NEW PLYMOUTH, IDAHO — Truckstop.com today announced the integration of its LoadPay and Real Time Freight products to provide more business management and payment options to brokers, shippers, and carriers.
Real Time Freight is a scalable, cloud-based transportation management system which helps seamlessly manage freight, benchmark rates, and streamline the entire freight execution life cycle.
“LoadPay is like the PayPal of the trucking industry, a big leap forward for both brokers and carriers,” says John Howland, Enterprise Account Executive with Real Time Freight. “Both will be happy to settle payments quickly, with zero fees or upfront costs, and without the hassle of checks.”
LoadPay features zero transaction fees and 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. LoadPay also eliminates the inconvenience and costs associated with checks, wires, and ACH fees.
“The integration of LoadPay into Real Time Freight offers brokers, shippers, and 3PLs an end-to-end payment solution,” said LoadPay General Manager Farid Zaffar. “LoadPay users can schedule payments, view payment status, export payment history — and more — directly within the TMS. Users can also take advantage of LoadPay’s fully automated quick-pay solution which is a great alternative to high factoring rates.”
Real Time Freight 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.
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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