LMTS, a full-service broker and third-party logistics provider, announced that it has implemented Transflo Express truckstop scanning and Transflo Velocity from Pegasus TransTech to transmit transportation documents electronically between carriers, freight brokers and 3PLs.
Using Transflo Express, drivers visit any of the more than 850 participating truckstops and hand-deliver documents to a cashier for scanning; in seconds, these documents are delivered electronically to a carrier or freight broker’s corporate office for quicker billing and payroll processing, speeding paperwork, reducing days-sales-outstanding and increasing cash flow.
Transflo Velocity is designed to offer freight brokers an easier, more consistent method of receiving and processing invoices and load documents from carriers. A carrier downloads a free piece of software from www.transflovelocity.com designed to enable a carrier to capture and transmit documents and data electronically in a single transaction, saving time and money while increasing operating efficiencies for both parties.
LMTS is based in Raleigh, N.C. with offices in Arizona, California, Florida and South Carolina. The company dates back to 1977 when it incorporated as L&M Transportation Services to broker loads of produce on the East Coast. “Produce is still about 70 percent of our volume, but we do dry freight, LTL and third-party logistics as well,” says Doug Stoiber, vice president of produce operations.
LMTS and sister company LMTS Plus offers a menu of 3PL services, including truckload consolidation. The company adopted Transflo Express and Transflo Velocity during a recent period of strategic planning. “One of the challenges we gave ourselves was finding a way to become more valuable for our carriers by getting them their money faster, so Transflo Express and Transflo Velocity were a good fit for us,” Stoiber says.
LMTS has posted a page on its Website to tell carriers of the benefits they’ll derive from Transflo Express and Transflo Velocity (www.lmts.com/carriers/transflo), both of which LMTS offers to carriers at no charge. “We challenge each one of our dispatchers when he dispatches a load to make sure the carrier knows how Transflo works, how easy it is and what the carrier’s options are as far as from truckstops, from their PCs or from their home offices,” Stoiber says.
“We’re very pleased that LMTS and its carriers are beginning to reap the benefits of Transflo Express and Velocity,” says Bob Helms, chairman and chief executive officer for Pegasus TransTech. “We’re proud that a forward-looking company like LMTS has adopted both of them for more profitable operations.”