Clearing

Clearing

Like a stock or commodities exchange, TNX Logistics runs a clearing house to simplify the clearing of transport jobs. We aggregate and issue payment remittances and invoices, taking credit risk and allowing differing payment terms.

Carriers can be paid faster (typically seven days after delivery), while the 4PL or 3PL extends payment if desired. The goal is to allow the 4PL or 3PL to optimise working capital.

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