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Posts filed under: Freight Factoring

Maintaining finances for a fleet of any size is a careful balancing act. Expenses cannot exceed revenue, and cash flow must stay healthy at all times to ensure there is......
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At the start of July, the United States-Mexico-Canada Agreement (USMCA) went into effect. While overtly, the agreement does not differ greatly from NAFTA which originated roughly a quarter of a......
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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......
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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”......
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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......
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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......
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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......
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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......
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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......
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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......
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