SCHNEIDER RENAMES TRANZACT PAYMENT SERVICES
Schneider Logistics Inc. will change the name of its freight payment company, Tranzact Payment Services, to Schneider Logistics Payment Services.
Schneider Logistics Payment Services manages the flow of funds through a company's supply chain and provides a platform for transactions. The service processes 75 percent of its freight bill volume in the Electronic Data Interchange (EDI) environment.
Schneider Logistics is a provider of technology-based logistics services that manage information, material and fund flows through the supply chain.