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By Steven Hausman, CEO, Advance Business Capital Welcome to “Factoring 101,” your continuing online education in the nuts-and-bolts of freight factoring. All of our lessons are bite-sized chunks of information you can read and digest in a few minutes. This … Continue reading
Today, forty percent of the trucks on the interstate are either partly empty or deadheading to the next load. We truckers call that ‘hauling sailboat fuel.’ Every mile a truck is driven costs money, whether loaded or not. The best … Continue reading
Wondering why your shippers are paying more and more slowly? It’s possible they’re having to deal with the huge companies, like Proctor & Gamble, resorting to all kinds of ‘delayed payments on invoices’ to keep their cash flow streaming. But … Continue reading
You read that headline right – Kenworth has actually been around that many years, and they’re celebrating all during 2013. If you don’t drive a Kenworth, you may not know there’s an online magazine that has information on their trucks … Continue reading
By Steven Hausman, CEO, Advance Business Capital This is the nineteenth lesson in our series on freight factoring for truckers. Before we begin, though, let’s review our transportation factoring basics. Invoice factoring is a way of getting money without borrowing. When … Continue reading
Transport Topics Online has an opinion piece by Transportation Intermediaries Association CEO Robert Voltmann that examines motor carriers rebrokering freight without having separate broker authority and concurrent bond. It’s an in-depth piece for a complicated issue. Read the entire article by … Continue reading
Got teens at home? Then give them the benefit of your professional driving experience, and teach them how to drive safely around eighteen-wheelers. Even though teens don’t make up a large percentage of drivers, they do form an alarmingly high percentage … Continue reading
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