eBrief -- “Brokers as Bankers” Webinar September 23, Decrease Receivables Loss to Less Than 1 Percent

PORTLAND, Ore.--(EON: Enhanced Online News)--On September 23 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. In 2009, shippers have slowed payments by an average of three-to-seven days nationally, and brokers are paying the price. In a $162 billion industry, a slowdown of just five days amounts to approximately $2.5 billion annually in lost revenue to brokers.

In addition to featured speaker Winston Aston, CEO of TransCredit, Brokers as Bankers features a panel of industry experts including two transportation brokers with a lifetime of experience in the industry. John Miller, vice president, Hybrid Transit Systems, is a 27-year industry veteran with experience in all facets of brokerage including sales, marketing and operations. Greg Roush, president Smart Lines, is a third generation trucker who knows firsthand the importance of logistics to shippers, working in the family business that was founded in 1929.

Joining the panelists will be Steve Blair, general manager, TransCore Broker Transportation Management Systems, to discuss critical steps brokers can take to position themselves for long-term success and decrease their receivables loss.

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 freight services, including loadboard products 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.