rtsinc.com

What It Is

RTS is an integrated financial services and software provider with more than 40 years of experience in the U.S. trucking industry, and is part of Shamrock Trading Corporation. Starting from accounts receivable factoring, it offers fleets and owner-operators a one-stop solution covering working capital, fuel discounts, equipment financing, insurance, and fleet management software (TMS).

Core Dimensions

• Service Types and Payment Methods: Its core product is freight factoring, complemented by fuel cards (Total Fleet, Self-Funded, and Fleet One), equipment financing, commercial trucking insurance, and ProTransport TMS software. Payments mainly revolve around invoice factoring advances and fuel card spending.
• Coverage and Compliance: Its business primarily covers the U.S. domestic market, with offices in 11 states and partnerships with 3,500+ fueling locations. Licensing and regulatory details are not disclosed in the source text.
• Rates and Settlement: The factoring service offers over 90% advance payment within 24 hours, with the remaining balance settled after deducting a small fee. The basic TMS plan is free, the advanced plan costs $125/month, and the load board is completely free. Equipment financing is structured as a simple-interest loan with no hard credit inquiry.
• Risk Control and Integrations: For risk management, RTS provides credit rating lookups for more than 90,000 brokers and shippers, while its fuel cards include fraud-prevention locking features. On the API and integration side, its TMS connects seamlessly with mainstream tools such as ELD systems, QuickBooks, and IFTA.

Pros, Cons, and Pricing

RTS’s strengths lie in its well-rounded ecosystem, fast factoring, substantial fuel discounts—an average savings of 45 cents per gallon—and equipment financing without a hard credit check. Its drawbacks are that equipment financing is only available to factoring customers, and fuel discounts are limited to in-network locations. In terms of pricing, the TMS and load board are highly cost-effective, being free or low-cost, while factoring rates require a separate consultation.

Who It’s For

Small and midsize trucking fleets and owner-operators in the United States, especially transportation businesses that urgently need cash flow and want to reduce fuel and operating costs.

Access from China

As a purely U.S.-focused B2B service, its accessibility from China is unknown, and it does not support cross-border payments. Chinese logistics companies expanding overseas that need similar services may need to look for alternatives that support cross-border settlement, such as TriumphPay.