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 ...
You delivered the load. The BOL is signed. The POD is in. The job is done. And now you wait — 30 days, 45 days, sometimes ...
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 ...
A significant drawback of establishing motor carrier authority and relying on brokers -- particularly brokers with whom you have only scant history of doing business -- is the risk of nonpayment.
The Federal Motor Carrier Safety Administration has published a final rule tightening financial responsibility requirements for brokers and freight forwarders in an attempt to cut down on fraud 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 ...
Factoring has evolved into something far more significant than quick cash. It enables liquidity, professionalizes billing, vets transactions and streamlines broker payables.