Following are some of the major tools and technologies used by Brokerages to detect and monitor carrier activity and compliance.
These tools are integrated with FMCSA’s database and several third party services including ELDs.
Benefits of Monitoring Tool compared to Old school Carrier Packet
For Carrier, these tool bring the east of filling packet or connect with new broker in smallest possible time with most accuracy.
For example, if a carrier will have to fill a Broker Carrier Agreement form in PDF format,
- It will take time to complete the packet
- There are chances of unauthorized use or manipulation of data.
- There will be data repetition and chances of getting into long process due to different set of parameter for different brokerage companies.
- But if Brokerage is using Onboarding tool, Carrier can fill the packet quickly and only authorized person can fill that.
- Also, they will know if the result of their connection immediately.
Similarly, for Broker, if a carrier has sent PDF form or form from website or so, they still have to go through each and every parameter company has set and there are chances of human error.
- They may skip some crucial compliance checklist intentionally or unintentionally and this can cause huge trouble.
- Also, it will take time to go and verify each and every details submitted.
- He may need to go back and forth with carrier to complete the documents.
- But if the company is using Onboarding tools, as soon as carrier starts filling the packet, the preset rules will start working and give decision and carriers rating as soon as the packet is filled.
This saves a lot of time and possible risk.
Major Tools and Their Introduction
RMIS – Registry Monitoring Insurance Services
RMIS (Registry Monitoring Insurance Services) is a well-known carrier onboarding and compliance management tool, widely used by freight brokers and 3PLs.
It helps streamline the onboarding process by automating document collection, verifying insurance, and ensuring compliance with regulatory requirements.
Brokers can customize onboarding workflows (set their own rules like Age of Authority, Inspection Count, Safety Score, Insurance Limits and other multiple) to match their business rules. This reduces manual effort to verify things and and minimizing risk of human error.
Also, by integrating seamlessly with TMS platforms, RMIS allows brokers to quickly onboard carriers while staying updated on real-time compliance status. Even they have capability to send notifications and updates inside TMS directly incase of something changes with carrier.
Highway
Highway is an advanced carrier verification platform designed to enhance security and prevent fraud in the freight industry. It is relatively new in the market and growing very fast. Some of the major broker’s are switching to Highway due to its enhanced capability of custom workflow and better fraud prevention.
It goes beyond basic compliance checks by verifying carrier identity and detecting dispatch services operating under false identities.
By leveraging real-time data and proprietary technology, Highway helps brokers ensure they are working with legitimate carriers, reducing the chances of double brokering and fraud.
The platform’s user-friendly interface makes it easy for brokers to onboard and monitor carriers with confidence.
MyCarrierPacket
MyCarrierPacket simplifies the carrier onboarding experience by providing brokers with a centralized and automated system to manage new carrier relationships.
The platform enables carriers to submit their information through a self-service portal, reducing the time brokers spend on manual data entry and verification.
It also integrates with various TMS solutions, ensuring that compliance and safety data remain up to date.
MyCarrierPacket is designed to enhance efficiency while maintaining a seamless and professional experience for both brokers and carriers.
SaferWatch
SaferWatch, a product by Truckstop, is a widely trusted carrier monitoring solution that helps brokers maintain compliance and mitigate risk.
It continuously tracks carrier credentials, including insurance, authority status, and safety ratings, ensuring brokers only work with qualified and reliable carriers.
The platform provides real-time alerts and customizable compliance filters, allowing users to tailor monitoring based on their specific needs.
With its automated features and deep industry integration, SaferWatch makes it easier for brokers to keep their carrier network secure and compliant.
Some other tools and their details
| Service Name | User Base & Popularity | Pricing | Ease of Use |
|---|---|---|---|
| RMIS Carrier Onboarding by Truckstop | Widely used among brokers for efficient carrier onboarding and compliance management. | Lite Plan starts at $340; Premium Plan pricing available upon request. | Automates onboarding with customizable business rules and integrates seamlessly with TMS platforms. (truckstop.com) |
| SaferWatch by Truckstop | Trusted by brokers for carrier compliance and monitoring. | Guardian Plan starts at $85.50/month; Assure Plan starts at $215/month. | Provides automatic monitoring, customizable email alerts, and TMS integration. |
| DAT OnBoard | Integrated with DAT’s suite of services, popular among brokers for carrier onboarding. | Pricing details available upon request. | Eliminates paperwork with online onboarding, electronic contract signing, and customizable onboarding pages. (dat.com) |
| Highway | Gaining traction for its focus on carrier identity verification and fraud prevention. | Pricing details available upon request. | Onboards carriers quickly with rightful owner validation and dispatch service detection, reducing fraud and friction. (highway.com) |
| Carrier411 | Over 3,000 freight brokers and shippers use it daily, including 97 of the top 100 brokers. | Starts at $99/month. | Offers comprehensive data on carriers, including safety ratings, insurance status, and authority information, with user-friendly search and monitoring features. (carrier411.com) |
| BrokerCarrier | Used by brokers seeking efficient carrier onboarding solutions. | Pricing details available upon request. | Saves time by providing carriers with a link for onboarding, eliminating manual processes. (brokercarrier.com) |
| MyCarrierPortal | Utilized by brokers for streamlined carrier onboarding and monitoring. | Pricing details available upon request. | Offers onboarding and monitoring systems to identify potential risks and ensure regulatory compliance. (mycarrierportal.com) |
| DDC FPO Carrier Onboarding | Adopted by brokers aiming to build competitive carrier networks. | Pricing details available upon request. | Provides a scalable and customizable approach to securing new shipping partners, improving speed and productivity. (ddcfpo.com) |
In this article, we tried to share brief introduction to Carrier Monitoring and Onboarding tools. We also shared some of the major tools used by brokerage industry.
See you in the next post, meanwhile, stay tuned and do not forget to give your valuable feedback about the content you just read. Thank you.
