• All billing done electronically.  Saves      you money on postage!

  • View A/R online 24 hours a day.

  • Online A/R information is live, see it       immediately after it is recorded.

  • Create, view and print ageing reports.

    




  • Lowest rates available.

  • The Patronage Dividend brings that rate       down even further.

Transport Clearings East, Inc. has been serving the trucking industry for more than fifty (50) years. Operating as a cooperative organization and its principal activity consists of the purchasing of freight bills from member carriers and the subsequent billing and collection thereof.





.


 Year

       Dollar        Volume

     Dividend

  Percent of   Service Fee

2004

171,957,754

687,564

24.3

2005

185,368,774

1,074,498

35.4

2006

213,329,292

1,115,573

32.3

2007

199,300,820

950,000

30.2

2008

193,724,531

761,827

24.3

2009

165,620,644

654,694

24.1

2010

150,979,987

565,117

24.1

2011

167,251,767

838,823

30.1

2012

165,070,026

513,875

20.5

2013

164,122,681

868,960

32.8

PATRONAGE DIVIDEND


Being a not-for-profit Co Op enables us to return any excess funds after expenses to the member carriers in the form of a patronage dividend.  


24-Hour Money

Low Service Fees

View Your Accounts Receivable Online

Membership Pays Dividends


Freight bills purchased and processed today are funded tomorrow by an automatic direct deposit.


Letter from the Manager


"We have just completed our 55th year at Transport Clearings East, Inc. Our outside audit firm has concluded the 54th fiscal year-end and closed the books. 2012-2013 was our 36th consecutive year that we have made a profit."


"The Board of Governors has authorized the General Manager to declare a patronage dividend of $868,960.00, the figures submitted by the auditing firm. This brings the total amount of patronage dividends for the past 32 years to $30,934,931.00."


"Our accounting department is optimistic in projecting another prolific year for 2014."


V.N. Whetzel, Jr., General Manager



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