Fleet managers who haven’t given much thought lately to freight factoring may be missing out on new ways that have emerged to leverage this financial instrument to boost operational efficiency. Mike ...
Freight factoring is on the upswing this year as traditional banks apply stringent lending standards and truckers who are most likely to sell invoices benefit from a robust spot market, industry ...
For freight and transportation companies, steady revenue streams are vital. Particularly for carriers with fleets of equipment and full-time employees, operating expenses are never-ending and can ...
Love’s Travel Stops has made its single biggest acquisition in the factoring business by scooping up three companies in a ...
Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...
Cash flow can make or break a trucking business. Freight factoring has emerged as a financial lifeline for carriers of all sizes, offering a way to turn invoices into immediate working capital. By ...
National trucking firms strengthen capabilities for fleets with expanded services, AI-driven operations, and added financial solutions.
It helps boost cash flow, but carriers need to do their homework before fully jumping into a freight factoring arrangement. Many trucking companies – especially small to medium-sized carriers – use ...
DALLAS, July 08, 2020 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) (the “Company”) announced today the close of the acquisition of the transportation factoring assets of Transport Financial ...
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