For carriers and shippers, working with a trustworthy freight broker is crucial. However, non-payment, disputes, or even late payments can put your business in jeopardy. A practical and effective way to assess potential freight brokers 'financial stability and payment reliability is to conduct a credit check on them. In this article, we'll talk a
Best Practices to Ensure On-Time Freight Payments
To maintain cash flow and ensure smooth business operations in the freight and logistics sector, getting paid on time is crucial. 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 processes, cause stress, and negatively impact pro
What to Do If a Freight Broker Owes You Freight Payments
In facilitating the smooth movement of goods across the nation, freight brokers play a crucial role in connecting shippers and carriers. However, things sometimes do n't always go according to plan, and freight brokers sometimes default on payments to shippers or carriers. Unpaid freight bills or delayed payments can put a lot of strain on your b