Freight Factoring

Working with a truck dispatch service company can be one of the best – or worst – decisions that you ever make. It’s a decision you should make carefully. In this article, we discuss: Can a truck dispatcher help your company? How to select the right dispatcher How do they compare to freight brokers? 1. […]

Transportation dispatchers play a critical role for owner-operators who are looking to grow their businesses. They help carriers with a number of critical tasks including finding loads, negotiating rates, keeping trucks on schedule, taking care of paperwork, and so on. Unlike freight brokerages that represent themselves, dispatchers represent owner-operators. This difference is important. Dispatchers are […]

Every company runs into cash flow problems at one time or another. However, many of these problems can be prevented with some planning and diligence. In this article, we cover nine common cash flow problems that affect carriers, along with some solutions: 1. You don’t charge enough Many trucking companies experience cash flow problems because […]

Growing a successful trucking company takes a lot of hard work and dedication. But, above all, it takes a disciplined approach to make the right decisions and take the right actions. This article helps owner-operators and small fleet owners accomplish this goal. It summarizes the seven key steps to take to grow your trucking fleet […]

Every successful trucking company needs to use financing at some point. Growing companies have to buy equipment, pay employees, and handle multiple expenses. Eventually, the owner will run out of funds and use external financing. This article discusses how trucking company owners can finance their two most significant expenses: equipment purchases and operations. It also […]

Freight factoring, also known as freight bill factoring, is a form of business financing in the transportation industry. It helps carriers and brokers improve their cash flow by financing their invoices from slow-paying clients. Factoring provides companies with the funds to operate and grow to their full potential. We cover the following: 1. How does […]

Running a small trucking company can be difficult, especially for new owner operators. One great source of industry advice and information are the trucking forums. They are a great way to connect with fellow drivers to share tips and information. In our experience, they have proven to be a valuable resource for truckers. Owner operators forums The following […]

Running a trucking company can be overwhelming sometimes, especially for new truckers. There are so many things to learn and figure out. One of the best places to get useful information about the business are the trucking forums. They allow you to connect with more experienced truckers and ask them questions. In our experience, these […]

It’s not unusual for new or growing trucking carriers to have cash flow problems at one point or another. Cash flow issues commonly affect companies that are growing quickly. Before long, the carrier starts running low on funds and cannot pay some of its corporate expenses. At best, this situation makes managing the company difficult. […]

The most challenging step in starting a trucking company is often the first step – getting started. However, this step can be difficult for many first-time trucking entrepreneurs. Everyone knows that the best business plan is useless unless you put it into action and implement it. This article helps you take on the six most […]