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The image shows the logos of TIMOCOM and JITpay.

Secure cash flow: JITpay™ factoring service for TIMOCOM customers

An important requirement for every company is liquidity. However, with long payment terms of up to 60 days, things can get tight. To help customers get paid quickly, TIMOCOM and the factoring service provider JITpay™ as of today offer the possibility to process payments using JITpay™. The digital payment service is available for TIMOCOM customers in Germany and will be offered in other European countries during the course of the year. The Netherlands, Poland, Slovakia, Slovenia and the Czech Republic will be next.

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The image shows the development of freights in the first quarter of 2021

TIMOCOM transport barometer: good start to the year with values exceeding pre-crisis levels

Reason for optimism in the first quarter of 2021. After a slow start, TIMOCOM's transport barometer, calculated using freight entries from 46 European countries, showed a 58 percent rise in freight as compared to the previous year. There were over 10 million more freight entries across the quarter than there were during the same time period in 2020. 

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TIMOCOM transport barometer fourth quarter 2020

TIMOCOM transport barometer: freight boom on the home stretch

The fourth quarter showed continued improvements in a year marked by the coronavirus pandemic. TIMOCOM's transport barometer, calculated with freight input from 44 European countries, showed 9% more freight than in the previous quarter in 2020.

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