Automated lumper payments Archives - Maritime Shipping News

Digital payments provider Relay partners with Old Dominion

23 March 2021

Relay Payments partners with Old Dominion Freight Line

Electronic payments processing provider Relay Payments has entered into an agreement with less-than-truckload carrier Old Dominion Freight Line (NASDAQ: ODFL) to streamline payments for its more than 10,000 drivers as well as its customers.

Relay’s platform will automate the payment process for Old Dominion, digitizing reimbursements and eliminating paper receipts. The Tuesday press release said the agreement will also cover the 800 new drivers the carrier is adding to its network.

“Working with...

https://s29755.pcdn.co/news/digital-payments-provider-relay-inks-deal-with-old-dominion

Convoy’s innovation recognized with No. 3 ranking on FreightTech 25

19 December 2020

For the third straight year, Convoy has landed in the top four on FreightWaves’ annual FreightTech 25 list of disruptive and innovative companies in the freight ecosystem.

After landing at No. 4 on the inaugural 2019 list, Convoy has landed at No. 3 two years in a row. Amazon has garnered the top spot all three years of the list.

The FreightTech awards nominations are narrowed down to the FreightTech 100, which is then voted on by a handpicked peer group of CEOs, industry leaders and investors...

https://s29755.pcdn.co/news/convoys-innovation-recognized-with-no-3-ranking-on-freighttech-25

Convoy offers factoring at 0% rate; fuel card with 63 cents per gallon average savings

11 August 2020

Carriers moving Convoy loads can now access same-day or next-day payment at a rate of 0% through the new Convoy Factoring program. Non-Convoy loads are also eligible at a rate of between 1% and 2.99%, the company said.

Convoy has also launched a fuel card that it said will save carriers an average of 63 cents per gallon.

“Driving a truck is one of the most important jobs across our nation. Yet the vast majority of carriers are forced to pay thousands of dollars annually just to get the money...

https://www.freightwaves.com/news/convoy-offers-factoring-at-0-rate-fuel-card-with-63-cents-per-gallon-average-savings