The online freight payment service, Strategic Technologies Inc., has filed for Chapter 11 bankruptcy protection on July 18, but says it is "business as usual" for clients. )
STI, based in Cary, N.C., offers services that include handling electronic data interchange between carriers and customers, invoice transmission, delivery status/confirmation, and audits of client's freight bills.
Paul White, vice president of marketing, said details of the filing would be forthcoming. "I think it important to comment that a significant portion of the STI business or client base is not affected by this reorganization and this includes our largest clients," which include Amazon and Microsoft.
Reproduced with permission from http://www.eyefortransport.comhttp://www.eyefortransport.com News Desk
