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When you ask small business owners what’s important to them, most will tell you three things: cash flow, reducing expenses, and increasing operating efficiencies. Running a trucking business is no different. Cash is king, and where and how fast owners get...
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The two most important considerations when looking into a new factoring agreement are your freight factoring rate and advance rate. We’ll focus on the factoring rate in this article. When......
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CoreFund closed their doors. Express Freight Finance is here to help all carriers impacted by the CoreFund shutdown. Carriers have options. ...
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If you own or manage a freight company, you may be looking to expand your service area and customer base. At the very least, you need a steady business income......
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For truckers, average freight factoring fees range from 1% to 5% of the complete load payment. There are a number of hidden costs in the company’s contract and knowing about......
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Trucking is the lifeblood of the American economy, accounting for more than 72.5% of the freight transportation across the country. With more than 3.3 million drivers, and 7.6 million people......
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When you ask small business owners what’s important to them, most will tell you: cash flow, coming up with ways to reduce business expenses, and more efficient ways to operate......
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The cost of running a small trucking business is already huge, and fuel makes up almost 40% of the overall cost to run a commercial truck. This seems like too......
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It’s a problem as old as trucking. You don’t get paid for hauling empty trailers. Yes, it’s always been a part of the job, but that doesn’t mean an easy......
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In the trucking industry, cash flow deficits can be a recurring issue. While short-term loans might seem like a viable solution, the reality is they can cause larger problems further......
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