Does anyone have any experiences with this company in regards to payment terms? The delivering carrier should always maintain originals (I believe there is actualy some regulation regarding this as well to avoid tampering of documents by a carrier should MTO/DOT come in for an audit), and we are in the 21st Century, so not accepting email receipt of documents is simply a stall tactic in my books, and would like to know from others that work with these guys just how quick they actually pay...there are several ways to verify the carrier you contract to move shipments did not double broker your load without receiving the originals (have your shipper/receiver contact verify the carrier name), or if it cleared the border verify the pars or paps # with the customs broker actually has an entry linked to it)
Trans Inter Logistik, Laval, PQ
- Thread starter GSTRUCKS
- Start date
30
We had a case that a carrier double brokered a load and put their pars sticker over the other carriers, only problem was it came into our warehouse so we had a copy of the original doc's. Here's the kicker we reported them to Canada Customs and they did not care 1 little bit. As far as mail goes we try and not deal with anyone that needs invoices by mail because it is either a delay tactic or actually really no other reason. I'm not saying we do not mail but it is a determining factor with some companies as well as this site.
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I agree that TRANS INTER should not receive the original pods until the carrier is paid. But what do you do when they demand that you only mail the original pod and inoice, and they would not accept me couriering the documents to them? What would i do?
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I had never heard of such a policy either. But TRANS INTER only accepts the invoice and the pod by mail....not even courier. But thats not the issue only. Who takes a 5 percent discount after 41 days?
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Well, I guess until we hear from "operations" with an explanation of their company policy regarding quick pay, we'll never know. Again, if they are doing this on a regular basis with more than just one supplier, it does seem "shifty" to say the least.
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I think he mentioned their policy. They only accept documents by mail. Clearly a stalling tactic. And to deduct 5 percent for 41 days is not acceptable. thanks LOADERS!
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I appreciate your thanks, but again, I am only basing my opinions on the limited information provided by both you and "operations". If "operations" has more information to offer regarding this dispute, I'm sure we would all like to hear it. From past experience, anytime a member feels that they have been wronged by another member on this site, they are usually very quick to provide some factual information to dispute the charges leveled against them. I know I would be if someone was spreading false or misleading information about my firm.
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Just a little side note. It is imperative that carriers keep all original copies of custom documents with the stamps. BOLs etc, well that's up to you. Every once in a while we have a customer who requires original documents. They get the original receiver signature BUT we retain the original custom documents. I always Fax a copy of invoice etc before I put it in the mail. Not sure it's a stalling tactic when they require original documents. I think it's more their customer who requires it. Of course, this is our experience with this. As far as putting their on pars sticker... how is the customer suppose to be able to confirm the load has been released, or more important, prove to Canadian customs that it has been released, if they don't have the real pars number?
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In this case, the load was within Canada. And all for the substantial amount of 625,00, minus the 41 days quick pay discount they took of 5 percent.
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We should all be emailing invoices and PODs now.. this is 2016. Here's what often happens (Example).. load picks up on January 20... delivers January 23.. invoice created on February 9.. invoice mailed February 15.. Broker receives invoice February 20 and mails payment February 20 Carrier receives payment on February 26. Net days to pay: 37 days. So even if the broker mails his/her payment the same day as the invoice was received it shows them at 37 days to pay.. And sending an email is $.85 cents to $1.20 cheaper than snail mail too.. faster and cheaper.
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Absolutely! Most, if not all accounting software systems make it very easy to generate an invoice, scan the appropriate B/L or other documents, and e-mail it directly to the customer. Cash flow is of the utmost importance to any company, broker or carrier, so doing anything and everything you can to speed up the process of getting your money, is a no-brainer. I guess the other side of that coin is, doing everything you can to slow down the issuing of cheques to your suppliers, thereby holding on to your cash for as long as possible. Perhaps requiring all invoices to go via Canada Post falls into that category. Taking a"quick pay" discount after 40+ days (or anything after approx. 7) is akin to rubbing salt in an open wound.
Quick Pay means just that, payment within 24 hours direct deposit is Quick Pay. Anything else is just scimming
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They told our collector they pay in 5 days. They neglected to tell us its 5 days from the time they receive the paperwork by Canada Post Mail only. They then are supposed to pay 5 days from then they day, but again they only mail the payment by mail. And if Canada Post doe s not deliver, or, Trans Inter doesn't admit to receiving the documents, they delay again. In our case, it took 41 days to receive the Quick Pay, and they had the audacity to deduct 5 points for the Quick payment. ACCOUNT CLOSED!
