Intermodal Data Hub Revolutionizes Chassis Billing Operations With Cloud-Based Reconciliation Software
PRINCETON, N.J., Feb. 11, 2016 /PRNewswire/ — TRAC Intermodal and Gary Chilo, the founder of Blocking and Tackling LLC, have formed a joint venture to reinvent the chassis invoice billing process with the introduction of Intermodal Data Hub.
Intermodal Data Hub automates the chassis billing and reconciliation process between motor carriers and intermodal equipment providers (IEP). The Intermodal Data Hub platform is a cloud-based Software as a Service (SaaS) that simplifies billing operations, increases efficiency, boosts chassis margins for the motor carrier, enhances data visibility and improves collaboration across the intermodal supply chain.
Intermodal Data Hub applies business rules and software capabilities to provide a clear and concise reconciliation of all IEP invoices against billing data imported from the motor carrier’s Transportation Management Systems (TMS). This process reduces the workload and complexity of standard billing by quickly and easily identifying the status of each invoice. In addition, Intermodal Data Hub uncovers profit opportunities by identifying charges from the IEP that have not been invoiced or reconciled between carriers and IEPs. Intermodal Data Hub subscribers are provided with a dashboard view of their billing operations and overall profitability.
“We now have control of our chassis billing and payments,” says Michael Burton, President of C&K Trucking, an intermodal logistics and trucking company based in Chicago. “In implementing Intermodal Data Hub, we have lowered our administrative costs, improved our accuracy of invoicing, and gained visibility and control that we had not had previously. When you multiply the number of pools we are involved with, with the number of steamship lines, the number of special contracts with BCO’s, and the various billing formats, it gets pretty complex. Not to mention that these terms change constantly. Intermodal Data Hub has provided a great resource and process to get control and manage these costs for us and our clients.”
For a short video describing the Intermodal Data Hub, go to:
Listen to a partner testimonial at:
For more information about Intermodal Data Hub, please visit us at: www.intermodaldatahub.com.
About TRAC Intermodal
TRAC Intermodal is North America’s leading intermodal equipment provider and chassis pool manager. TRAC Intermodal provides short term rentals through an extensive chassis pool network, long term chassis leasing and pool/fleet management through the utilization of its proprietary PoolStat® information management system. TRAC Intermodal’s active fleet consists of approximately 278,000 chassis. TRAC Intermodal has a broad operating footprint with 591 marine, 159 domestic and 53 depot locations across North America and is the leader in providing chassis solutions to the intermodal industry.
About Blocking and Tackling LLC
Blocking and Tackling LLC has created a cloud-based platform called Streetturn.net with multiple collaborative services to improve the visibility and take cost out of the intermodal supply chain. It is in daily use by multiple constituents including truckers and Beneficial Cargo Owners (BCOs).
Media Contacts:
TRAC Intermodal
David Hamm
Sr. Manager, Communications
609-986-0260
dhamm@tracintermodal.com
SOURCE TRAC Intermodal