by Dean Wiltsey | May 2, 2023 | Factoring, Freight Brokers
As a freight broker, choosing the right factoring company can make or break your business. Factoring companies can provide much-needed cash flow, administrative support, and help build strong relationships with carriers. But with so many options out there, it can be...
by Dean Wiltsey | Apr 27, 2023 | Finance, Freight Brokers, Trucking
Double brokering is a serious issue in the freight transportation industry. It happens when a freight broker tenders a load to a carrier, but the carrier turns around and reassigns the load to another carrier. This unethical practice can result in delays, damages, and...
by Dean Wiltsey | Apr 25, 2023 | Factoring, Freight Brokers
The freight brokerage industry is fast-paced and competitive, with freight brokers constantly juggling multiple tasks to ensure smooth operations and timely deliveries. However, challenges such as cash flow gaps, administrative burdens, and limited funding...
by Dean Wiltsey | Apr 19, 2023 | Factoring, Freight Brokers
As a freight broker, managing cash flow is crucial to the success of your business. You need to pay carriers, cover operational expenses, and invest in growth opportunities. However, waiting for customer payments can cause cash flow gaps that can hinder your ability...
