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. Unreliable payment behavior is one of the main indicators of financial instability. Late payments, frequent requests for longer payment terms, or partial payments may indicate t
Tackling Non-Payment: Success Stories from the Freight Industry
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