I71 and I-75 merge together briefly at Cincinnati  Ohio and then pull back apart 20 miles later in Northern Kentucky.  The Brent Spence Bridge collects these two interstates in Cincinnati and then funnels them together across the Ohio River.   This confluence in Cincinnati represents not only the gateway to the south but also a choke-point [...]

In the process of qualifying a new client for a new freight factoring account, we will pull credit on both our clients’ customers, also called the debtors; as well as the credit history of all principal owners of the clients’ business.  Most clients understand why we are pulling the credit of the debtors, because after [...]

It is hard to walk down the street without having to endure some news about the impending doom known as the Fiscal Cliff. The purpose of this post is not to rehash in excruciating detail what the Fiscal Cliff is but to offer a perspective on how it impacts the trucking and logistics industries. The [...]

California, the bastion of state governmental interference regulation,  will see compliance to the Transport Refrigeration Unit (TRU) updated to include all model year 2005 and older units as of 12/31/2012.  The  regulation has been in existence since 2004 but the end of year year sees newer models fall under the regulation. For a better understanding of this [...]

The Fort Wayne Journal Gazette published an article recently about how the impact of driver shortages has led large shippers, particularly in retail and perishable food to look closer at having dedicated fleet services.  Stores Favor Dedicated Fleets points out that constraints on supply chains have pushed large shippers towards dedicated fleet services to ensure [...]

I signed a client this month that was using his local community bank to cash flow his business.  They had done a great job over the past few years but after his business doubled in sales the bank was unable to extend the credit he needed to grow even more.  This has become much more [...]

We take freight factoring sales calls every day and receive a huge array of freight factoring questions.  Here are some quick answers to our most popular questions:     Q: What are your factoring fees? A: Rates will vary based on volume you want to factor.  As a general answer our clients will range in [...]

When Non-Recourse Turns to Recourse I receive phone calls every day from clients in search of a great freight factoring program.  And I would bet that 1 out of every 3 calls I receive asks me if we do non-recourse freight factoring.  It’s a great question to ask and certainly something you need to research, [...]

The reason truck factoring has become more popular is mainly because in today’s economic climate trucking companies need to have strong positive cash flow to keep their trucks on the road.  Having unpaid bills increasingly being settled 30-60 days down the line robs you of that cash and truck factoring is a solution that makes [...]