FREIGHT BILL COLLECTION PROBLEMS? HERE'S WHAT'S CAUSING THEM

Freight Bill Collection Problems? Here's What's Causing Them

The collection of freight bills is a crucial component of the logistics industry's ability to maintain financial stability, but it also presents its own challenges. Effectively addressing these issues calls for a combination of proactive planning, strategic communication, and adaptable solutions. Businesses that successfully overcome these chall

read more

Best Practices for Collecting Freight Payments on Time

The collection of outstanding freight receivables is essential to running 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 first st

read more

Protecting Your Freight Payments from Billing Fraud

In the logistics sector, freight billing fraud is becoming more prevalent, putting a strain on the financial well-being and reputation of companies all over the world. Fraud is becoming more sophisticated as businesses navigate an increasingly digitalized freight environment, making it crucial for businesses to take proactive measures to safeguard

read more

The Payment Security Provided by Signed Freight Contracts

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, duties, and dispute resolution. This article explores why signed contracts are necessary for freight broker-copyright partnerships and

read more

How to Verify a Freight Broker’s Business History

Non-payment by freight brokers can be a significant problem for carriers, causing cash flow disruptions and posing operational challenges. Carriers can be protected from financial losses by recognizing warning signs early and putting preventive measures into place. In this article, we'll discuss how to spot red flags that indicate a freight broker

read more