Axle, a payments automation and financing platform for freight and logistics, 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 back office 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."
The announcement marks Axle’s fourth integration in the past year and follows the release of its new carrier payments solution, Axle Wallet.
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.
