It is crucial to recognize warning signs that a freight broker may be financially unstable in order to safeguard your company from potential losses and ensure smooth operations. Irregular payment behavior is one of the primary indicators of financial instability. Late payments, frequent requests for longer payment terms, or partial payments may

Running a successful logistics or freight business requires avoiding unpaid freight bill scenarios. Businesses must take proactive measures and establish strong practices from the beginning to reduce the risks associated with dealing with non-payment. Conducting thorough background checks on potential customers or freight brokers is the foundatio

Effective receivables management is necessary for maintaining financial stability and optimizing operational efficiency in the fast-paced world of freight brokerage. Traditional methods for managing receivables included manual data entry, paper-based invoicing, and labor-intensive reconciliation processes. However, with the development of technol