In the logistics and transportation sector, freight brokers act as intermediaries between shippers and carriers, which is a crucial role. Issues can still arise when payments are delayed, which can put on extra costs for carriers. It is crucial to managing your cash flow effectively and safeguarding your business by knowing how long to wait befo
Preventing Freight Invoice Non-Payment: What You Need to Know
In the freight and logistics sector, timely payment is crucial to maintaining cash flow and running smoothly. Unpaid freight invoices are a common issue that many shippers, carriers, and freight brokers deal with. Late payments or non-payments have the potential to significantly alter business operations, cause stress, and negatively impact prof
Adapting to Change: Exploring Alternative Financing Options for Brokers
Late payments can have a significant impact on freight brokers 'cash flows and hinder their ability to operate. Exploring alternative financing options becomes crucial in such cases to maintain financial stability and promote business growth. This article explores the various alternative financing options that freight brokers have to deal with la