Nearly 60% of the 168 freight brokers surveyed by financial enablement platform Denim indicated they still pay carriers and shippers with paper checks, despite over two-thirds (68%) saying eliminating ...
If the old saying is true, owner-operator and small-fleet businesses that make it through to the other side of the current freight environment, declining for the better part of a year, will be as ...
When broker AGX Freight shuttered, it left hundreds, maybe one thousand carriers unpaid and with its receivables pledged to a bank. It's something AGX CEO Mike Williams said he "absolutely" regrets, ...
Relay Payments is to start offering a freight payment option specifically targeted at brokers called RelayDirect, the company said Oct. 17. RelayDirect allows brokers to automate their carrier and ...
Double-brokering freight fraud is a major concern for shippers, carriers and logistics providers worldwide, costing the industry around $100 million per year. This type of fraud occurs when a freight ...
[Stay on top of transportation news: Get TTNews in your inbox.] The freight market volatility of the past few years has created an even greater need for carriers and brokers to strengthen their ...
Extended payment terms are squeezing carrier cash flow. Here are some practical ways fleets can stay liquid without ...
Becoming an owner-operator can be both exhilarating and scary. While you can enjoy operating your own business without having to answer to an employer, you'll also need to worry about obtaining loads ...
Over two-thirds of carriers and shippers told Denim that eliminating paper checks would improve their business operations, according to Denim. Nearly 60% of the 168 freight brokers surveyed by ...