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 ...
There are many factors that contribute to the factoring rate a company offers you. One of the most significant benefits of factoring for many carriers is that they consider the creditworthiness of ...
Accounts receivable (A/R) insurance protects trucking companies against the risk that a customer won’t pay their invoices.
We speak with a number of logistics experts to capture their views on the overall impact that e-commerce is having on moving the nation’s freight. One thing is for certain: The… 2023 Parcel Express ...
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 ...
TCS champions blockchain disintermediation of freight invoice factoring, ensuring fast liquidity and removing expensive intermediaries from supply chains. Imagine waiting months to receive your ...
Covenant Logistics Group, Inc. is selling its factoring business for $132.2 million to help cut the overall debt for the Chattanooga-based trucking giant. The deal announced Wednesday is expected to ...
Love's Financial (Love's), a member of the Love's Family of Companies, has acquired two freight factoring companies: Vero Business Capital of Memphis, Tenn., and Foley Business Capital of Omaha, Neb. ...
CHATTANOOGA, Tenn., July 08, 2020 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant”) today announced the sale of the transportation factoring assets of its Transport ...
33rd Annual Study of Logistics and Transportation Trends: Puzzling path forward Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory ...