During these tough financial times, many transportation companies have turned to methods of keeping steady cash flow, including QuickPay and freight factoring. But what is the difference between the two, and how can you…
Freight factoring is a great way to save transportation companies time, money, and energy, but going about invoice factoring in the wrong way can actually cost you time, money, and energy. Keep reading to…
We all know that, between rate confirmations, BOLs, lumpers, detention, and other logistical concerns, transportation companies have many balls to juggle (or, more accurately, paperwork to fill out). Of everything you’re managing, keeping track of…
Transportation is by no means a cheap endeavor, but of all the expenses transportation companies have to shell out for, fuel is one of the costliest. Knowing how to calculate the cost of your trucks’…
The trucking industry is old and stands apart from other industries in many ways, but that doesn’t mean it’s out-of-touch with the digital ways of the modern age. All business is becoming more and more…
If your trucking business has ever dealt with late invoice payments, you know the struggle. When a long-haul carrier accepts a load, they will invoice a freight broker to move a shipment of goods. Often,…
With the economy struggling, especially within the trucking industry, many fleet owners and owner operators are finding it increasingly difficult to get approved for a bank loan. Even those that get approved are often too…
Starting a new trucking company during these troubling times is a courageous move, but it’s one that could pay off when done correctly. Of all the things working against your favor in today’s economy, there’s…
When starting your own trucking company, whether you’re an owner/operator or a fleet owner, you’re going to have several obstacles to overcome. Of all the things working against you, cash flow is the one thing…
If your trucking company is having a difficult time with the billing process and getting unpaid invoices resolved in a timely manner, you’re not alone. We understand the fear of having to wait 30-90 days…