LoadPay enables third-party logistics providers, brokers and shippers to schedule automated payments to carriers while offering the option of PayMeNow, a quick-payment service for carriers that elect to receive funds more rapidly. MercuryGate supports all modes of transportation, including parcel, less-than-truckload, truckload, air, ocean, rail and intermodal. In a related announcement, LoadPay will also be integrated with the system of McLeod Software. McLeod provides transportation dispatch, accounting, operations and brokerage-management software, as well as document-management systems.

Source: Truckstop.com