Trucking is a distinct culture with a lifestyle and language all on its own. The terminology, lingo, and slang common to veterans of the industry are like a secret language to the…
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The act of double brokering is the unauthorized transfer of a load to another trucking company. Due to market volatility, the industry is seeing an uptick in this illegal practice.…
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Like any business, owner-operators, fleets, and freight brokers need working capital to keep their trucking company running. Funds are required daily for fuel, food, truck maintenance, fleet growth, and for…
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We are the first to know that debt financing can be a scary word. Equity is typically the more popular method of financing since it has a respectable ring to…
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It's been a bumpy ride for the trucking industry! Profit rates have been up and down like a roller coaster in the past five years. First rising through 2017 and…
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At its most basic level, a freight invoice is a document that the recipient signs upon delivery of a shipment. This signature confirms their receipt and agreement to pay the…
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Asset-based lending works well for all sorts of companies that are growing quickly, but if you own a business that experiences seasonal fluctuations, this loan option can be especially beneficial.…
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Meeting payroll accurately, on time, and every time for staffing companies is non-negotiable. The reputational consequences of providing mismanaged wages or unpaid wages are just too high. In this article, we speak…
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