Apex Networks and Transport Exchange Group, the market leaders in their respective sectors, have teamed up to help dramatically reduce ‘dead miles’ and improve efficiency throughout the industry.  The collaboration will enable Apex RMS to directly advertise and receive recovery and other vehicle movement jobs into the new Vehicle and Recovery Exchange (VR-X) developed by the Transport Exchange Group.

Many professionals working in the vehicle movement and recovery marketplace know that if they string two or more jobs together they can turn an unprofitable job into a profitable one. While many companies already attempt to achieve this manually using their contacts within other operators, such a process can be hit and miss with a relatively low success rate. The Vehicle & Recovery Exchange has been developed to address this need and through the partnership with Apex Networks integrate the necessary functionality easily, safely and securely into the business’ existing workflow.

Steve Williams, Managing Director of Apex Networks commented: “We welcome working with Transport Exchange Group to give direct access for Apex RMS users to the Vehicle and Recovery Exchange’s virtual marketplace. This platform will be of great benefit to the recovery industry and by having the ability to use the Exchange from within Apex RMS will enable us to deliver even greater strategic and operational value to our users from what is already the benchmark Recovery Management System.”

Lyall Cresswell, CEO of Transport Exchange Group said: “Every day tens of thousands of users depend upon our Exchanges to improve the profitability, scalability and flexibility of their transport businesses.  The recovery and vehicle logistics sectors face unique operational challenges while being relied upon by fleet operators, logistics providers and millions of individual motorists. By working with an industry leader like Apex Networks, we are able to better deliver the considerable benefits of a secure, transparent and efficient Exchange to recovery operators and their business partners in the United Kingdom and internationally. We look forward very much to continuing to work together.”

The Vehicle & Recovery Exchange (vr-x.co.uk) will be formally launched at The Tow Show, 10^th-11^th September, 2015, International Centre, Telford. Apex Networks expects that RMS clients will have the Vehicle and Recovery Network functionality enabled in the next software release planned for the fourth quarter 2015.

Transport Exchange Group

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