Factoring in freight transportation utilizing authenticated data

Non-transitory computer-readable storage media encoded with a computer program including instructions executable by a processor to create an application comprising:

• a. a database of freight transport orders, each order comprising an association of freight transport equipment information, operator information, and freight information;
• the freight transport equipment information at least partially derived from an electronic device physically attached to freight transport equipment;
• b. a software module configured to receive freight transport equipment information transmitted by the electronic device and associate the freight transport equipment information with an order;
• and
• c. a software module configured to communicate orders and associated freight transport equipment information to a factoring application.

A computer-implemented freight transport factoring method comprising the steps of:

• a. maintaining, in a computer memory, a database of freight transport orders, each order comprising an association of freight transport equipment information, operator information, and freight information;
• b. receiving, by a computer, freight transport equipment information transmitted by an electronic device physically attached to the freight transport equipment;
• c. associating, by a computer, the freight transport equipment information transmitted by the electronic device with an order;
• and
• d. communicating, by a computer, orders and associated freight transport equipment information to a factoring application, the communicating performed periodically.

A freight transport factoring platform comprising:

• a. a first processor configured to provide a freight tracking application comprising:
• i. a database of freight transport orders, each order comprising an association of freight transport equipment information, operator information, and freight information;
• the freight transport equipment information at least partially derived from an electronic device physically attached to freight transport equipment;
• ii. a software module configured to receive freight transport equipment information transmitted by the electronic device and to associate the freight transport equipment information with an order;
• and
• iii. a software module configured to communicate orders and associated freight transport equipment information to a factoring application;
• b. a second processor configured to provide a factoring application comprising:
• i. a software module configured to receive orders and associated freight transport equipment information from a freight tracking application;
• ii. a software module configured to make electronic progress payments on freight transport contracts.