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Truckstop.com has acquired the automated onboarding and monitoring provider Registry Monitoring Insurance Services, the load board operator announced March 22.
RMIS provides services and software to the freight transportation industry aimed at carrier onboarding and insurance monitoring.
Truckstop.com sees the acquisition as solidifying its commitment to provide solutions that strengthen broker, shipper and carrier relationships along with its own safety and compliance platform SaferWatch.
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“This acquisition marries the industry’s two most-respected compliance tools, RMIS and SaferWatch,” Truckstop.com CEO Paris Cole said in a statement. “By combining our resources and expertise, we will undoubtedly bring even more value to brokers and carriers by simplifying workflow through automation — shortening critical steps to minutes rather than days.”
Truckstop.com noted that the acquisition is a significant step in giving brokers what they need to efficiently evaluate carriers for safety, industry and financial requirements. Brokers can then quickly onboard approved carriers and grow their network.
“From the start, RMIS has operated with the goal of reducing complexities and streamlining processes for our freight customers,” RMIS President Hayden Landon said in a statement. “With this acquisition, it is clear that we are better together in our pursuit of delivering best-in-class products, solutions and services to the market.”
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