Posts filed under: Freight Factoring

Cities across the United States are lifting restrictions and entering “Phase 2” of the reopening process. This means more businesses are opening their doors, which in-turn could result in trucking expansion. Phase 2 To understand Phase 2, we need to...
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Small carriers may not have the pull or volume of businesses of larger fleets, but they can do things that large trucking companies can’t. Small carriers can provide “last mile” services. This has been crucial during the COVID-19 pandemic, and...
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Shipping rates are experiencing downward pressure in some markets. Even as some states reopen during the pandemic in a move to kick-start the economy, shippers and brokers still maintain leverage over shipping rates, often to the detriment of carriers and...
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Working capital is crucial to the success of trucking companies. However, as banks tighten credit requirements and lower lending limits, carriers need a reliable source of working capital to maintain operations. Banks and Working Capital Banks have been tightening their...
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The past few years have seemed like a roller coaster for the trucking industry. Up until 2017 demand for capacity was very high. 2018 saw demand artificially increase due to threats of tariffs on products coming into the US from...
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In both strong and soft economic conditions, two things remain constant. One, the trucking industry is the backbone of the American economy and allows commerce to take place on a national and international scale. Two, the constant need for working...
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Since the first cases of COVID-19 were diagnosed, businesses in all industries have been looking for reliable sources of working capital. With new pressures placed on trucking companies to reinforce supply chains to keep products moving to businesses and customers...
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2019 was a turbulent year for the trucking industry. The lag in demand forced trucking companies to lay off drivers and, in extreme cases, close up shop entirely. Our current situation with the COVID-19 pandemic has mixed things up even...
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COVID-19 continues to have a huge impact on our population and our economy. The trucking industry is facing high demand from shippers and consumers alike to move goods, products, and equipment quickly and efficiently. However, with drivers suffering illness, and...
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Small trucking companies need to maintain healthy cash flow to thrive and grow. While positive cash flow is essential to carriers of all sizes, any lag in revenue can result in small trucking companies being unable to pay bills, make...
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