The world is quick to blame inflation for the rising prices at grocery stores and retailers.
Due to inflation, larger transportation companies are also losing 3% or more of their invoice values when waiting over 60 days to get paid by shippers.
These costs create higher freight rates, and the excesses ultimately trickle down to every household and consumer.
By taking settlement via TCS, and being able to sell in a matter of minutes, carriers avoid both factoring costs and crypto volatility.
Regarding the company’s adoption, CEO Todd Ziegler shared: “TCS already has truckers involved in the beta, and we were just approached by two more large strategics.
Material is provided in partnership with TCS
Source: Cointelegraph