Logistic Dynamics, Inc.(LDI) a Buffalo, NY based third party logistics provider specializing in freight management and freight broker related services was 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.
To qualify for this program the company must agree to abide by a strict TIA code of ethics, maintain an A credit rating, use written agreements with all parties to insure solid business practices, maintain a written carrier qualification framework and demonstrate the financial ability to secure a $100,000 surety bond.
As of October 22, 2009 only 42 third party logistics providers out of an estimated 15,000 licensed providers in the United States have been approved for this program. “This program demonstrates to our carrier partners, shipping clients and freight broker agents our commitment to them as well as the overall financial strength of Logistic Dynamics. We believe this new TIA program will help to raise the bar for the whole industry,” said Dennis Brown, the company’s CEO.
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.
About Logistic Dynamics, Inc.
Logistic Dynamics, Inc.(LDI) is a non-asset based third party logistics provider that specializes in transportation management and freight broker related services. Logistic Dynamics provides full truckload, less than truckload and rail services to a broad range of customers throughout North America by utilizing their ever expanding network of agents and carrier partners. To learn more about our services or agent program visitwww.logisticdynamics.com.
|Logistic Dynamics, Inc.|
Marketing and P.R. Coordinator
phone: 1-800-554-3734 x1315