The U.S. Energy Information Administration posted the weekly numbers and we're happy to report them. Diesel prices continue to decline from $4.159 a gallon on Feb 25, 2013 to $4.088 a week later on Mar 11th, and down 0.35 from a year ago. These numbers suggest a positive outlook for US trucking and transportation companies, and with the uncertainties in the Europe economy and below market expectations from China, crude oil prices may continue to decline.
Freight factoring is the purchase of accounts receivables and ideal for trucking companies that typically bill their customers on credit terms of 30 to 90 days, it is designed to eliminate the cash flow problems associated with aged receivables. For more information visit: https://www.1sttruckingfactoring.com/