Transportation Intermediaries Association
The Voice of the Third Party Logistics industry
FOR IMMEDIATE RELEASE
Media Contact: Wally Weart
weart@tianet.org
www.tianet.org |
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RFX Is the First TIA Member to Become Performance Certified at the
$250,000 Level of The Guaranteed Payment Program
Alexandria, VA - March 18, 2010 - Transportation
Intermediaries Association (TIA) is pleased to announce to the industry
that they have certified their First Member at the $250,000 level of the
Performance Certified guaranteed payment program – RFX, Inc. Avon, MA.
Jim Morse, President of RFX, stated that “ For the past two
years, we've maintained a total surety bond of $100,000. Surprisingly,
we still come across shippers and carriers with negative opinions toward
the use of transportation brokers, so we decided to secure the $250,000
surety bond, the very best in the industry. As a “TIA $250,000
Performance Certified” member, we want the transportation public to know
they're doing business with the cream of the crop and a company that
genuinely cares about the reputation of transportation brokers.”
RFX, Inc. logistics was founded in 1987. Its sister company,
Refrigerated Food Express Inc. was founded in 1952. More than 30 regional dispatch offices
provide nationwide service - reefers, vans, and flatbeds.
TIA is hearing from its members that shippers are demanding
higher levels of bond protection which is why TIA started the
Performance Certified program. It would be very costly for a broker to
have to secure a $100,000 or higher bond for every shipper that demands
one. During these troubled economic times, shippers are very interested
in financial stability.
It is TIA's goal to continue to work with the shipping and
carrier industries to acknowledge the Performance Certified program and
its higher level of bond guarantee as the industry accepted guarantee
payment program. The program hopes to eliminate the need for individual
specialty bond requirements by shippers and carriers.
The major freight matching systems have agreed to identify
freight and truck postings from the TIA Performance Certified
participants in their systems. As a Performance Certified company, your
loads are highlighted in the systems by the Performance Certified Shield
logo, and in some cases, your loads are listed first! For parties
seeking truck capacity to move their goods, companies displaying this
logo provide an assurance of a commitment to “no hassles and no
surprises” transportation.
TIA is the professional organization of the $162 billion third
party logistics industry and is the only organization exclusively
representing transportation intermediaries of all disciplines doing
business in domestic and international commerce. We are the voice of
transportation intermediaries to shippers, carriers, government
officials, and international organizations. TIA is the U.S. member of
International Federation of Freight Forwarder Associations (FIATA). TIA
conducts an annual convention and trade show; an annual marketing
conference with leading shippers and carriers; and, provides education,
research, and services to help their members succeed.
March 2010
Please see President Jim Morse at this year's Truckload
Carriers Association Annual convention. Refrigerated Food Express Inc. was the proud recipient of a National Fleet
Safety Award for Excellence by coming in 2nd place in Division 2 with
just 1 DOT reportable accident in 8.5 million miles during 2009. We
congratulate our Safety & Compliance Department, and especially all
of the Owner Operator Contractors whose concern for safe driving made it
all possible.