Skip to content
Search AI Powered

Latest Stories

Axle Announces New Integration With Tai Transportation Management Software

Axle’s latest integration automates financial workflow and streamlines data entry for customers

Axle Announces New Integration With Tai Transportation Management Software

NEW YORK––March 30, 2022––Axle, a payments automation and financing platform for freight and logistics, today announced a new integration with Tai TMS, a transportation management system for full truckload (FTL) and less-than-truckload (LTL) shipments. This integration allows freight brokers to get paid for their shipments and pay their carriers within 48 hours of delivery without any additional data entry.

“Our developer-friendly and open API makes it easy for our partners to embed Axle’s payments automation technology and financing services into their own software,” said Shawn Vo, co-founder and CTO of Axle. “Through our integration with Tai, we’ve created a seamless digital experience for freight brokers to manage the full lifecycle of their shipments, from quoting and dispatching through delivery and payment.”


Over the last decade, the freight and logistics industry has seen a proliferation in digital software tools. While these tools have increased efficiency, they have unfortunately created disparate data silos for freight brokers to maintain. Axle’s integrations are designed to reverse this negative trend by synchronizing data between systems to eliminate duplicate data entry, decrease processing times, and automate backoffice work. This allows freight brokers to focus on moving freight.

"Axle is offering a great financial services product to the freight industry,” said Sean McGillicuddy, VP of sales and marketing at Tai. “We have a number of customers using their services today and saying great things about them. It made sense to partner up and create an easy-to-use integration that makes the service accessible to our client base, through the TMS platform."

Today’s announcement marks Axle’s 4th integration in the past year and follows the release of its new carrier payments solution, Axle Wallet. For more information about Axle and its integration with Tai, visit axlepayments.com.

About Axle
Axle is a payments automation and financing platform for freight and logistics. Its proprietary technology allows freight brokers to simplify their financing operations and easily access the working capital they need to grow. Axle automates invoicing, collections, and payments - ultimately delivering a better customer experience. A remote-first company, Axle has been named a Best Place To Work by Built In.

https://www.axlepayments.com/

The Latest

More Stories

team collaborating on data with laptops

Gartner: data governance strategy is key to making AI pay off

Supply chain planning (SCP) leaders working on transformation efforts are focused on two major high-impact technology trends, including composite AI and supply chain data governance, according to a study from Gartner, Inc.

"SCP leaders are in the process of developing transformation roadmaps that will prioritize delivering on advanced decision intelligence and automated decision making," Eva Dawkins, Director Analyst in Gartner’s Supply Chain practice, said in a release. "Composite AI, which is the combined application of different AI techniques to improve learning efficiency, will drive the optimization and automation of many planning activities at scale, while supply chain data governance is the foundational key for digital transformation.”

Keep ReadingShow less

Featured

dexory robot counting warehouse inventory

Dexory raises $80 million for inventory-counting robots

The British logistics robot vendor Dexory this week said it has raised $80 million in venture funding to support an expansion of its artificial intelligence (AI) powered features, grow its global team, and accelerate the deployment of its autonomous robots.

A “significant focus” continues to be on expanding across the U.S. market, where Dexory is live with customers in seven states and last month opened a U.S. headquarters in Nashville. The Series B will also enhance development and production facilities at its UK headquarters, the firm said.

Keep ReadingShow less
container cranes and trucks at DB Schenker yard

Deutsche Bahn says sale of DB Schenker will cut debt, improve rail

German rail giant Deutsche Bahn AG yesterday said it will cut its debt and boost its focus on improving rail infrastructure thanks to its formal approval of the deal to sell its logistics subsidiary DB Schenker to the Danish transport and logistics group DSV for a total price of $16.3 billion.

Originally announced in September, the move will allow Deutsche Bahn to “fully focus on restructuring the rail infrastructure in Germany and providing climate-friendly passenger and freight transport operations in Germany and Europe,” Werner Gatzer, Chairman of the DB Supervisory Board, said in a release.

Keep ReadingShow less
containers stacked in a yard

Reinke moves from TIA to IANA in top office

Transportation industry veteran Anne Reinke will become president & CEO of trade group the Intermodal Association of North America (IANA) at the end of the year, stepping into the position from her previous post leading third party logistics (3PL) trade group the Transportation Intermediaries Association (TIA), both organizations said today.

Reinke will take her new job upon the retirement of Joni Casey at the end of the year. Casey had announced in July that she would step down after 27 years at the helm of IANA.

Keep ReadingShow less
NOAA weather map of hurricane helene

Florida braces for impact of Hurricane Helene

Serious inland flooding and widespread power outages are likely to sweep across Florida and other Southeast states in coming days with the arrival of Hurricane Helene, which is now predicted to make landfall Thursday evening along Florida’s northwest coast as a major hurricane, according to the National Oceanic and Atmospheric Administration (NOAA).

While the most catastrophic landfall impact is expected in the sparsely-population Big Bend area of Florida, it’s not only sea-front cities that are at risk. Since Helene is an “unusually large storm,” its flooding, rainfall, and high winds won’t be limited only to the Gulf Coast, but are expected to travel hundreds of miles inland, the weather service said. Heavy rainfall is expected to begin in the region even before the storm comes ashore, and the wet conditions will continue to move northward into the southern Appalachians region through Friday, dumping storm total rainfall amounts of up to 18 inches. Specifically, the major flood risk includes the urban areas around Tallahassee, metro Atlanta, and western North Carolina.

Keep ReadingShow less