BIRMINGHAM, Ala. — Anticipating a plummeting market rate for electronic data interchange, Tom McLeod Software is slashing by 50% the transaction fee for customers who use Kleinschmidt Inc.’s value-added network.
The price cut, announced by company president Tom McLeod during a speech at the company’s users conference here Sept. 23, is expected to make it easier for smaller carriers that haul only a few loads a week to implement an EDI system.
EDI is a standardized system that makes it possible for shippers and carriers to communicate electronically for load tendering, shipment status and freight billing.
Under the new fee plan, a carrier would pay $1,250 to offer each type of service to a given shipper.
For the full story, see the Sept. 27 print edition of Transport Topics. .
