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......
You know, there is a certain point everyone hits in their business where you consider a business or service partner. But there are a lot of considerations to take in......
The trucking industry is starting to gain a firm foothold in the economy, despite the challenges posed by pandemic restrictions, high unemployment in other sectors, and new legislation. For trucking......
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......
Since the trucking industry is leading economic averages across almost every industry, the need for working capital is of the utmost importance to maintain momentum so the economy can get......
If 2020 were a magic eight-ball, the results right now would be “outlook uncertain.” The economy is reopening in spurts, but spikes in COVID-19 infections are also preventing other areas......
Cash flow has become the main focus for trucking fleets of every size. Especially now, when trucking companies need to maximize their access to working capital, speeding up cash flow......
While essential supply chains are the domain on Class-8 vehicles, trucking companies are realizing the need for medium-duty vehicles to stay competitive and relevant. While medium-duty vehicles may not have......
The Outbound Volume Index is currently 25% above average, which means there is currently high demand for products, resulting in increased revenue for the trucking industry. Some analysts believe that......