How to Manage Chronic Late Payers in the Freight Industry

Late-flight payments can affect carriers 'cash flows and pose operational difficulties for logistics and carriers. To maintain financial stability and strengthen client relationships, it is essential to effectively collect overdue payments. In this article, we'll discuss practical suggestions to speed up the collection process, cut down on delays

read more

The Most Common Freight Broker Scams and How to Prevent Them

For smooth operations in the freight and logistics sector, trust between carriers, shippers, and freight brokers is essential. Unfortunately, freight broker fraud is becoming more prevalent, and it's possible for these frauds to cost businesses serious money. Scammers pretend to be real brokers, evade detection, and disappear with unpaid bills, l

read more

Freight Broker Scams: Key Signs to Help Protect Your Business

Trust between carriers, shippers, and freight brokers is essential for smooth operations in the freight and logistics sector. Unfortunately, freight broker fraud is becoming more prevalent, and it's possible for businesses to suffer from severe financial losses as a result. Scammers pretend to be real brokers, falsify paperwork, and leave with un

read more

How to Prevent Unpaid Freight Invoices: Best Practices

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 can significantly alter business operations, cause stress, and negatively impact profitability. The goo

read more

Freight Bill Recovery: Steps You Should Follow

Unpaid freight bills can cause significant financial strain for any logistics or transportation company's cash flow. It's crucial to have a clear plan for recovering these payments if you're dealing with outstanding receivables from freight bills. Preventive and reactive measures are used to ensure you are paid what you owe without unnecessary de

read more