TransCore Introduces Credit Patrol to Protect Freight Brokers and Carriers against Fraud
PORTLAND, Ore., Nov. 11 - Intelligent Transportation Society
of America member TransCore introduces Credit Patrol, a credit
monitoring service designed specifically for freight brokers and
carriers. The new service alerts subscribers to any changes in
their own credit record or that of their transportation business
partners.
A change in credit score or days-to-pay can provide early
warning of a business failure, and it is often the first sign of
fraud or identity theft. Credit Patrol enables subscribers to
monitor changes to their own credit score and days-to-pay record,
or to monitor any broker or carrier on TransCore's DAT®
Network, the premier online marketplace for freight loads and
trucks.
"Many of our customers tell us that this year's volatile
economy has led to an increase in bad debt," said David Schrader,
TransCore's senior vice president of Freight Services.
"Our new Credit Patrol service is one tool that helps them to
be more vigilant about monitoring the credit records of their own
customers and vendors," he said.
Motor carriers or freight brokers can enroll in Credit Patrol
for $39 per month. The service enables them to protect their
companies' reputations and assess the creditworthiness of current
and prospective business partners. Credit Patrol is provided by
TransCore with support from TransCredit, a provider of credit
information and scoring for the transportation industry.
About TransCore
TransCore's Commercial Technology Group is a leading provider
of transportation solutions in the United States and Canada serving
brokers, carriers, owner-operators and shippers with best-in-class
products. Load boards include Loadlink in Canada and 3sixty Freight
Match powered by the DAT Network in the United States, which has
set the industry standard for the spot freight marketplace since
1978. TransCore's asset tracking and in-cab communications
solutions feature the industry's fastest response times and
state-of-the-art satellite networking. TransCore provides fleet
compliance, distribution and intermodal services, automated carrier
safety and insurance monitoring, truckload rate indices for
contract markets, and the most popular broker logistics software.
TransCore is also the largest global manufacturer of
transportation-based radio frequency identification (RFID)
applications with 37 million RFID tags and 58,000 readers
distributed in more than 40 countries throughout the world.
TransCore RFID products support the toll, traffic management, rail,
access control, homeland security, and parking markets.
Contacts:
TransCore
Barbara Catlin, 972-740-7150
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