Joint venture streamlines billing for carriers

Feb. 18, 2016
Trac Intermodal and Gary Chilo formed a joint venture to reinvent the chassis invoice billing process with the introduction of Intermodal Data Hub.

Trac Intermodal and Gary Chilo, the founder of Blocking and Tackling, announced they have formed a joint venture to reinvent the chassis invoice billing process with the introduction of Intermodal Data Hub. 

Intermodal Data Hub automates the chassis billing and reconciliation process between motor carriers and intermodal equipment providers (IEP). “The Intermodal Data Hub platform is a cloud-based Software as a Service (SaaS) that simplifies billing operations, increases efficiency, boosts chassis margins for the motor carrier, enhances data visibility and improves collaboration across the intermodal supply chain,” according to the company.

Intermodal Data Hub applies business rules and software capabilities to provide a reconciliation of all IEP invoices against billing data imported from the motor carrier’s Transportation Management Systems (TMS).  In addition, Intermodal Data Hub uncovers profit opportunities by identifying charges from the IEP that have not been invoiced or reconciled between carriers and IEPs, the company said.  Intermodal Data Hub subscribers are provided with a dashboard view of their billing operations and overall profitability. 

“We now have control of our chassis billing and payments,” says Michael Burton, President of C&K Trucking, an intermodal logistics and trucking company based in Chicago. “In implementing Intermodal Data Hub, we have lowered our administrative costs, improved our accuracy of invoicing, and gained visibility and control that we had not had previously.  When you multiply the number of pools we are involved with, with the number of steamship lines, the number of special contracts with BCO’s, and the various billing formats, it gets pretty complex. Not to mention that these terms change constantly. Intermodal Data Hub has provided a great resource and process to get control and manage these costs for us and our clients.”

Sponsored Recommendations

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!