Trucking Industry 4th Quarter 2023 Forecast

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The trucking industry forecast for the 4th quarter of 2023 is mixed. On the one hand, economic growth is expected toTrucking industry 4th quarter 2023 outlook slow, which could lead to a decrease in freight demand. On the other hand, there are a number of factors that could support freight demand, such as the continued growth of e-commerce and the ongoing recovery of the manufacturing sector.

Overall, analysts are projecting that the trucking industry will experience modest growth in the 4th quarter of 2023. However, there is a risk that the market could be more volatile than expected, depending on the overall economic climate.

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4 Ways to Recession-Proof Your Staffing Company

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how to Recession-Proof Your Staffing CompanyAs with many industries, temporary staffing agencies have faced a variety of challenges in recent years. The COVID-19 pandemic, more people working at home, and staffing shortages make it difficult to plan for the future. There’s also the looming possibility of a recession in the near future, if we’re not in one already. Let’s look at some strategic steps you can take to ensure your staffing agency prospers in any economic conditions.

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Double Brokering and Freight Fraud: What You Shippers & Carriers Need to Know

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“Double brokering” is a type of freight fraud that occurs when a freight broker takes a load from a shipper and then brokers it to another carrier without the shipper’s knowledge or consent. ThisDouble Brokering and Freight Fraud leaves the original carrier out of pocket, as they have no way to get paid for the load they have moved.

Double brokering is a serious problem in the transportation industry, and it can cost shippers and carriers millions of dollars each year. In some cases, it can even lead to the collapse of businesses.  In Q1 2023, Truckstop.com, saw a 400% increase in double brokering complaints.

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Get Your Invoices Paid Faster With Business Services Factoring

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Anyone who provides business services to customers relies on those customers paying their invoices promptly.business services factoring However, many business customers require extended payment terms such as 30-60 days from time of invoicing, and others are not always reliable about paying invoices on time. Business services factoring is a way to stabilize your cash flow and receive payments on a regular schedule, at time of invoicing.

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