Transportation

Summary: Fuel advances have been gaining popularity among owner-operators and small fleet owners in recent years. They can be a useful resource for carriers that are just starting out or growing quickly. However, fuel advances also have drawbacks and can be an expensive solution. Carriers should use them carefully. This article explains how fuel advances […]

Summary: A fuel advance is an add-on that many factoring companies offer alongside their freight bill factoring programs. Fuel advances provide funds to cover fuel and other expenses. Your company gets access to these funds when you pick up a load. Fuel advances are used by small and growing trucking companies that need funds to […]

Here is a list of useful resources for truckers. We are constantly updating this list. If you have a suggestion, please contact us through our Google+ or LinkedIn pages. Load boards Getloaded DAT uShip Landstar List of free load boards Truck Stop Locators CB 39 Truck Stop Locator Truck Stop Info Plus Travel Centers of […]

Here is the list of the best smart phone mobile applications for truckers. We car constantly enhancing this list. If you have a suggestion, please let us know through Linkedin. Document Management Tranflo Transflo is a mobile scanning solution that handles document delivery. Drivers can use it to send documents to carriers. And carriers can […]

Most small freight carriers don’t have adequate cash reserves. This situation is common for small businesses. Unfortunately, this lack of a reserve leaves them vulnerable to cash flow problems. Managing these cash flow problems is difficult because smaller trucking companies usually don’t have easy access to bank financing. This article discusses how small carriers can […]

When it comes to dealing with slow-paying shippers, trucking carriers have two options: quick pays and factoring. This article helps you understand both options and covers the best strategy for using them. We discuss: The slow cash flow problem What is a quick pay? What is freight bill factoring? Which option is better? The best […]

Factoring is a form of financing that allows you to finance your slow-paying invoices. It improves your company’s financial position, providing the funds it needs to operate and grow. Learn more by reading “What is freight bill factoring?” or visiting our product page. This article highlights the advantages of freight bill factoring. It helps you […]

Most trucking companies are started by drivers who invest their own money to launch and grow the company. While many drivers have a great deal of industry experience, they don’t always have a lot of money. Often, this situation prevents them from reaching their full potential. It also leaves them open to cash flow problems. […]

Summary: Running a freight brokerage requires careful management. As a broker, you are in the middle of a transaction, balancing the demands of your shippers and carriers. Aside from the obvious logistical problems, this situation can also create cash flow problems. This article discusses how to finance a growing freight brokerage and solve the most […]

Summary: Most trucking companies encounter cash flow problems at one point or another. This happens because managing a trucking company’s cash flow is challenging. Cash flow problems occur because most expenses are immediate while revenues are delayed by 30 to 60 days. This situation creates a gap in your cash flow that affects your ability […]