Recourse Period

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In the context of accounts receivable factoring, the “recourse period” refers to a specific duration during which the factor (the entity providing the financing) can seek repayment from the seller…

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Grain Hauler (Hopper)

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A grain hauler, also known as a hopper bottom trailer or simply hopper, is a specialized type of trailer or truck designed for transporting bulk commodities, particularly grains, seeds, and…

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Container Hauler

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A container hauler, also known as a container chassis or container trailer, is a specialized type of trailer or truck designed for transporting shipping containers from one location to another….

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Auto Hauler

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An auto hauler, also known as a car carrier or car transporter, is a specialized type of trailer or truck designed for transporting automobiles from one location to another. These…

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Bull Hauler

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A “bull hauler” is a colloquial term used to describe a large truck primarily designed for transporting livestock, particularly cattle. These trucks are specifically designed and equipped to safely and…

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Tanker

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Tanker freight refers to the transportation of liquid or gas commodities, such as crude oil, petroleum products, chemicals, liquefied natural gas (LNG), or liquefied petroleum gas (LPG), using specialized vessels…

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Flat Bed Trucking

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Flatbed trucking refers to a type of transportation service that utilizes flatbed trailers to haul cargo. Unlike enclosed trailers, flatbed trailers do not have sides or a roof, offering an…

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