The foundation of relationships between carriers and brokers lies in freight broker agreements, which set the payment terms and conditions. Important clauses in these agreements can be overlooked or misunderstood, which could lead to delays in payments, disputes, or even financial losses. In this article, we'll examine the most important aspects o

Unpaid freight bills are one of the many issues that freight companies face. A client or broker's inability to make payments on time can have an impact on your company's operations and result in adverse cash flows. Although preventive measures like thorough vetting of business partners and detailed contracts are always good, there may still be ti

Effective receivables collection is necessary for maintaining business operations and ensuring financial stability in the dynamic and competitive world of freight logistics. However, it can be challenging to collect outstanding payments from clients. In this article, we'll look at successful receivables collection initiatives in the freight indu

Effective receivables collection is necessary for maintaining business operations and ensuring financial stability in the dynamic and competitive world of freight logistics. However, it can be challenging to collect outstanding payments from clients. In this article, we will look at successful receivables collection efforts in the freight indust