NEW PLYMOUTH, IDAHO — Truckstop.com, provider of the Web’s most active freight-matching marketplace, today announced the integration of its LoadPay and ITS Dispatch products to provide more payment and business management options to brokers, shippers, and carriers.
Featuring zero transaction fees, LoadPay is a payment network designed to offer carriers more control over their cash flow, while also giving brokers the ability to generate revenue and streamline their back-office work. ITS Dispatch delivers 100 percent web-based, advanced trucking software and feature-rich and cost-effective freight broker software for small- to medium-size carriers and brokers.
“We are excited about the integration of LoadPay into ITS Dispatch,” said LoadPay General Manager Farid Zaffar. “The integration will help brokers, shippers, and 3PLs manage payments without leaving their ITS Dispatch TMS. Carriers can enjoy next-business day payments, while brokers can leverage LoadPay to generate more revenue and eliminate costly back-office work. LoadPay is truly an innovative product that is changing the future of financial transactions in the trucking industry.”
ITS Dispatch users will now be able to decide when and how they get paid and can even get next-business day payment by using the PayMeNow™ option, which allows carriers to choose an instant payment feature based on their cash flow needs. Cash flow will improve almost immediately and carriers will no longer have to rely on costly factoring services. Additionally, LoadPay is free to sign up, has no maintenance or contract fees, and uses bank-grade security.
“Our customers now have the unrivalled functionality and convenience of LoadPay right at their fingertips,” said ITS Dispatch General Manager Eric Edwards. “We’ve just added significant value to our product with this integration, and this is something we’re very proud and excited about.”
Truckstop.com is the one-stop connection between carriers, brokers, and shippers. Founded in 1995 as the first freight-matching marketplace to hit the Web, Truckstop.com has grown to provide load planning and optimization, transportation management, telematics, rate benchmarking, and powerful negotiation tools. Truckstop Pro, Truckstop.com’s most recent and most advanced software subscription, offers users a real-time load board and enhanced transportation partner search and qualification. Across North America, Truckstop.com is recognized as a leading resource for transportation data and trends and also serves as the largest credit reporting entity in the transportation industry.
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