FOR IMMEDIATE RELEASE October 21, 2010 —
Papillion, NE – BAT Logistics a third party logistics provider recently approved by Transportation Intermediaries Association (TIA) as a $100,000 Performance Certified member.
This protection provides guarantee of freight payment to carriers, shippers and other third party logistics providers in excess of the $10,000 bond required by the Federal Motor Carriers Safety Administration.
As of 2010, less than 10% of all 3pl providers have been approved for this program.
To qualify for this program the company must agree to abide by a strict TIA code of ethics, maintain an A credit rating, utilize written agreements with all parties to insure solid business practices, maintain written qualifications between carrier partners and demonstrate the ability to secure a $100,000 surety bond.
The Transportation Intermediaries Association (TIA) is the professional organization of the $162 billion third-party logistics industry. TIA is the only organization exclusively representing transportation intermediaries of all disciplines doing business in domestic and international commerce. TIA is the voice of transportation intermediaries to shippers, carriers, government officials and international organizations. TIA is the United States member of the International Federation of Freight Forwarder Associations (FIATA).To learn more about TIA, visit their website at www.tianet.org
To learn more about BAT Logistics, visit their website at www.batlogistics.com or call (800)BAT-TRUX