Transport Exchange Group Launches New Booking Chain Solution

21 August, 2014: Transport Exchange Group has enhanced the booking chain solution for its top freight exchanges — Haulage Exchange and Courier Exchange. The member businesses have are now able to take advantage of an improved system for organising and reporting on the status of loads that they are transporting for fellow members. As a result, hauliers, couriers and logistics operators using the UK’s largest and fastest growing freight exchange and trading platform to better supervise the cycle of inter-company transactions. 

The new features enable companies to quickly allocate jobs to another member or even a regular sub-contractor. The solution simplifies and enhances booking processes via the freight exchange 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. 

Meanwhile, 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 to all freight exchange members, 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. 

Lyall Cresswell, Managing Director of Transport Exchange Group 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 for freight exchange members. 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.” 

About Haulage Exchange: 

Haulage Exchange is an online trading platform which aims to connect truckers with empty vehicles (often on return journeys) to contractors with loads that need to be delivered. Learn more about them at www.haulageexchange.co.uk/ 

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