says CEO Jeff Auslanter, has achieved its success through a mixture of hard-working employees and 21st-century shipping technology that helps shippers reduce costs and wasted time."
Dynamic Logistix specializes in deployment of its transportation management system (X.TMS) to create increased automation, accountability, reliability, and scalability for shippers.
“The customer side is turning over. If you don’t have the technology, the visibility, the transportation-management software, and the reporting that all the other departments enjoy inside your company, you’re probably going to start looking for companies that do those things well. That’s what we do - that’s why we are called Dynamic.”
- Jeff Auslander, CEO and Managing Partner
INC lists the fastest growing companies in the nation and the area's top-ranking company is Overland Park-based Dynamic Logistix, which secured the No. 82 spot on the list.
Dynamic Logistix has joined the pedigree of Oracle, Pandora and Microsoft to be named One of the Fastest Growing Companies in the United States by Inc. Magazine.
Dynamic Logistix was awarded 1st Place in Best Places to Work in Kansas City.
There is no doubt that COVID-19 has had a very real impact on our economy and shippers. The U.S. gross domestic product (GDP) fell an annualized rate of 32.9% in the second quarter of 2020. This is the largest decline on record, surpassing the financial crisis of 2008 which was 8.4%.
So, you’ve decided a TMS is right for your business. Now what? If you search “Transportation Management System” on Google, you will get over 900 Million results. Choosing the best solution out of so many options is no small task.
Is Now the Right Time for a TMS?
Contrary to popular belief, technology is not the solution to every problem. We have heard horror stories about prospective clients investing valuable resources into technology only to see their problems get worse. How can this be?
Traditionally value is measured by rates. On the surface this makes sense, if you can control your rates, you can control your freight spend. However, should your goal be to ship your products for the lowest rate, or the lowest cost? Rates tend to increase over time, but there are multiple ways to reduce costs.
The COVID-19 pandemic is, unfortunately, a Black Swan Event, effecting the freight economy in ways that could not have been forecasted. A quick look at the OTVI (Outbound Tender Volume Index), which measures tendered contracted outbound volume, highlights the sudden swing in volume over 45 days between March and April. Load volumes have decreased at twice the speed they rose last month.
We are living in unprecedented times. The COVID-19 Pandemic has impacted every person and business in the United States. In a matter of weeks, we have been forced to adapt to a “new normal,“ and shippers are no different. Many of the shippers we partner with at Dynamic Logistix are considered essential businesses, which means that they must find a way to adapt quickly and still deliver service to their end customers.