Unpaid freight invoices are more than just a nuisance; they have a significant impact on your business 'cash flow, operations, and overall health. Moving past due payments causes more financial problems and lessens your ability to recover owed money. In this article, we'll explain why prompt action is necessary for unpaid freight invoices and pro
How to Handle Freight Broker Bankruptcy and Still Recover Payments
By facilitating communication between shippers and carriers, freight brokers play a significant role in the transportation sector. However, having a freight broker file for bankruptcy and owes you money can put you under a lot of financial strain, especially if you're a carrier and waiting for unpaid freight bills. Understanding the legal proces
Freight Brokers: Steps to Prevent Payment Discrepancies with Carriers
Fragmentation disputes between freight brokers and carriers can cause financial strain, disrupt business relationships, and cause delays in shipments. Freight brokers frequently find themselves in the middle, trying to balance the needs of shippers and carriers while ensuring smooth payment procedures. Freight brokers can avoid disputes by active
Breaking New Ground: Alternative Financing Options for Freight Brokers
Late payments can have a significant impact on freight brokers 'cash flow and hinder their ability to operate. In such circumstances, researching alternative financing options becomes crucial to ensuring financial stability and sustaining business growth. This article explores the various alternative financing options that freight brokers have to