In a volatile freight market, steady cash flow can make or break a trucking operation. That’s likely why freight factoring is surging in popularity. When trucking companies factor their invoices,......
Regardless of the state of the freight market, choosing the right freight factoring company is a critical decision for small trucking companies. Oftentimes for small carriers, the difference between profit......
It’s a lot of work to run any small business, and small trucking companies are no exception. Effectively running a company in the freight industry is nuanced. Outsourcing certain tasks......
For trucking companies, the right vendor partnerships can make all the difference. The right vendors can provide crucial services and support that can improve both productivity and profitability while streamlining......
Everybody likes to get paid, and for trucking businesses, ensuring payments occur on time and in full is the key to maintaining cash flow that allows the business to keep......
Understanding How Freight Factoring Rates are Figured, Plus a Top-Down View of Common Fees Freight factoring can be a game changer for trucking companies, helping them keep their cash flow......
When you own a business, signing any contract is a big deal, and when you’re a trucking company preparing to sign a freight factoring contract, it’s a really big deal.......
Switching freight factoring companies may seem like a daunting task, but benefits like lower costs or an improved level of service can make it worth the time and effort. By......
In the trucking industry, fuel costs are inevitable. Trucks need fuel to run, and because they need a lot of it, fuel costs make up a significant portion of expenses.......
When fuel prices are high and rates are low, trucking companies may need to find opportunities to cut costs to give profit margins a boost. Employing cost-saving strategies requires balance,......