Posts filed under: Freight Factoring

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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Vehicle-miles-traveled tax (or VMT tax) is once again making its way to the forefront as lawmakers seek to fund the repair and maintenance of the highway system in the United States. Both the American Trucking Association and the Owner-Operator Independent...
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Throughout the United States, many carrier employees and owner-operators are ready to take the next step and launch their own trucking companies. They have the know-how and understanding of the industry, but starting a trucking company requires careful planning. There...
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Many owners of trucking companies either handle accounting themselves, work with a CPA, or use cloud-based accounting services. While accounting can sometimes cause major headaches, there is a way to make things easier for your trucking company and ensure you...
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As we get ready for spring, plans are being made for major construction projects throughout the United States. Carriers and owner-operators alike are being contracted to move building materials and heavy equipment to construction sites so workers can take on...
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We are still in the middle of winter, which means oil and gas distributors are supplying gas stations, private individuals, and more with the fuel necessary to keep vehicles moving and houses warm. However, staggered payment schedules may mean that...
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Smaller trucking companies have received a lot of attention from industry news outlets over the past few years. During the high-demand period of 2018, smaller trucking companies helped to offset the burden larger carriers were experiencing from shippers calling for...
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Independent owner-operators are looking for ways to improve cash flow. With the recent ruling in California, and the nebulous state of New Jersey’s “gig economy” legislation, it is of the utmost importance that owner-operators maintain a healthy cash flow to...
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This year, many trucking companies are trying to position themselves for growth or simply improve cash flow. Unfortunately, both goals are very challenging when trucking companies are waiting on payments for receivables issued in 2019. Outstanding Receivables Because of staggered...
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In simplest terms, locked capital is used to categorize money that is either inaccessible, or funds that are allocated for other uses. For example, trucking fleets with existing loans have a portion of revenue locked to make monthly payments on...
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