In the logistics and transportation sector, a freight broker acts as an intermediary between shippers and carriers. Their main purpose is to facilitate the movement of goods by connecting trucking companies or other transportation providers capable of delivering goods to those that need to ship them. This crucial service ensures that goods arrive
Legal vs. Practical: How Long to Wait for Broker Payments
In the logistics and transportation sector, freight brokers serve as intermediaries between shippers and carriers. Issues can still arise when payments are delayed, which can put on extra costs for carriers. To effectively manage your cash flow and safeguard your business, knowing how long to wait before filing for legal action is crucial. The c
Freight Broker Lawsuits: When to Get a Lawyer Involved
In the logistics and transportation sector, freight brokers act as intermediaries between shippers and carriers. Issues can still arise when payments are delayed, which can put on extra costs for carriers. To effectively manage your cash flow and safeguard your business, knowing how long to wait before filing for legal action is important. The co
A Freight copyright’s Guide to Addressing Payment Delays
Unpaid freight invoices are more than just a nuisance; they can have a significant impact on your business 'cash flow, operations, and overall health. Moving past due payments causes more financial problems and lessens your ability to recover owed money. In this article, we'll explain why prompt action is necessary for unpaid freight invoices and
How Freight Brokers Can Improve Cash Flow and Avoid Payment Delays
Fragmentation and communication between carriers and shippers is a crucial part of freight brokers 'job, which ensures the smooth flow of goods across the supply chain. Delay payments are a common issue in the freight industry, though. Many freight brokers experience payment delays, which are frequently brought on by cash flow issues. Carriers a