Any business can experience stress and difficulty when dealing with a freight broker who defaults on payments. In order to recover your unpaid receivables and safeguard your financial interests, it is crucial to act quickly and strategically. Gathering all the necessary documentation necessary for the transaction is the first step. This includes
Navigating Freight Broker Agreements: A Shipper’s Guide
In the logistics and transportation sector, freight broker agreements are crucial documents. They list the terms and conditions that freight brokers must adhere to in order to coordinate shipping between shippers and carriers. By clearly defining their rights, obligations, and liabilities, these agreements are intended to protect all parties invo
Behind Schedule: Identifying and Addressing Client Payment Delays
Maintaining healthy cash flow is essential for running the freight business and boosting growth in the industry. However, understanding the complexity of a client's payment behavior can be challenging because delayed or non-payment can have a significant impact on a company's financial stability. In this article, we will examine methods for ident