How To Sign Up For Freight Invoice Factoring

What do you know about freight invoice factoring? It’s a beneficial service where you get immediate payment for loads you’ve picked up and/or delivered. Instead of waiting weeks to get money for your unpaid invoices, you get the payment that …

Do you know how freight factoring for trucking works? It’s a process where a company pays you a portion or all of the money a broker or shipper owes you, but you don’t have to wait weeks for payment. You …

Ask truckers how long it usually takes them to get paid for the loads they haul, and you’ll hear 30 days. Sometimes, they get paid as quickly as two weeks, but the norm is monthly. That’s an ideal situation. You …

At the beginning of March, the average diesel fuel price was $4.849 per gallon. Towards the end of the month, it was $5.139. This is almost $2 more per gallon than a year ago. Some areas experience pricing that’s well …

You’re going out on your own. As an owner-operator of your own trucking company, you want to make money in the quickest, most effective manner. How do you ensure you’re going to turn a profit? Make sure you’re finding high-paying …

Per Progressive’s commercial insurance division, owner-operators in the trucking industry make an average of $141,000 gross per year. That’s a significant increase over the average wage of a driver ($47,130). But, you have to factor in the operating and maintenance …

Have you considered the benefits of a business loan? You want to grow your business, but it seems risky to take out a loan. If you carefully choose your loan terms, a business loan is one of the best ways …

What types of credit cards work at truck stop gas pumps? Most do, but how well they suit your company’s needs will differ. Credit cards with major branding from American Express, MasterCard, and Visa work well at most pumps. Cards …

Your goals in 2022 are to become your own boss. Per the U.S. Bureau of Labor Statistics, the average wage for tractor-trailer truck drivers in 2021 was $22.66 per hour. For owner-operator driver salaries, Indeed reports an average hourly wage …

It’s your goal this year to maximize your loads. You need revenue growth to afford to give your drivers raises and invest more into your trucking company’s growth. What are the best ways to get bigger profits from your loads …