Extended payment terms are squeezing carrier cash flow. Here are some practical ways fleets can stay liquid without disrupting daily operations.
For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...
Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...
There are many factors that contribute to the factoring rate a company offers you. One of the most significant benefits of factoring for many carriers is that they consider the creditworthiness of ...
If you’re a client of factoring service OTR Capital, there’s a going to be a new avenue toward the freight universe available from brokers participating in Trucker Tools‘ load matching engines. The ...
In comparison to last year, 38% of factoring customers plan to factor more loads, underscoring a growing reliance on factoring to maintain cash flow. The survey also highlighted that speed of payment ...
This Opinion piece appears in the Nov. 17 print edition of Transport Topics. Click here to subscribe today. This is a response to the article “Cash-Strapped Carriers Resort to Quick Pay Plans, ...
Experienced credit executive joins Porter Freight Funding to strengthen risk strategy and support long-term customer ...
We speak with a number of logistics experts to capture their views on the overall impact that e-commerce is having on moving the nation’s freight. One thing is for certain: The… 2023 Parcel Express ...
Covenant Logistics Group, Inc. is selling its factoring business for $132.2 million to help cut the overall debt for the Chattanooga-based trucking giant. The deal announced Wednesday is expected to ...
Explore Texas factoring solutions with Catamount Funding's Houston freight factoring and small business factoring Houston services to enhance cash flow. HOUSTON, TX ...
Love's Financial (Love's), a member of the Love's Family of Companies, has acquired two freight factoring companies: Vero Business Capital of Memphis, Tenn., and Foley Business Capital of Omaha, Neb. ...