FAQ
What exactly is TLDLIM?
Tiemac Long Distance Load Interchange Marketplace (TLDLIM) provides independent fleets a way to work together to double weekly tractor utilization rate based on individual carrier negotiated tender rates with their existing brokers/shippers. This increases efficiencies and profitability along lanes.
As a carrier what are the basic requirements to participate in TLDLIM?
1. Provide your MC and DOT numbers to begin registration. 2. Supply your company contact information.3. Complete the Carrier Profile.4. Read and ACCEPT the Agreement(s).5. Provide a Certificate of Insurance that meets the insurance minimum requirements below. Certificates must be submitted from your insurance producer (agent)a. $100,000 Cargo Coverageb. $50,000 Trailer Interchange Coveragec. $1,000,000 Auto Coverage If RMIS does not already have a copy of your certificate on file, we will request one for you from your insurance agent (producer). 6. You will be required to meet the following requirements: a. Active Common or Contract Authority. b. Safety Rating must be Satisfactory or None. c. Authority active for at least 30 days
I am an owner operator without an Authority can I still participate in TLDLIM?
Yes, you may but there are additional requirements that must be met.
As a participating carrier what are the cost involved?
There is no registration fee. However, you will need to pay for the equipment we will provide you to install in your trucks. We charge a commission on each paired load we provide a participating carrier. We also charge a nominal subscription fee per month for each participating truck.
Do you provide loads to pair up or does each participating carrier provide their own loads for pairing up?
We do both. In some cases, we may provide the loads to the participating carriers on a paired load. Carriers are also allowed to bring their negotiated loads to the TLDLIM. However, in this case when a carrier brings the load, the carrier must have Tiemac be the factoring company on file for the specific load being paired.
When and how do I know with whom my truck is paired with on a load?
The TLDLIM platform will timely electronically provide all the details related to a load and with whom a load is paired. The Tiemac ELD software provided to each driver will provide the paired drivers with instructions as to where (location address) on a given lane to meet up and exchange loaded trailers for a specific set of paired loads. Once the loaded trailers are exchanged the TLDLIM platform will keep track of the exchange and maintain the appropriate documentation such that the driver with the load may successfully complete delivery of the load to the receiver.
What happens when a paired truck fails to meet up with is pairing carrier to complete the load relay?
Tiemac will provide either a replacement carrier for the paired load or Tiemac will use its own trucks to complete the original paired load
For each paired load, how do you handle the tailer interchange for power unit only or if I own my own trailer?
For carriers running Power Unit only regardless of which enterprise broker/shipper the load belongs to we will pair up a carrier with another Power Unit only carrier regardless of the enterprise broker/shipper on the paired loads.
For carriers owning their own trailers we only pair carriers with similar equipment types on loads. Therefore, if you are a refrigerator carrier, we will pair you with another refrigerator carrier on a given load pair set. Similarly, if you are a dry van carrier, we will pair you with another dry van carrier. If you are a flatbed carrier, we will only pair you with another flatbed carrier on a given paired load set. Another requirement for carriers owning their trailers is that each carrier has to agree to two sets of paired loads in a cycle in order to guarantee the trailer is returned to the original carrier.What happens when the trailer my truck is hauling gets damaged or needs repair while carrying a load?
All carriers must have trailer interchange insurance and have Tiemac Logistics listed as an insured on the policy.
For a carrier running a Power Unit only load and has interchanged a trailer with another Power Unit only carrier, if the trailer needs routine repair work (tire blown, brake issues, etc.,) your driver is to call the owner of the trailer to get the routine repair work done. However, if the trailer gets damaged by the carrier with the load at any given time, the trailer interchange and physical damage insurance coverages of the carrying carrier will cover the damage.
For carriers owning their own trailers and has interchanged a trailer with carrier, if the trailer needs routine repair work (tire blown, brake issues, etc.,) the load carrying carrier driver is to call the owner of the trailer to get the routine repair work done. However, if the trailer gets damaged by the carrier with the load at any given time, the trailer interchange and physical damage insurance coverages of the load carrying carrier will cover the damage.
In both cases, Tiemac will provide carrier support assistance as needed.As a carrier does my truck really drive less mile to earn the same amount based on the accepted tender rate?
The goal of TLDLIM is to provide greater utilization per truck in any given week while cutting driving radius in half per paired load. Therefore, in any given week, a truck may cover the same number of miles for the same tender rate per load. However, because the TLDLIM cuts the driving time per truck per paired load in half the time, we are able to have your truck turn around at least 2 times per week for each approximately 1200-mile load run on the same lane. This doubles the truck revenue per week while covering the same number of miles per load.
How does TLDLIM calculate the bottom-line payout to a Carrier on a set of paired loads?
TLDLIM provides full transparency to paired Carriers the tender rate accepted/submitted by the pairing Carrier partner. Therefore, each Carrier knows not only their accepted/submitted tender rate, but also the accepted/submitted tender rate of the other Carrier. TLDLIM then pay out to each Carrier based on the average on the accepted/submitted tender rates. The average is calculated as in this example that follows.:
Let's say Carrier 1 - going from location A to B had accepted/submitted tender rate of $3,100 and Carrier 2 - going from location B to A, on the same lane as Carrier 1, but in the opposite direction, had accepted/submitted tender rate of $2,100. The average here would be [($3,100 + $2,100)/2] = $2,600. Each Carrier would now be paid off a $2,600 tender rate for the half journey. However, it is very important to note that each Carrier would have only travelled only 1/2 the distance between the A & B lane and return to each respective start location of either A or B. We do this because we recognize that some lanes pay differently to go in than to come out.
The assumption we take, as in the example above, is absent TLDLIM participation, both Carriers, would have each done the complete A to B round trip and thus would have been equally compensated the aggregate amount of $5,200.How does participating in the TLDLIM help improve carrier truck maintenance repair cycle and improve reliability?
The device we install in your truck helps to provide real time diagnosis of your truck. We also use this real time diagnostics to aid in directing you to mechanic shops where your truck may be repaired before a breakdown occurs and at a much quicker rate. This not only saves repair cost but more importantly avoid costly breakdowns on the roads.