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.”
