News - Saint John Capital

The Link Between Cash Flow Stability and Lower Driver Turnover Rates

Over 3.5 million people worked in the U.S. trucking industry in 2024. Of those drivers, 57.6% drive tractor-trailers as part of their jobs. Others run direct-to-customer, last-mile, or local routes. More concerning is that 20.7% of these drivers are Baby …

Using Factoring Analytics to Predict Cash Flow Issues Before They Happen

It’s been a month, and your client still hasn’t paid the $8,000 they owe you for the work you completed last month. You have bills to pay, but you don’t feel they value the work your truck drivers did when …

How Instant Pay Options Are Reshaping Cash Flow for Small Fleet Owners

What struggles does your trucking company face each month? Fuel, wages, insurance payments, equipment loans, rent, credit cards, utilities, and IT hardware and software eat into your funds. When you have clients waiting 30, 45, or even 60 days to …

Factoring as a Safety Net During Weather-Related Delays or Route Shutdowns

An early snowstorm took Vermont road crews by surprise and turned the interstate, main routes, and back roads into skating rinks. As tractor-trailers and other vehicles went sideways going down a notoriously tricky hill, the interstate came to a standstill …

The Impact of AI and Automation on Independent Trucking Operations

Just the words “artificial intelligence” send some people into a panic. AI isn’t going to end your job in trucking. It’s not going to take over routes and loads, leaving you jobless. What AI and automation do is support the …

Independent Truckers vs. Dispatch Services: Who Really Controls Your Cash Flow?

The Bureau of Transportation Statistics reports that the U.S. has approximately 1 million self-employed transportation workers. Truck drivers (heavy and tractor-trailer) account for close to 165,000 self-employed workers. Light trucks and delivery services account for 88,300 of these independent truckers. …

How to Spot a Predatory Factoring Contract Before You Sign It

Freight Waves reports that layoffs in the freight and manufacturing industries are impacting people across the nation. With big names like Amazon laying off tens of thousands, dairy producers like Hood and Saputo Cheese USA laying off or closing plants, …

How to Navigate the Top Cash Flow Challenges Independent Truckers Face

In the first half of October, six freight/shipping companies filed for bankruptcy. Among the most common reasons for their financial challenges are: Decline in freight volume Increased fuel costs Poor cash flow Rising insurance costs Unaffordable equipment loans Unpaid invoices …

Factoring for Specialized Freight: Refrigerated, Flatbed, and Hazardous Loads

Refrigerated, flatbed, and hazardous loads often have higher per-mile rates, but there’s a downside. If you look just at driver wages, studies find wages and benefits start at 84.7 cents per mile. Compare that to 81.7 cents per mile for …

Spot Market Truckers Can Benefit From Invoice Factoring in 2025

Trucking company owners or owner-operator businesses have two key options. You can work for a broker or shipper using long-term contract rates or spot rates. Spot rates are a one-time price used to move freight. As it’s a one-time job, …