IAS ChassisManager Facilitates Street-Turns

OAKLAND, CA--(Marketwired - Sep 18, 2014) -  International Asset Systems® (IAS), the leader in cloud-based solutions for intermodal transportation, announces that ChassisManager, its neutral chassis provisioning and billing platform, now enables motor carriers and ocean carriers to efficiently manage the financial and liability aspects of asset re-use or "street-turn" activity. By eliminating these impediments to optimization, IAS makes it easier for intermodal participants to reduce empty mileage, cut fuel costs and emissions, decrease congestion, and eliminate cumbersome administration.

"IAS has a long history of enabling asset optimization through re-use, interchange, match-back or street-turn, whatever term is used," said Paul Crinks, CEO of IAS. "ChassisManager's new capability is particularly critical in the new chassis market because it provides an auditable record of chassis liability transfer, as well as total billing accuracy for both parties to a street turn."

IAS ChassisManager supports two different street-turn scenarios. The first is interchange of a container and chassis "set-up" between two motor carriers, without either one entering a chassis pool start/stop location. Chassis billing and liability stops for one entity and begins for the other, eliminating empty miles and the need for rebills and other administration. The system provides complete visibility to all parties of the gate moves and other events related to the optimized chassis trip.

"After a street turn our chassis invoice is lower since billing stops the day we turned the set-up over to the other trucking company," said Roswell Ramseur of Roswell Trucking in Richmond, VA. "ChassisManager billing is more accurate and the big advantage is there is no more back and forth sorting out credits."

The second scenario involves a motor carrier re-using a set-up for two moves involving the same ocean carrier -- a "merchant haul" or BCO-controlled move on one leg and a "carrier haul" move on the other. In this case ChassisManager utilizes specific event and shipment information from the ocean carrier, matched up with the motor carrier's activity, to facilitate the transition and bill each party accordingly.

"Many times we have an import carrier haul box and chassis that we can use for an export merchant haul booking for the same ocean carrier. I'd like to re-use that set-up for the second move," said Keith Munn of Bridge Terminal Transport in Chesapeake, VA, who continued, "IAS ChassisManager's street turn capability stops billing the ocean carrier for the chassis on the import, and transfers it to me for the export. It provides a clear record of the transfer and eliminates a lot of email and admin. No one wants to return a set-up to the terminal when it can be re-used for another load."

About IAS
IAS provides greater visibility, control, and optimization of assets through a collaborative platform uniting the global trade, transportation, and logistics industry. IAS solutions, quickly implemented and immediately beneficial, can be operated as standalone web-native applications or integrated into existing transportation management systems. The IAS platform and solution portfolio create a more valuable network by enabling clients to interact seamlessly, optimizing the inland intermodal process, and lowering the cost of routine business transactions. IAS connects thousands of trading partners including leading ocean carriers, motor carriers, railroads, logistics providers, equipment lessors, repair depots, and terminals, and enables them to increase revenue, margin, and service. The IAS team of transportation experts is dedicated to providing world-class solutions and combines personal, 24/7 service worldwide with one of the intermodal industry's most comprehensive service level agreements. For more information, visit http://www.interasset.com.