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 at th
Steps to Take Before Signing a Freight Broker Agreement
The foundation of relationships between carriers and brokers is formed by 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 aspec
From Payment Plans to Profits: Strategies for Effective Receivables Management
In the dynamic world of freight brokerage, ensuring timely payments is more important than just ensuring cash flow; it is also important to maintain the core of the company. The lifeblood of the engine keeps the wheels turning smoothly, fostering trust among all parties involved, and allowing for further growth opportunities are timely payments.