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TrueTMS and 123Loadboard Partner to Expand Load Availability and Provide Increased Freight to Their Carrier Network

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TrueTMS and 123Loadboard Partner to Expand Load Availability for Carriers

TrueTMS, a SaaS-based transportation management system for small fleet owners, has announced a partnership with freight matching platform 123Loadboard. This collaboration aims to provide TrueTMS users with access to 123Loadboard's freight marketplace, allowing them to find and book more loads to strengthen their operations.

Enhanced Load Availability and Tools

TrueTMS carrier members will now have the ability to search, place bids, and seamlessly book loads for their equipment through 123Loadboard's platform. They will also benefit from real-time visibility of current lane rates and access multiple automated pricing tools to aid in negotiations with brokers. Additionally, carrier members can utilize the profit calculator to forecast load income and access services like truck mileage, routing, credit ratings, and document management within the freight platform.

Benefits for Small Fleet Owners

The partnership between TrueTMS and 123Loadboard aims to enhance the benefits for small fleet owners. By providing access to a wider range of loads and user-friendly transaction tools, TrueTMS aims to help small fleet members manage their businesses more efficiently and negotiate more lucrative deals. The expanded carrier base from TrueTMS fleet members will also increase capacity for brokers, allowing them to have a wider selection of verified carriers to choose from.
Flexibility and Growth Opportunities
The collaboration between TrueTMS and 123Loadboard offers TrueTMS fleet owners more flexibility to run additional lanes and grow their businesses. With an increased availability of freight, fleet owners can utilize the integrated Load Search feature and other back-office technology and tools provided by TrueTMS to find and book the best loads, ultimately managing their businesses more efficiently and effectively. This partnership aims to provide small fleet owners with the resources and opportunities they need to succeed in the transportation industry.

Implications for New Businesses in the Freight Industry

The partnership between TrueTMS and 123Loadboard could have significant implications for new businesses in the freight industry. By providing access to a wider range of loads and user-friendly transaction tools, this collaboration could offer new businesses the opportunity to strengthen their operations and negotiate more lucrative deals.

Enhanced Efficiency and Profitability

The ability to seamlessly book loads, access real-time visibility of current lane rates, and utilize automated pricing tools could greatly enhance operational efficiency for new businesses. Furthermore, the ability to forecast load income using the profit calculator could help these businesses to maximize their profitability.
Opportunities for Growth
The increased availability of freight and the flexibility to run additional lanes could provide new businesses with significant opportunities for growth. By utilizing the integrated Load Search feature and other back-office technology and tools provided by TrueTMS, new businesses could find and book the best loads, ultimately managing their businesses more efficiently and effectively. This partnership underscores the importance of strategic collaborations in providing businesses with the resources and opportunities they need to succeed in the competitive freight industry.
Story First Published at: https://financialpost.com/pmn/business-wire-news-releases-pmn/truetms-and-123loadboard-join-forces-to-provide-their-network-of-carriers-with-expanded-load-availability-through-increased-freight
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