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Truckstop.com Acquires Registry Monitoring Insurance Services (RMIS)

BOISE, ID, and WESTLAKE VILLAGE, CA – March 22 -Truckstop.com today announced it has acquired Registry Monitoring Insurance Services (RMIS), one of the leading providers of automated onboarding and monitoring services and software to the freight transportation industry. The acquisition of RMIS brings best-in-class carrier onboarding and insurance monitoring to the industry’s largest freight marketplace, Truckstop.com, solidifying the company’s leadership in providing solutions that strengthen broker, shipper and carrier relationships. 

“This acquisition marries the industry’s two most respected compliance tools, RMIS and SaferWatch®, to introduce Compliance-as-a-Service (CaaS) to the freight world, furthering Truckstop.com’s commitment to supply customers with the tools they need to successfully manage the entire freight lifecycle,” said Paris Cole, chief executive officer, Truckstop.com. “By combining our resources and expertise, we will undoubtedly bring even more value to brokers and carriers by simplifying workflow through automation– shortening critical steps to minutes rather than days.”

The addition of RMIS to Truckstop.com’s existing portfolio of onboarding and monitoring solutions is a significant step forward in giving brokers what they need to efficiently evaluate carriers for safety, industry and financial requirements. Plus, brokers can quickly onboard approved carriers and grow their carrier network with confidence.

“From the start, RMIS has operated with the goal of reducing complexities and streamlining processes for our freight customers,” said Hayden Landon, president, Registry Monitoring Insurance Services. “With this acquisition, it is clear that we are better together in our pursuit of delivering best-in-class products, solutions and services to the market.” RMIS is headquartered in Westlake Village, CA, and has approximately 160 employees.

About Truckstop.com
For more than 25 years, Truckstop.com has been a trusted partner for carriers and brokers in the spot market, giving them tools to be successful and efficient through the entire freight lifecycle. As one of the industry’s largest neutral freight marketplaces, Truckstop.com provides the scale of quality loads and trucks to give customers the freedom to build lasting relationships and grow their business. Whether on the road or in the office, Truckstop.com is the single source for products and solutions for the entire freight lifecycle. To learn how Truckstop.com is helping move our industry forward, visit www.truckstop.com.

About RMIS
Since 1996, RMIS has specialized in Insurance Monitoring and Compliance Services for brokers, 3PLs and shippers located nationwide and in Canada. RMIS collects and monitors Certificate of Insurance information, manages compliance rule sets for its clients, and offers customized tools to significantly reduce risk, cut costs, eliminate paperwork, and automate the registration and compliance process. RMIS’s advanced technology coupled with live customer service gives clients peace of mind knowing they can utilize properly insured carriers who meet all their unique requirements.

Frequently Asked Questions

Truckstop.com has acquired Registry Monitoring Insurance Services (RMIS), one of the leading providers of automated onboarding and monitoring services and software to the freight transportation industry.
Terms of the transaction were not disclosed.
The RMIS acquisition brings best-in-class carrier onboarding and insurance monitoring to the industry’s largest freight marketplace, Truckstop.com, solidifying our leadership in providing solutions that strengthen broker, shipper, and carrier relationships. This acquisition marries the industry’s two most respected compliance tools, RMIS and SaferWatch®, to introduce Compliance-as-a-Service (CaaS) to the freight world, furthering Truckstop.com’s commitment to supply customers with the tools they need to successfully manage the entire freight lifecycle.
Yes. This acquisition carries forth our commitment to provide our customers with the tools they need to be successful throughout the entire freight lifecycle. Our goal is to provide our 3PL/broker customers with the most trusted carrier selection, hiring, and digital booking experience from beginning to end, shortening time-critical steps to minutes rather than days.
By combining our resources and expertise, we will undoubtedly bring even more value to brokers by simplifying onboarding workflow through automation. Automatic carrier monitoring reduces the risk of missing safety and insurance status updates that can get overlooked with manual monitoring. Built-in onboarding and monitoring tools substantially reduce expenses and eliminate the time-consuming tasks of manually researching carriers, validating insurance, and monitoring ongoing compliance. Currently, RMIS monitors over 98% of all active carriers. This extensive database of existing accurate carrier profiles will dramatically shorten carrier onboarding time.
Brokers and shippers are required to follow detailed onboarding processes when hiring carriers to transport loads, potentially leaving the broker or shipper liable for the carrier and at risk of negligence due to incomplete, outdated, or inaccurate research. Unsafe or uninsured carriers are a liability that can cost the broker thousands, if not millions of dollars in the case of an accident. Proper onboarding and monitoring can prevent the risk of lost business and damaged reputations with shippers and customers following an accident.
The SaferWatch and RMIS tools work together to expand the total compliance portfolio offered by Truckstop.com to form a complete Compliance-as-a-Service (CaaS) solution. To fully address industry compliance issues and dramatically improve broker efficiency, RMIS brings best- in-class onboarding and compliance services to the existing SaferWatch capabilities offered by Truckstop.com.
RMIS is headquartered in Westlake Village, CA, and has approximately 160 employees who will become Truckstop.com employees, effective immediately.
Yes, the RMIS office will remain open. At Truckstop.com, we are committed to the wellbeing of all partners, their loved ones, and our communities. We will ensure that all local COVID guidelines and requirements are met to keep the office open for those that choose to work on site.

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Juli Burda

Director, Corporate Communications
[email protected]