Category Archives: Blog & News

How Dynamic Discounting Can Benefit Trucking Businesses

Trucking company owners operate on tight margins. There are only so many hours in a day, and you have to be competitive. You can’t take on more work if you’re already on the road for the maximum number of hours …

How to Avoid Invoice Factoring Scams

Trucking companies need a strong, steady cash flow to stay ahead. It’s the key to being competitive, but it’s also difficult when the brokers and shippers you work with take a month or two to pay invoices. Freight factoring is …

How Electric Trucks Could Change Freight Factoring in the Near Future

While guidance changed and now the rush to convert to electric trucks isn’t quite as urgent, there’s still a pressing need to convert buses, delivery vans, and heavy-duty trucks to EVs. Heavy-duty trucks account for 3% of the trucks on …

Preparing for Potential Regulatory Changes: Freight Factoring Tips for Trucking Businesses

So much can happen in one year that impacts the trucking industry. Fluctuating fuel prices, even small shifts, can strain a tight budget. Driver shortages and fierce competition to attract the best talent add to the struggles, but that’s not …

How to Maximize the Value of Your Freight Factoring Agreement

Saint John Capital has witnessed the importance of having an immediate cash flow within the trucking industry. Whether you’re an owner-operator or large fleet owner, having to wait 30, 60, or 90 days before payment is both stressful and detrimental …

ELD Exemptions and Freight Factoring: What Fleets Need to Know

Trucking fleets experience challenges every day. Some are easily resolved, but others take careful planning to avoid. The price of diesel and gas fluctuate, parts for necessary repairs may not be immediately available, and deliveries may be delayed due to …

Gaining a Competitive Edge: How Same-Day Payments Can Set Your Trucking Business Apart

Threats of high tariffs that drop the number of ships coming into ports and ever-changing fuel and maintenance costs make it hard to build a strong cash flow. It’s worse in the leaner months when purchases slow down between holidays …

Our Top Tips for Hiring and Keeping New Truck Drivers

Over 55 million tons of freight move around the U.S. every day according to the Bureau of Transportation Statistics. All of this requires one of the hardest working groups that has workers in every state – truck drivers. When it …

The Role of Freight Factoring in Supporting Minority-Owned Trucking Businesses

The trucking industry sees plenty of ups and downs. It’s also a tough business where you can go weeks or months between doing the work and getting paid. Financial stability is everything when it comes to making it in the …

How Freight Factoring is Reshaping the Trucking Industry Amidst Market Growth and Economic Shifts

The trucking industry is the backbone of the economy, and it’s facing a lot of fluctuations right now. Tariffs are part of the problem, but consumer spending has shifted. After Target canceled its DEI programs, the store saw a decline …