Freight Debt recovery Services

What Freight Debt recovery Services does

Freight Debt Recovery Services (FDRS) is a specialized debt collection agency serving the global logistics and freight industry. Operated under Logistics Support Services Co., Ltd., a Thailand-incorporated private company headquartered in Hua Hin, FDRS assists freight forwarders, shippers, consignees, importers, exporters, carriers (sea-lines and airlines), warehousing companies, customs brokers, consolidators, trucking companies, rail operators, and NVOCCs with the recovery of outstanding freight debts. The service is delivered on a contingency basis under a "No collection = No fee" policy, with a standard 20% fee applied only to successfully recovered amounts.

The company's core technology asset is a proprietary database of approximately 1,700 delinquent freight debtors worldwide, updated daily and exposed through a publicly searchable website that covers nearly 100 debtor countries. This database doubles as a credit-risk intelligence tool and as the primary top-of-funnel marketing asset: a monthly newsletter embedding the warning list is broadcast to over 500,000 recipients in the logistics industry worldwide. The company also maintains referral relationships with 100+ associated logistic networks. Customers initiate service by submitting an online collection form with supporting invoices, and the company reports representative office coverage across 185 countries to support cross-border collection.

FDRS generates revenue solely through contingency fees on successful debt recoveries; there are no subscription, SaaS, listing, or advertising fees disclosed in the source material. Distribution is entirely digital, with website-based service delivery supplemented by newsletter and partner-network referral channels. The business model is horizontally scalable across the logistics vertical but is constrained by the manual nature of collection work, the dependency on a single revenue stream, and the absence of disclosed AI/automation tooling.

Name

Freight Debt recovery Services

Legal name

Logistics Support Services Co., Ltd.

Website

https://fdrs-ltd.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Freight Debt Recovery Services (FDRS) provides contingency-based debt collection for the global logistics industry, including freight forwarders, carriers, shippers, and customs brokers. It charges a 20% fee only on recovered amounts and maintains a daily-updated warning list of 1,700 delinquent debtors across 185 countries.

Ownership category

akta.pro rank

Product category

Debt Collection Services

NAICS

Collection Agencies (56144), Collection Agencies (561440)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Third-Party Debt Collection Agencies (Consumer & Commercial) (BPAAAEAB)

akta.pro secondary industry

Utilities/Telecom & Other Non-Financial Receivables Collections (FSAKAJAN)

Keywords

• Freight debt collection
• Logistics credit risk
• Delinquent debtor warning list
• International freight recovery
• Contingency collection services

Headquarters

HQ city

Bang Na

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Debt Collection Services: Standard collection fee of 20% on successful debt recovery. The company operates on a 'No collection = No fee' basis, meaning clients only pay when debts are successfully recovered.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Freight Debt Recovery Services provides contingency-based international debt collection for the freight forwarding and logistics industry, including forwarders, shippers, consignees, sea-lines, airlines, NVOCCs, customs brokers, trucking, warehousing, rail, and consolidators. Clients submit unpaid invoices through an online collection form and FDRS pursues the debtor on a 'No collection = No fee' basis at a standard 20% contingency fee. The company also maintains and publishes a daily-updated warning list of approximately 1,700 delinquent freight debtors worldwide, distributed via its website and a monthly newsletter to 500,000+ logistics recipients.

Product overview

Freight Debt Recovery Services (FDRS) is a freight debt collection service that operates as a single unified offering rather than a modular platform. The core service consists of debt collection for the logistics industry with an associated Warning List database of delinquent debtors. The company offers three main components: (1) Debt Collection Services with a 20% contingency fee and 'No collection = No fee' guarantee, (2) A Delinquent Freight Debtors Warning List of approximately 1,700 companies updated daily, and (3) A Monthly Newsletter broadcast to over 500,000 logistics industry recipients. Clients initiate service through an online collection form, and the company provides collection services across 185 countries through representative offices.

Differentiator

Problem solved

Functional benefit

Products and services

• Freight Debt Collection Services Contingency-based international debt collection assistance for the logistics industry, covering Forwarders, Shippers, Consignees, Importers, Exporters, Warehousing, Sea-lines, Airlines, NVOCCs, Customs Brokers, Rail, Consolidators, Carriers, and Trucking Companies. Clients submit unpaid invoices via an online form and pay a standard 20% fee only on amounts successfully recovered.
• Delinquent Freight Debtors Warning List A searchable warning list database of approximately 1,700 delinquent freight debtors worldwide, updated daily, listing companies that have defaulted on payments or made repeated unfulfilled promises to pay. Accessible via the FDRS website by company name and country to support credit risk verification before entering into trading relationships.
• FDRS Monthly Newsletter Monthly newsletter broadcast to over 500,000 recipients in the logistics/freight industry worldwide, including the worldwide warning list of approximately 1,700 listed freight debtors to warn subscribers of payment risk.

Named customers6 records

Segments10 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Logistic Networks (100+)coreChannel Partner/ Reseller/ DistributorFDRS works with over 100 associated logistic networks worldwide, providing debt collection services and debtor intelligence to members of these networks. These networks serve as channel partners, referring their member companies to FDRS for debt recovery services.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Hunter International: Commercial debt collection agency with strong logistics and freight forwarding vertical specialization, operating internationally. Comparable to FDRS as a freight-industry-focused third-party collection agency.
• Creditreform: Germany-headquartered international debt collection and business information network operating in over 20 countries. Comparable to FDRS as a third-party commercial collections agency with strong presence in European freight/logistics markets.
• Allianz Trade (formerly Euler Hermes): Global leader in trade credit insurance and debt collection, with extensive international commercial receivables management. Directly comparable as a large incumbent in international B2B debt recovery, with broader scope than FDRS.
• Atradius Collections: Global B2B debt collection arm of Atradius, providing international commercial debt recovery across more than 50 countries. Directly comparable to FDRS in serving cross-border commercial receivables, though at much larger scale and without freight-specific specialization.
• Bond Collecting: European-based commercial debt collection agency specializing in logistics, freight, and shipping industry receivables. Directly comparable to FDRS's freight-sector niche and contingency-driven model.
• International Credit Group (ICG): Global alliance of commercial debt collection agencies providing cross-border receivables recovery through local partners. Highly comparable to FDRS's network-based international collections model, though ICG operates as a multi-firm alliance rather than a single entity.
• Coface: French trade credit insurer and debt collection provider operating globally with a network of 100+ countries. Comparable to FDRS as a third-party commercial debt collector serving international B2B receivables, including logistics-sector clients.
• TCI (Trans-Continental International): International commercial debt collection agency serving freight forwarders, shippers, and logistics providers worldwide. Directly comparable to FDRS in specialized freight industry focus and contingency-based collections.

Emerging players

• RTS Financial Services: US freight factoring and back-office services provider serving small and mid-sized trucking and logistics companies. Comparable to FDRS as a financial back-office service for the freight industry, though focused on factoring rather than debt recovery.
• TAFS (Transportation Accounts & Financial Services): Specialized back-office and collections services firm serving the trucking and freight industry, with freight-specific debtor recovery offerings. Comparable to FDRS as a freight-vertical debt and receivables service provider, though focused on US trucking.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xfdrs-ltd.com/?iwj_login_twitter=true
• Facebookfacebook.com/v2.7/dialog/oauth?client_id=1957660671115622
• LinkedInlinkedin.com/oauth/v2/authorization?client_id=81ywf2ggtzlet4

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Freight Debt recovery Services