Trucking news and briefs for Monday, July 4, 2022:
Transportation Spend Management (TSM) firm Trax Technologies and Truckstop.com recently announced a partnership to help carriers, shippers and brokers work smarter together.
The companies said the partnership will decrease time to onboard carriers for shippers and provide the opportunity to enhance rate and payment data, granting visibility into rate management and selection, shipper-carrier on-time payment and financial and data flow insights.
Truckstop.com ensures compliance and onboarding technology by lane, carrier and region, while Trax keeps carriers and shippers informed through end-to-end visibility and next-generation transportation spend management technology and service solutions.
Encouraging clients to become a shipper of choice, Trax provides visibility for shippers who are auditing and paying for carrier services, while Truckstop.com provides approved carriers with transparency into how much they are being paid for each load.
Together, the companies are looking to tackle supply chain challenges from opposite ends of the issue to meet in the middle, resulting in better shipper-carrier relationships and more solid business practices.
[Related: No Turning Back: New era for direct freight]
