Transport Exchange Group has introduced a new booking chain solution for Haulage Exchange and Courier Exchange to provide member businesses with an improved means of managing and updating the status of loads when they carry out work on each other’s behalf. Members are now able to better monitor the complete lifecycle of inter-company transactions by automatically sharing key details with their trading partners in order to save time and money, improve confidence levels as well as boosting operational performance.
With the new feature companies can quickly allocate jobs to another member or even a regular sub-contractor. The solution simplifies and enhances booking processes via the freight trading platform by providing added functionality to manage the flow of order, status and proof of delivery information to relevant stakeholders.
The information can also now be integrated into any existing TMS used by member companies through a new API.
Automatic updates can now be set up for any booking – these are circulated throughout the booking chain so that all involved parties have complete visibility of a current job status. These updates can be sent as event-driven emails, at a frequency specified by both the supplier and sub-contractor, to communicate relevant information including current vehicle and consignment location, for the duration of any individual booking.
Transport Exchange Group’s Managing Director, Lyall Cresswell commented: “Our freight trading platform is designed to be fast, flexible and responsive to offer unrivalled simplicity and ease of use to our 6,000 members that are responsible for trading some 700,000 movements per annum. We are continually looking to develop clever and intuitive tools, so they can quickly and efficiently share information to effectively develop trusted networks, boost operational efficiency and increase profitability. Moreover, integrations with complementary third-party systems, such as vehicle tracking and transport management solutions, is making it easier than ever before to work with our freight trading platform.”