The collection of outstanding freight receivables is essential to running any logistics or transportation company's financial health. Delay-intentional payments can affect cash flow and negatively impact operations, so it is crucial to take action on overdue accounts quickly. Reviewing the terms of the agreement with the customer is the first st
Freight Brokers and Their Role in Handling Urgent Shipments
In the logistics and transportation sector, a freight broker acts as a bridge between shippers and carriers. Their main purpose is to facilitate the movement of goods by connecting trucking companies or other transportation providers capable of delivering goods to those that need to ship them. This crucial service ensures that goods arrive safel
Freight Broker Bankruptcy: The copyright’s Guide to Recovering Payments
By facilitating communication between shippers and carriers, freight brokers play a crucial role in the transportation sector. However, having a freight broker file for bankruptcy and owes you money can put you under a lot of strain, especially if you're a copyright and waiting for unpaid freight bills. Understanding the legal process and the ste
Freight Broker Bankruptcy Filing: What Happens to Your Unpaid Invoices
By facilitating communication between shippers and carriers, freight brokers have a significant role in the transportation sector. However, having a freight broker file for bankruptcy and owes you money can put you under a lot of strain, especially if you're a copyright and waiting for unpaid freight bills. Understanding the legal process and th
Legal Recourse for Unpaid Freight Bills
Unpaid freight bills are one of the many difficulties facing freight companies. A client or broker's inability to make payments on time can have an impact on your company's operations and result in negative cash flow. Although preventive measures like thorough vetting of business partners and detailed contracts are always good, there may still be