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 ...
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, ...
Freight Factoring Operations Manager at altLINE, the factoring division of The Southern Bank Company. Jennifer joined altLINE to spearhead the launch of the company’s freight factoring program, ...
In the United States, much of commerce relies on moving goods to market on trucks. The way it works is a manufacturer calls a shipping broker with instructions like “I need to get a load of beer to ...
Equipped with sophisticated back-ends, larger conglomerates are often outcompeting small freight brokers, but Axle Payments wants to change this by empowering over 10,000 freight brokers currently ...
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 ...
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. ...
Expanding your fleet is more than just buying another truck. Learn the 5 essential factors—from insurance costs to driver ...
A freight brokerage’s success hinges on its relationships, which increasingly involve vast amounts of data. Sensitive data — often financial — constantly flows between shippers and carriers, and ...
Explore Texas factoring solutions with Catamount Funding's Houston freight factoring and small business factoring Houston services to enhance cash flow. HOUSTON, TX ...