For protecting your business from potential losses and ensuring smooth operations, it is crucial to identify the signs that a freight broker may be financially unstable. Irregular payment behavior is one of the main indicators of financial instability. Late payments, frequent requests for longer payment terms, or partial payments may indicate th

Introduction IntroductionFreight brokers serve as intermediaries between shippers and carriers in the logistics and transportation sector. Carriers rely on brokers to deliver consistent loads while shippers rely on brokers to find trustworthy transportation for their goods. However, understanding the duties and operations of freight brokers can a

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 negative cash flow. Although preventive measures like thorough vetting of business partners and detailed contracts are always good, there may still be ti