Posted: Thursday, May 30th, in Non Recourse Factoring
When it comes to factoring accounts receivable, there are many things a carrier needs to take into consideration before deciding which program is best for them. For example: There are two types of factoring; Recourse and Non-Recourse.
Non Recourse Factoring
With the non-recourse factoring program Pay4Freight.com offers, they assume all credit risk. If your customer fails to pay the invoice due to a financial reason, i.e. cash flow problem, bankruptcy, or just close their doors, Pay4Freight.com will absorb the loss. However,
Posted: Tuesday, May 28th, in News
Diesel fuel rose again for the second consecutive week, to $3.89 a gallon, up by 2.4 cents, as reported by the Dept of Energy. Diesel had declined for the 10 weeks pioir to the recent increase as much as 31.4 cents during that time. Despite the increase, it is no 6.6 cents below the same time last year.
Diesel rose across all regions, with the largest gain in the West-coast rarea, where it rose by 3.9 cents.
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Posted: Thursday, May 23rd, in Company News
After over twenty years in the transportation industry and holding several consecutive executive management positions, Robert Beard, owner of Pay4Freight.com decided it was time to make a big change and become an entrepreneur. It is his dream to make small carriers' lives easier by creating a much simpler process among other competitors in the market.
Offering Flat Rate Programs With No Reserve
To start, he has done this by offering a simple flat rate program with no reserve. No long term contracts
Posted: Wednesday, March 13th, in News
If you’ve ever felt the pull of the open road, this is an excellent time to consider a truck-driving career. Trucking added the most jobs of any transportation sector in February 2013, increasing its employment by 5,600 positions, according to the U.S. Labor Department.
“There is no unemployment in truck driving. In fact, there’s a shortage of drivers,” said Ed Tanksley, general manager of Katlaw Driving Schools in Austell. “Trucking slowed down at the start of the recession, but
Posted: Wednesday, March 6th, in Trucking News
The trucking industry emerged unscathed from the House last month, where lawmakers opted for a funding stream that limited tax increases to unleaded gas. But Sen. Dick Mazza, chairman of the Senate Transportation Committee, said the tractor-trailers hauling freight share responsibility for the Vermont roads on which they travel. His committee is poised to ratchet up taxes on diesel by 2 cents this year and another 2 cents in 2014.
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Posted: Monday, November 19th, in News
GRANDVIEW, Wash. -- If you ever get nervous driving past a semi-truck, a high-tech web of gadgets could keep you safe.
You think your job is stressful? Try hauling a tractor-trailer across the state on little sleep.
"I want to protect my life just as much as anyone else, so I'm going to make sure to take care of priority number one," says truck driver Chris Foster.
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Posted: Saturday, November 17th, in News
SACRAMENTO (CBS13) – With companies like Hostess, Campbell’s, and Comcast closing down, some workers are now applying for jobs for the first time in decades.
One industry that’s booming is truck driving, a career that’s attracting young and old from all walks of life.
It’s been an emotional roller coaster for Roy Douglas, who lost his leg to diabetes and was forced out of his home.
“I sleep on my street in my van,” said Douglas.
All within the last two years, he’s has been trying
Posted: Tuesday, November 6th, in News
Retailers and grocery stores are among companies increasingly using dedicated-fleet services as a shortage of drivers constrains U.S. trucking capacity while the economy heals.
J.B. Hunt Transport Services Inc. (JBHT) and Werner Enterprises Inc. (WERN) are among carriers benefiting from an “accelerating trend” that’s helping to buoy the trucking industry, according to John Larkin, managing director in Baltimore at Stifel Nicolaus & Co. Dedicated-fleet services -- provided by a carrier that allocates a fleet of trucks to specific customers -- are “in vogue” because shippers want
Posted: Monday, November 5th, in News
There have been numerous occasions when I’ve been having coffee with other drivers and the conversation turned to safe driving. Trucker after trucker would try to top one another with their tally of miles or years driven without an incident.
It truly amazes me when I encounter a driver who has a million or more miles or 25 plus years of driving accident-free. These are outstanding accomplishments.
But aside from truckers sharing stories of their safety records — and let’s be honest, truckers
Posted: Wednesday, October 31st, in Trucking News
LINCOLN, Neb.—The parents of a couple who died with their children in a fiery chain-reaction accident in western Nebraska have filed a wrongful death lawsuit faulting three truck drivers and the transportation companies that employed them.
One of the drivers died in the September accident and another is facing manslaughter charges. The lawsuit alleges that truck driver, Josef Slezak, had been on the road for too long.
The lawsuit was filed late Monday in U.S. District Court of Nebraska by the parents
