ConData, a global leader in freight audit solutions, today announced it has combined with TNL Global (TNL), a leading parcel audit and data analytics firm, to expand ConData’s transportation spend optimization services. Together the combined company will provide shippers with the industry’s most comprehensive logistics spend management solution, offering business intelligence, audit recoveries, and contract optimization services for customers looking to strategically manage global logistics costs.
The combined company, which will operate as ConData, has come together at an opportune time when customers have a growing need for cost savings in a challenging economic environment.
“TNL’s best-in-class parcel analytics and expertise complements ConData’s vision to be the premier market provider of logistics auditing and carrier contract optimization services,” said Dave Newberry, CEO of ConData. “Our combined company will offer customers large and small with a proven way to identify cost savings across all shipments globally.”
Together, the combined company will provide:
- Innovative Expertise: ConData brings over 60 years of specialized transportation audit, best-in-class technology solutions and a customer base representing over $20 billion of annual transportation spend.
- Audit Cost Recovery: ConData will provide the most holistic parcel and freight audit cost recovery program with the highest net recoveries across all modes of transportation globally.
- Data Analytics: ConData will utilize its robust, cloud-based platform for customized, enterprise-level analytics to drive customer cost savings and operational improvements.
- Contract Optimization: ConData will provide detailed historical spend analysis and optimization of current contracts to improve service and overall transportation spend.
“We are thrilled to partner with an industry leader like ConData,” Chris Brinkman, CEO of TNL Global, said. “As part of the ConData team, we are second to none in product innovation and are committed to providing strategic solutions to our customers’ evolving transportation spend needs.”
ConData Global has been performing comprehensive freight audits for clients since 1956 and is the recognized global leader in transportation audit solutions. The scope of ConData’s audit services covers both U.S. domestic freight as well as international freight, including Europe, Asia, and Latin America. Beyond its global approach, ConData provides unparalleled expertise in all transportation modes, with specialized audit staff preforming first-rate analysis.
About TNL Global
TNL Global is a technology-driven parcel analytics and audit solutions provider, delivering effective spend strategies for large shippers’ transportation expense management and optimization objectives. TNL’s has been driving strategic quantifiable cost savings for their partners across North America, Europe and Asia since 2009.
Brian O’Connor, NGP Managing Partner