Aggressive Growth Strategies are in Progress for the New Year
TAMPA, FL – Dec. 17, 2013 – Pegasus TransTech announced new customer signups set a record in 2013 ,for the seventh year in a row, reinforcing its position as the leader in document management and scanning solutions for the transportation industry.
TRANSFLO scanning services continue to grow in popularity with fleets that demand instant access to proof of delivery documents. Ceva Ground, Ward Trucking, DM Bowman, Rosedale Transport, Ltd., Papineau International, and John Greene Logistics Co, are a few of the new customers reaping the benefits of fast electronic document delivery.
Fleets signing up in 2013 for TRANSFLO document management solutions included Roadrunner Transportation Systems, United World Cargo and C-Cross Transport among others.
Dozens of freight brokers and factoring companies implemented the TRANSFLO $Velocity solution in 2013 including TTS, KLLM Logistics, U.S. Xpress Logistics and Match Factors, Inc. Over 14,000 carriers use TRANSFLO $Velocity to submit invoices and proof of delivery documents to brokers to speed cash flow.
In other news this year, Pegasus TransTech named Frank Adelman as the new president and CEO when the former CEO Bob Helms retired in October. Frank joined Pegasus TransTech in 2004 and has led the company’s efforts to increase market share and drive revenue growth.
“Pegasus TransTech is proud to be a respected, trusted partner of thousands of trucking companies, freight brokers and factoring companies,” said President and CEO Adelman. “We had a significant number of successes during 2013, we believe this momentum will continue in 2014 and beyond with the aggressive growth strategy we have in place.”
In July of 2013, Pegasus TransTech introduced TRANSFLO Load Track, an easy to use GPS tracking system for smartphones that provides in-transit visibility and instant access to high-quality proof of delivery documents. TRANSFLO Load Track has proven to be the fastest growing product Pegasus TransTech has ever introduced with more than 100 accounts signed up in the first few months since the product was introduced.
Among its many accomplishments this year, Pegasus TransTech introduced multi-language kiosks as part of its popular TRANSFLO Express truck stop scanning, and upgraded the quality and performance of its products including TRANSFLO Now, TRANSFLO Mobile and TRANSFLO.
During 2013, the TRANSFLO Express truck stop scanning network expanded by 90 locations to a total of 941 locations across the United States and Canada. TRANSFLO Express is available at all Pilot, Flying J, and Love’s truck stops.
Among the products with the fastest growth rate is TRANSFLO Mobile, which enables a driver or carrier to send documents using only an iPhone or Android smart phone. Adoption of this technology increased dramatically in 2013, the number of driver and carrier downloads rapidly approaches 100,000.
“Our success in becoming the leading provider of electronic revenue cycle, document management and invoicing solutions is a testament to the value we deliver to our customers, “ Adelman said. “Our history of success and innovation, combined with state-of-art technology and a talented team of employees puts us in a strong position to fully capitalize on the growth opportunities that lie before us.”
About Pegasus TransTech
Pegasus TransTech Corporation helps transportation companies go paperless, improve operating efficiency, speed cash flow, increase profit, and drive consistent, repeatable results by strategically creating images, electronic forms, and enterprise workflow solutions.
TRANSFLO® software provides the back office solutions for document management and electronic workflow. Pegasus TransTech’s scanning products TRANSFLO Express® truck stop scanning, TRANSFLO Now!™ anywhere in-cab scanning, and TRANSFLO Mobile provide same-day access to delivery documents which speeds driver pay and the carrier’s billing cycle. TRANSFLO $Velocity is the electronic, consistent method for carriers to submit invoices and load documents to participating brokers to get paid faster. Most recently, Pegasus TransTech introduced TRANSFLO Load Track, a GPS in-transit visibility solution that enables carriers, brokers and shippers to track shipments via smartphone and tablet devices.