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The Transportation Industry During an Election Year: What You Need to Know

Category Archives: Blog & News

The Transportation Industry During an Election Year: What You Need to Know

The transportation industry is a vital part of the economy. Without trucks driving freight across the country, items would never leave the docks and make it to retailers and warehouses. The supplies you purchase online won’t reach consumers. Truck drivers …

AI Revolutionizing Freight Factoring: Unraveling the Future of Financial Solutions

Some fear what AI will do, but others are embracing the benefits to be gained. In the U.K., bus companies have struggled to keep buses running on time due to traffic and other delays, which frustrates passengers as they never …

Riding the Waves of Change: Navigating Freight Factoring Amidst Current Economic Shifts

Since the pandemic hit, the economy has succeeded in some areas and not thrived in others. Federal interest rates (5.25% to 5.5%) are at the highest they’ve been since 2006 when they hit 5.25%. It’s not the highest it’s been. …

Line of Credit With Saint John Capital: Understanding Your Options

When you want to grow your business or keep your current trucking business afloat, a line of credit is one of the best ways to do this. There are secured and unsecured lines of credit, and there are different products …

Freight Factoring for Heavy Haul Trucking: Managing Specialized Freight

Heavy haul trucking is a specialized transportation sector for oversized and extra-heavy cargo. While it’s a critical sector of the trucking industry, it’s also one where careful planning and consideration must be taken to ensure there are quick solutions to …

API Services From Saint John Capital – Streamlining Your Bookkeeping Process

Trucking is a busy venture for more than your drivers. Your office staff has loads to schedule, routes to plan, permits and licenses to secure, and bills to keep up with. When you add invoicing, collections, and bookkeeping to the …

Non-Recourse Factoring and Credit Protection: Safeguarding Against Bad Debt

The economy depends on the sale of goods, and it’s the trucking industry that ensures those goods get to the consumer’s hands. Whether they’re picking up crates and pallets at ports, airports, warehouses, or manufacturing plants, truck drivers are crucial.  …

Freight Factoring and Government Contracts: Navigating Bureaucratic Processes

Trucking service providers often sign up to haul FEMA loads due to the higher pay rates. Before you enter into a government contract, make very sure you read the rules. FEMA’s Tender of Service Program is managed by a third-party …

Can My Company Afford Freight Factoring Solutions? Industry Economics

As a business owner, you’re weighing your options. You struggle to get bills paid on time, and it’s getting worse as brokers and shippers take too long to pay. Your best clients want to pay all invoices at once, on …

Debunking Myths About Non-Recourse Factoring: Clearing the Air

Factoring comes with options. There’s recourse, which means you’re repaying a cash advance if your client doesn’t pay an invoice. Non-recourse takes some of the pressure off by covering you in certain situations, such as a broker or shipper’s bankruptcy. …

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