TransCore Hosts “Brokers as Bankers” Webinar September 23

PORTLAND, Ore.--(BUSINESS WIRE)--On September 23^rd at 3 p.m. EDT, TransCore hosts “Brokers as Bankers,” a webinar focusing on critical cash flow issues facing brokers and 3PLs in a sluggish economy. Shippers are lengthening their payment schedules as carriers struggle with depressed rates and fluctuating fuel surcharges. Consequently, brokers and 3PLs find themselves extended on both sides of the logistics equation.

“The best brokers are playing the role of bankers, as they are forced to pick up the days between shipper remittance and carrier payment”

“Brokers as Bankers” features a presentation by Winston Aston, CEO of TransCredit, a recognized expert on credit and payment issues in the transportation industry. Aston has spent the last 23 years as CEO of TransCredit reporting on transportation industry credit. Previously, he operated a trucking company with an in-house brokerage for 14 years.

“The best brokers are playing the role of bankers, as they are forced to pick up the days between shipper remittance and carrier payment,” Aston explained. “Even when the shipper pays late, these brokers still meet their commitments to pay carriers within 30 days.”

Aston’s remarks will be followed by an online question-and-answer session as well as a panel discussion with John Miller, vice president, Hybrid Transit Systems; Greg Roush, president of Smart Lines; and Steve Blair, general manager for TransCore’s Broker Transportation Management Systems.

The webinar will also address tools and techniques, including TransCore’s Logistics Software, that can help brokers and 3PLs maintain healthy customer-vendor relationships and their bottom line. To register for the webinar, please visit www.transcorebrokertms.com or call 800-728-7305.

About TransCore’s Freight Business Services

TransCore’s Freight Business Services provides a full line of commercial freight services, comprising industry standard loadboard products powered by the DAT Network for brokers, shippers, carriers and owner operators; truckload rate information; automated carrier insurance certificate and DOT authority monitoring; and related services. TransCore also provides satellite tracking and in-cab communications solutions, logistics software used by more freight brokers than any other broker TMS provider, distribution and intermodal services, and a variety of fleet compliance services for tax reporting, titling, and driver services.

About TransCredit

TransCredit, located in Jacksonville, FL, provides credit scores and reports to 31,000 corporate customers in the transportation industry, including 97% of the freight factoring companies in the U.S. and Canada.