The Transportation Services unit of First Advantage Corp., a global risk mitigation and business solutions provider, recently announced that it has enhanced its CompuNet credit report, a business credit report detailing payment practices of transportation brokers and shippers, offered to trucking companies nationwide.
The enhancement automatically searches and retrieves motor carrier information from the Department of Transportation when additional information is needed to identify the carrier. This enhancement improves the results of the subsequent business credit report, First Advantage says.
Clients often seek to order a CompuNet credit report when only a company’s motor carrier number is known. Previously, such a request often would not yield results when there was no exact match in the CompuNet credit database. With the DOT data enhancement, the credit reporting process begins with a search of the CompuNet credit database, and if the MC number fails to yield results, associated motor carrier information is retrieved from DOT’s Surface Transportation Board.
“The trucking industry relies on the First Advantage CompuNet credit report to help make informed decisions about extending credit,” says Billie Lee, Transportation Services division president for St. Petersburg, Fla.-based First Advantage. “We constantly strive to improve our data and match criteria in order to help our clients succeed. Clients rely on our credit tools to make important financial decisions every day. The DOT data enhancement improves our ability to deliver the information that trucking professionals need.”