What Is a Notice of Assignment?

What Is a Notice of Assignment?

When you assign your receivables to a factoring company in the trucking industry, you agree that your client payments go directly to the factor. The factor ensures that you are paid for each freight you deliver and on signing, they send your clients a notice of...
Understanding Your Commercial Truck Insurance Costs

Understanding Your Commercial Truck Insurance Costs

Your trucking insurance protects your assets and impacts your bottom line. Understanding truck insurance rates and how to make your policy work for you can help minimize costs while ensuring you remain protected. Factors Influencing Owner-Operator and Truckers’...
Truck Factoring FAQs

Truck Factoring FAQs

If you’re an owner-operator, trucking business, or broker considering invoice factoring, you may have questions about how freight factoring works, what it costs, and how it affects your day-to-day operations. When you partner with a factoring company that you can...
Driver Retention Strategies for Logistics Professionals

Driver Retention Strategies for Logistics Professionals

Your business spends time and money training new drivers to become the valuable personnel you need. Keeping those experienced drivers on board will help you maintain high productivity and reduce hiring expenses. An investment in driver retention is an investment in...