TRANSAM SELECTS EFS AS PAYMENTS PROVIDER

Nashville, Tennessee, October 3, 2012 – Electronic Funds Source, LLC, (EFS), the leader in innovative and customized payment solutions was recently selected to provide a comprehensive, customized payments solution for TransAm Trucking, Inc. (TransAm) the premier carrier in temperature controlled freight with a fleet of over 1,400 tractors and over 2,400 trailers, headquartered in Olathe, KS.

“We selected EFS because of their vision for future payment technologies for the transportation industry. We see EFS as the company that is going to help TransAm not only sustain our industry-leading position, but continue to help move us forward”, said TransAm Chief Financial Officer, Murray Droescher. TransAm moved its entire payments business to EFS, which included fleet cards, cash management functions, data mining, driver payroll distribution and settlements distribution.

The EFS platform provides TransAm real-time connectivity to their transportation software so they have more visibility into their transactions as they are happening with dynamic real-time exception reporting. EFS-unique applications allow TransAm to respond immediately via user-defined exception management controls providing more proactive driver feedback, proactive driver interaction and better financial controls. “EFS is bringing real innovation and a forward-thinking approach to age old industry challenges,” says Droescher. “They are helping us plan for the future and by working closely together – together we are making the industry better.”

“Our customers continue to drive our innovation,” said Scott Phillips, President and Chief Executive Officer of EFS. “TransAm is an industry-leading carrier and we’re excited they chose to put their trust in EFS to be their sole payments provider.”