Top 5 pitfalls transport carriers are facing
In 2020, successful businesses know how to harness financial statement data. But for transport carriers, [...]
What to consider when taking a FEMA load
When a disaster hits, we all want to do our part to help. One way [...]
An Account Manager that knows your business makes the difference
As an Account Manager, I work with about 75 to 100 different businesses. Every [...]
What is a cash reserve?
A cash reserve for a business is what a personal savings account is for [...]
Recourse vs. non-recourse factoring
Factoring companies have two primary types of agreements when it comes to funding your [...]
What is Transportation Factoring?
Transportation Factoring companies are financial institutions that buy a carrier’s receivables, take ownership of [...]
Cash is king: Tips on making it work for you
As a business owner, you know cash on hand allows you to invest in [...]
Accurate recordkeeping impacts your cashflow
Currently, no uniform system of record keeping is available for the freight industry. While there are hundreds of computerized records keeping systems for transport carriers, the vast majority have no uniform system of cost accounts for yielding financial data to make freight pricing decisions.