Cash flow fluctuations can be challenging for any business. In these uncertain times, however, businesses in many industries are experiencing ups and downs that are hard to predict. One of the most common reasons for cash flow instability is the delay between issuing invoices and receiving payment. Invoice financing, also known as invoice factoring, is one of the simplest ways to overcome this difficulty. Factoring invoices means that you receive immediate payment rather than being subjected to your clients’ payment schedule. Read more
How Trucking Companies Can Cope With COVID-19
The COVID-19 pandemic isn’t only a threat to human health but also to the economy. For many people, the impact has been disastrous as jobs have been lost and businesses have closed. For the trucking industry, however, the effects have been less clear cut. In some ways, in fact, the virus has actually created more demand for transportation services. Let’s look at some of the ways that the coronavirus has impacted the trucking industry. Read more
2020 Guide to Trucking and Transportation Industry Events
One of the best ways to keep up with the latest developments in the trucking industry is to attend live events and conferences throughout the year. These give you a chance to meet experts as well as other trucking business owners, drivers and everyone connected to the industry. Here is a guide to trucking industry events of 2020. Read more
3 Trucking Industry Trends in 2020
The trucking industry is currently experiencing some rapid changes. Increased bankruptcies, technological shifts, and fierce competition are all having a strong impact on the industry. If you’re a truck driver, own a trucking company or are in any way involved in transportation or logistics, it’s important to stay informed on these issues. The following are three of the biggest trends that will impact truck driving in 2020. Read more
New Freight Brokers: 7 Tips to Find Business
Finding new leads has always been one of the main challenges faced by freight brokers. In order to find a steady supply of qualified leads, you need to learn as much as possible about shippers and the items they transport. Here are some of the most effective ways for freight brokers to generate new business. Read more