Running a trucking business requires a steady flow of cash. But waiting on slow-paying customers can leave you strapped. That's where truck factoring comes in. Factoring lets you sell your invoices to a factoring company and get paid upfront, minus a fee. This can significantly improve how you manage your cash flow. However, there's a lot of misinformation out there about … [Read more...]
Understanding Trucking Spot Market Rates: A Guide for Drivers
Spot rates in the trucking business can often be the holy grail. They can be a sustainable way of increasing revenue, making the most of opportunities, and increasing your company's goodwill. However, many trucking business owners still do not completely understand the spot rate market. That is where we come in. In this guide, we will distill down all you need to know about … [Read more...]
