The Effects of the Waabi and Volvo Autonomous Truck Partnership on Freight Factoring

News came out in February 2025 that Volvo Autonomous Solutions (VAS) and Waabi formed a partnership to improve the world of autonomous trucking. Pairing Volvo’s autonomous trucks with Waabi’s next-gen AI solutions, the trucking industry’s about to change. How will …

People need truck drivers to get items they order. Whether that driver is going from one of the key ports of entry to a company’s warehouse or traveling from a warehouse to a store or manufacturing plant, truck drivers are …

Getting paid on time and having the freedom to take on different clients is essential in the trucking industry, yet both can be hurdles for brokers and truckers to overcome. That’s where freight factoring comes in, but there’s been questions …

On February 1, 2025, the new president initiated changes to the de minimis exception, a threshold that simplifies the entry of goods into the United States. Per the de minimis exception, goods with a value under $800 were allowed per …

Back in 2020, several trucking acts passed, and some have been revoked or amended. The U.S. Department of Labor’s Employee or Independent Contractor Classification rule was scheduled to become effective on March 11, 2024. A final rule was issued requiring …

Last October marked the nation’s first Freight Fraud Awareness Day. Lawmakers are also working hard to prevent trucking company owners and drivers from being victims of fraud. We hope that the Household Goods Shipping Consumer Protection Act passes this year, …

The Federal Motor Carrier Safety Administration developed the Drug & Alcohol Clearinghouse to provide employers and other officials with real-time information regarding a person’s information regarding violations involving impaired driving or failure to complete DOT programs after a violation.  It’s …

It’s been rough for two years, and hopes are that 2025 will bring much-needed life to the freight industry. For some freight brokers, it’s a little too late. Over 3,100 freight brokerages shut down in 2024, and that’s on top …

Factoring is a service that’s been around for thousands of years. It goes back to the Code of Hammurabi in Ancient Babylonia where merchants used an agent to manage their trade finances. Factoring has come a long way over the …

Did you know that freight factoring can keep you from crippling debt? We recently found three statistics that every business owner should know. 75% of small businesses receive payments an average of eight days past the due date, and services …