For protecting your business from potential losses and ensuring smooth operations, it is crucial to identify the signs that a freight broker may be financially unstable. Irregular payment behavior is one of the primary indicators of financial instability. Late payments, frequent requests for lon
Unpaid freight bills can cause significant financial strain for any logistics or transportation company's cash flow. It's crucial to have a solid plan for recovering these payments if you're dealing with outstanding receivables from freight bills. Preventive and reactive measures are
In the dynamic world of freight logistics, effectively managing receivables is essential to running a profitable and sustainable business. Effective receivables management promotes positive relationships with clients and partners as well as ensuring a steady cash flow. However, it can be difficult t