Supply Chain Experts Strike Data Deal

 01 Mar 2019 10.26am

Container tracking solutions experts Project44 has announced it has signed an agreement with US Bank, a provider of industry-leading freight payment solutions, to increase freight documentation visibility in the supply chain.

According to a statement, the deal will see Project44 integrate its Advanced Visibility Platform with US Bank’s Freight Payment Solution, which will deliver on-demand, real-time access to carriers’ Less-than-Truckload (LTL) and Less-than-Trailer (LTL) information.

It means that shippers will be able to instantly view carriers’ bills of lading, invoices, delivery receipts and weight certificates with a single click.

This capability will help automate the audit exception process and reduce the time needed to approve freight bills and ultimately improve carriers’ sales.

A brand new Port Technology technical paper explores supply chain visibility and efficiency 

Tommy Barnes, president of Project44, hailed the deal as a vital supply chain tool: “Our work with U.S. Bank Freight Payment shows Advanced Visibility goes beyond just providing more accurate and predictive shipment tracking information – it delivers end-to-end supply-chain visibility, including automation of payment and other key transportation processes.

“From the moment a company begins planning a shipment, to the point that they pay freight charges, our platform gives folks across the supply chain the real-time information they need to increase operational efficiencies, reduce costs, improve shipping performance, and deliver an Amazon-like experience to their customers.

“U.S. Bank has led the industry with its freight payment offering, so it makes sense they are among the first to integrate an advanced visibility platform into a freight payment solution.”

John Hardin, senior vice president, US Bank, also commented: “With the project44 platform, we are enhancing shipper freight payment experiences and helping carriers get paid faster.

“We are excited to leverage the project44 Advanced Visibility Platform to automate more manual processes in the future – providing more benefits to both shippers and carriers.”

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  Automation and Optimisation , Carriers, Container Handling, Automation Systems, Containers, Finance, Global Economy/Trade, Ports, Shipping