Con-Way Multimodal launches new payment program

Con-Way Multimodal launches new payment program Portland, Ore.-based Con-way Multimodal, the national truckload brokerage division of Menlo Worldwide Logistics, has launched an enhanced payment program, including various scheduling and electronic payment options for carriers.
   The QuickPay program enables carriers to receive payments through direct deposit, paper check or electronic funds transfer, the company said in a press release Tuesday. Under the program, immediate pay is available for a 3 percent processing fee, and seven-day pay for a 2 percent fee. There is no charge for the standard 30-day pay schedule.
   'In difficult economic times, it’s more important than ever to offer carriers flexible compensation options that will help them manage their cash flow and administrative needs most effectively,” said Tyler Ellison, president of Con-way Multimodal.
   To participate in the program, carriers must complete and submit a registration form indicating payment preference. Payments will be processed upon load delivery and receipt of required paperwork.
   For additional details, or to request a registration packet, carriers can contact Con-way Multimodal's Rick Grima at (734) 757-2112.
   In August, Menlo Worldwide parent Con-way Inc. formally relaunched its truckload brokerage operation, previously known as Con-way Truckload Services, as Con-way Multimodal.