Articles

Freight Payment Services

Freight Bill Payment: Meeting the Pepsi Challenge

Freight Bill Payment: Meeting the Pepsi Challenge

When Pepsi Logistics Company Inc. (PLCI) was thirsty for an automated system for billing customers, and processing and paying carrier freight bills, it whet its whistle with Epay Manager from Level One Technologies. To understand Plano, Texas-based PLCI’s thirst for automation, consider its size and scope. PLCI manages parent company PepsiCo’s private fleet, one of […]

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Richard Erickson

Best-in-Class Supply Chains Won’t Overlook Freight Payment

As a shipping professional, you play an important role in your company’s physical supply chain. But did you know your role is just as important to your company’s financial supply chain? In today’s global supply chains, encompassing multiple transportation and financial partners, all stakeholders need visibility into transactions, parameters and results of the financial supply […]

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Jerry Lucente

Is Your Freight Payment Company Equipped to Audit Your Invoices?

Businesses use freight payment companies (FPCs) to decrease internal administration costs and maintain detailed back-up information for their finance departments. They rely on FPCs to review weekly transportation invoices for accuracy and make payments on their behalf. Some companies also count on FPCs to audit their invoices. Companies can gain several benefits by partnering with […]

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Rick Erickson

Accessible Capital, Trustworthy Partners Key to Managing Freight Costs

Q: What is the key to managing freight spend in today’s environment? A: In addition to the slow growth economy, the transportation industry has been hit with significant economic and industry challenges, including increasing regulations, driver shortages, fluctuating fuel costs, and a tight credit environment. Carrier costs are going up—costs that will likely get passed […]

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Trends—October 2013 

Trends—October 2013 

Warehousing 2018: Rise of the Adaptive DC As supply chains shift their moorings and settle into new realities—the permanence of e-commerce, sustainability, risk management, total landed cost sensitivity, and demand-driven strategies—distribution centers are evolving in kind. Stock characterizations of warehousing are falling to the wayside. DCs are becoming more complex and sophisticated; so are their […]

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Cheryl Garcia

Transportation Payment—Bank on a Better Way

The definition of "carrier" is pretty straightforward: an entity that transports freight. Carriers are in the transportation business, plain and simple. Actually, not so simple. Carriers are also in the credit business. Unintentionally, to be sure, but they are. When carriers set payment terms of 45 days, they are essentially extending credit to the shipper […]

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