ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Newtrul and Tai Join Forces to Streamline Freight Broker Load Negotiations

HUNTINGTON BEACH, Calif., April 11, 2023 (GLOBE NEWSWIRE) -- Tai TMS (Tai), a fully integrated, broker platform for freight management and transportation, today announced an integration partnership with Newtrul, a dynamic platform unlocking automation and digital booking growth for mid-market brokerages.

With the integration, brokers can now create shipments and send them to Newtrul's private load board by simply updating the shipment status. From there, users can track how many quotes are received within Tai’s company loadboard and access a truckload quoting page to review quotes and accept or reject them. Without having to sift through multiple tabs, brokers can negotiate with carriers from a single page within Tai with quotes from Newtrul’s carrier network.

“Mid-market brokerages that want to grow need to have tools and tech solutions that help them achieve their goals and scale with them,” said Walter Mitchell, CEO, Tai. “Our integration with Newtrul means that brokers don’t have to negotiate with several carriers to find a suitable rate, they can reject quotes and negotiate with the same carrier in real time.”

For Newtrul, partnering with freight broker oriented TMS providers, like Tai, provides an influx of automation to brokers who traditionally operated manually in spreadsheets. Newtrul’s book now automation and carrier negotiation tools make it easier for carriers and brokers to move loads while automation within Tai TMS complements this process by saving booking steps. The single page data view within Tai saves each agent at a brokerage 11 hours a week on average.

Ed Stockman, CEO, Newtrul adds, “Newtrul aligns with the real needs of mid-market freight brokerages. By streamlining the booking process, curating a trusted carrier network, and empowering teams with automation, we’ve afforded brokers a competitive edge that is typically reserved for the top 1%. We're thrilled to welcome Tai customers to the next generation of digital freight matching.”

As automation efforts continue to ramp and scale across the industry, Tai has identified a number of partners across the industry that not only compliment Tai’s automated platform, but bring new capabilities to freight brokers. Tai’s integration with Newtrul is another step in a long-term plan to support human capital with top-level technology.

About Tai
Tai TMS is an all-in-one domestic freight management system for full truckload and LTL shipments. Tai gives freight brokers unmatched speed and scalability with automation implanted into every phase, along with direct integrations to carriers, load boards, and capacity tools.

Tai Software's core group of developers and freight industry experts has helped freight brokers scale growth for over 20 years. We are dedicated to introducing unique, envelope-pushing, instantly accessible products to the transportation management industry. We believe in perfecting our existing products and expanding only when we can meet our own highest standards. Our lean organization allows us to focus on continuous innovation to ensure our customers are always empowered with the most cutting-edge software.

About Newtrul
Newtrul is a technology company helping to increase efficiencies in the trucking industry with a digital freight-aggregation platform. For more information visit www.newtrul.com.

MEDIA CONTACT:
Tyler Thornton
LeadCoverage
tyler@leadcoverage.com

 


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.