United Perishable Logistics secures a $250,000 Broker Bond with ITS Financial Services, LLC
New Plymouth, Idaho – October 30, 2012- United Perishable Logistics (UPL) is pleased to announce the addition of a $250,000 broker’s surety bond provided through ITS Financial Services, LLC. This bond is in advance and well in excess of the 75K mandate currently scheduled to go into effect October 1, 2013 for all Brokers and Freight Forwarders. This action will provide UPL’s Shipper customers and Carrier clients additional financial security, as well as, demonstrating the financial strength of this rapidly growing freight brokerage.
“UPL secured the bond to lift the bar within the brokerage community and express our strong commitment to small and large trucking fleets alike, that our interests are aligned in ensuring prompt and accurate payment. Furthermore, this action is a demonstration of our confidence in the ITS bond and credit program as it works to protect the integrity of the freight industry,” says Steve Martori – Managing Member – United Perishable Logistics.
ITS Financial Services, LLC (ITSFS) is an affiliate of Internet Truckstop® providing bonding options for truckstop.com members. ITSFS also manages the Diamond Broker Program. Through this program ITSFS advertises the credit worthiness, the quality and size, as well as, the current status of a member’s bond to the 800,000 trucks using Internet Truckstop.
“The industry is well aware Diamond Broker members consistently meet and exceed industry standards. UPL’s action is another fine example. ITSFS is very pleased to provide this option, as well as, adverting this to all truckstop.com subscribers,” says Joe Foxall, CFO-ITS Financial Services, LLC
About United Perishable Logistics
United Perishable Logistics is a freight brokerage company specializing in third party transportation of refrigerated goods throughout the United States and Canada. Our 20 years of experience has taught us that trust and reliability are characteristics that cannot be compromised. UPL is dedicated to maintaining the highest business, credit and financial ratings in the industry which has earned us an outstanding reputation with both our carriers and customers.
About Diamond Broker Program
Participating members receive a diamond designation attached to every load they post with Internet Truckstop. The Diamond Broker quickly delivers valuable assurances to Carriers regarding credit, performance history and the quality of their bond. In addition to these competitive advantages the Diamond Broker receives experienced support to protect their bond, their credit score and their good name.
About Internet Truckstop
Founded in 1995, Internet Truckstop is the first and largest freight matching service on the web. Internet Truckstop offers more tools than any other freight matching service available. These easy-to-use tools, the largest freight database, and a commitment to the transportation industry make Internet Truckstop the leader in Internet freight matching.
For more information contact Steve Martori at 480-225-2444 or ITS Financial Services at 866-812-9675