The use of financing is vital as it allows companies to leverage the time value of money (TVM) to put future expected cash flow to use to ensure the business…
Read More
Double brokering is the unauthorized transfer of a load to another trucking company. Due to freight market volatility, the industry is seeing an uptick in this illegal practice in 2023.…
Read More
Fleet managers are logistics specialists tasked to manage the effective operation of a company's vehicle fleet. When employed by a freight carrier, their primary role is to ensure the fleet…
Read More
Maximizing access to working capital is one of the best defense strategies against the growing financial pressures of a struggling economy. Your truck fleet has highly valued equipment assets. Use them…
Read More
Most businesses rely on external financing to support their day-to-day operations. And in every situation, lenders will require assurances that they will be repaid in a timely manner. These assurances…
Read More
CPAs often have a front-row seat to spot the signs when their clients are facing financial challenges or heading toward a cash flow crisis. This is especially true at the…
Read More
While the economy struggles through a downturn, traditional lenders are beginning to restrict credit as government regulators monitor their portfolios for excessive risk and their stakeholders demand profit protection. As…
Read More
The economic outlook for 2023 could be better. More than two-thirds of economists at 23 major financial institutions expect the U.S. to have an economic downturn and most likely slip…
Read More
