September 3, 2019
Logistics Weekly
In this issue...

Did You Know? In the May 2019 "What Are You Reading?" survey, TIA's flagship magazine, 3PL Perspectives, was ranked #1 among brokers for printed materials. Magazine articles are written by a variety of 3PL industry leaders, including TIA members, and are the core of the magazine’s content, making it a great channel for you to extend your reach to all TIA members. Are you interested in contributing an article to 3PL Perspectives? Contact Neil Humphrey at humphrey@tianet.org for more information.

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Industry News and Advocacy

H.R. 2513, the “Corporate Transparency Act of 2019” would require applicants who form a corporation or LLC under State or Tribal laws to file a list of beneficial owners with the U.S. Dept. of Treasury’s Financial Crimes Enforcement Network (FinCEN). Existing LLCs and corporations would be required to begin filing this information annually *no sooner than 2 years after the bill becomes law,* pursuant to a rulemaking by the Secretary of the Treasury. The information collected would be: presentation of a passport with photograph, date of birth and unique identifying information like name/address for each beneficial owner.

Please take a few minutes to review the list of TIA Member Candidates for the month of September. If you have any information about why a candidate should not be accepted into membership, please contact TIA immediately. Opposition or inquiries must be submitted in writing. A copy of the inquiry will be sent to the candidate.

Click here to view the September 2019 New Members
Click here to view the September 2019 Candidates

Questions? Contact membership@tianet.org
or call 703-299-2700

H.R. 1994, the “Setting Every Community Up for Retirement Act of 2019” or the SECURE Act modifies the requirements for employer-provided retirements plans, individual retirement accounts (IRAs) and other tax-favored savings accounts. As you can imagine with any piece of legislation dealing with tax issues, it is extremely complex and confusing.

A bill is making its way through the California State Legislature that would make it a lot harder for companies to label workers as independent contractors instead of employees. The bill has passed the State Assembly and now resides in the State Senate. The California bill, known as AB5, expands a groundbreaking California Supreme Court decision last year known as Dynamex.

TIA is seeking young professionals to join our Young Executives Committee. Historically, the Young Executives Committee exclusively held an annual lunch event at the April Conference, and no formal activities ensued until the next year. But with the increasing number of young professionals joining the 3PL industry, the moment is ripe to formalize the committee and provide our members with a platform for networking and information sharing with the next generation of leaders within TIA. 

TIA has partnered with the Addiction Policy Forum, a national nonprofit, to address substance use disorders in the workplace. The partnership will allow you and your employees a confidential, app-based counseling service – free of charge. We are passionate about beginning work on this initiative to help our members help employees in need.

Descartes
TriumphPay Repeats Demo Day 'Best in Show'
Triumph Business Capital
TriumphPay’s Jordan Graft and Melissa Forman showcased where the future of payments is headed at Transparency19 in Atlanta this May. Carriers and brokers can look forward to many new features from TriumphPay coming soon.
Watch the demo here.
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Registry Monitoring Insurance Svcs., Inc.

Exhibit booth reservation requests for the 2020 TIA Capital Ideas and Exhibition can be made here. If you have questions, contact meetings@tianet.org.

 
Brokers Seeing Higher Margins Due To Technology Investment
InMotion Global, Inc.
It now appears the evidence is overwhelming. Brokers and 3PL’s leveraging new technology are raising their margins and lowering costs faster than those that don’t. In fact, 96% of brokers now say that technology like AscendTMS, TriumphPay, Smart Capacity, and Cargo Chief’s new human-like robot called Booking Assistant are helping to quickly eliminate labor costs and raise profit margins. Moreover, the right technology, when used properly, is clearly crowning the winners in the brokerage space.
Read More.
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Education

Learn the basics of contracts from two experts, James Lee and Ron Usem. Ideal for new brokers or new employees, this member-benefit webinar will give you a step by step walkthrough of TIA’s Broker/Carrier contract and TIA’s Broker/Shipper contract, with ample time at the end of the webinar for any questions you may have.

Wednesday, September 4, 2019
2-3 PM EST
Presented by James Lee and Ron Usem

 Learn more...

Why is it that culture is the defining aspect of any transportation company? Join Joel McGinley as he describes why "culture eats strategy for breakfast" and how you as an owner or manager of your business can harness the power of culture to propel your business forward.

Day 1 - Why culture is always more important than strategy
Day 2- How to develop a strong culture
Day 3- Maintaining and developing a performance-based culture

September 17-19, 2019
2-3 PM EST each day
Presented by Joel McGinley

Learn More...

 

Infinity Software Solutions, Inc.
TriumphPay

In this wide-ranging talk Noël Perry, TIA Chief Economist will present his forecast for industry conditions in 2020, to include the chance of recession and the effects of regulatory changes, including the FMCSA's latest proposals for Hours of Service. As usual, Noël will also touch on the wider context of transportation with special attention to the first signs of the radical technical changes that will affect all of our businesses over the next 10 years - and beyond! CLICK HERE TO REGISTER

  

Special $225 Savings for TIA Members. The New Employee Package evaluates and makes your employees better. It Includes: New Employee Orientation, and The New Hire Assessment OR The Performance Predictor Assessment. Are you ready to stand out? Start your employees off on the right track and demonstrate your company’s commitment to success. 

Meetings

ACT NOW for Early Bird Registration for 3PL Technovations Conference! If you're looking to stay at the forefront of leading data technologies and make smarter, more informed decisions for your business, you won't want to miss this event and neither will your employees! Gain insights on blockchain, freight matching, economic shifts and more. We know you have options. Choose a technology meeting geared toward 3PLs and take control of the technology changes affecting your business. 

Register Today...

 Thank you to our 2019 Technovators 

   
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TIA Services - Discounted Business Solutions

The Member Resource Library is a collection of guidelines and frameworks, contracts, legal cases and other resources to provide TIA Members with a knowledge bank for 3PL success.

You must be logged into the TIA website to access this library. Contact a member of TIA staff at (703) 299-5700 if you need assistance.