The collection of outstanding freight receivables is a crucial step in maintaining any logistics or transportation company's financial health. Delay-intentional payments can affect cash flow and negatively impact operations, so it is crucial to take action on overdue accounts quickly. Reviewing the terms of the agreement with the customer is the … Read More

It is crucial to recognize warning signs that a freight broker may be financially unstable in order to safeguard your company from potential losses and ensure smooth operations. Irregular payment behavior is one of the main indicators of financial instability. Late payments, frequent requests for longer payment terms, or partial payments may ind… Read More

Running a successful logistics or freight business requires a key component of avoiding unpaid freight bill scenarios. Businesses must take proactive measures and establish robust practices from the beginning in order to reduce the risks associated with dealing with non-payment. Conducting thorough background checks on potential customers or fre… Read More

The relationship between brokers and carriers in the freight industry depends on reciprocal trust and clarity. The foundation of this relationship is a signed contract, which provides a framework for expectations, obligations, and dispute resolution. This article explores why signed contracts are necessary for freight broker-copyright partnership… Read More

Non-payment by freight brokers can be a significant problem for carriers, leading to cash flow disruptions and operational difficulties. However, putting in preventive measures and recognizing warning signs early can help protect carriers from financial losses. In this article, we'll discuss how to spot red flags that indicate a freight broker may… Read More