The drayage management solutions providers Xenon Freight Solutions has released new technology aimed at helping shippers secure drayage rates and avoid potential penalties and costly insurance claims.
Stacy Lange, director of key accounts for Xenon FS, said the onus is on shippers to more closely manage drayage services, especially with the Federal Motor Carrier Safety Administration (FMCSA) enforcing more stringently a number of truck safety programs, including the Hours of Service (HOS) rules, the Compliance/Safety/Accountability (CSA) initiative and aspects of MAP-21.
"These initiatives and others are resulting in new regulations and requirements for measuring and monitoring truck operations,” Lange said. "As many of these rules and regulations are still in flux, it is vital to have drayage managers who are knowledgeable, experienced and fully informed. Shippers use Xenon FS because of the protection we provide as a bonded broker and because our drayage expertise enables them to avoid cargo delays, severe financial penalties and legal liability."
Xenon FS's Drayage Management solution includes a network of more than 100 pre-screened and fully compliant trucking vendors as well as an online quoting and booking tool that contains more than 3 million rates.
"We closely monitor our vendor partners to ensure that they remain on track with all insurance and compliance requirements," says Lange. "Screening drayage vendors is extremely time consuming, and it is critical for shippers to avoid putting their company at risk.”
Xenon FS also carries $1 million liability insurance, worker’s compensation coverage, and meets the new FMCSA MAP-21 freight broker requirement of a $75,000 surety bond, says Lange.
Xenon FS’s vendor network services all of the continental U.S.
"The man-hours associated with finding the right vendor, verifying compliance, establishing credit, making payments and tracking the shipment often are not evaluated as a part of the drayage cost," Lange said. "By building a solution that connects all parties in a multimodal move both electronically and operationally, we help companies reduce the time and costs of these tasks by up to 90 percent.”