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Showing posts from July, 2013

BENEFITS OF FREIGHT FACTORING

What is freight factoring? Freight factoring is simply the purchase of freight bills/accounts receivables, an essential financial tool for trucking and transportation companies.  Freight factoring eases the company's financial tension by funding their net 30-60 and even 90 day freight bills/invoices now - not when they're due. With factoring, you focus on what you do best; getting and delivering your loads, sales, customer service and growth, and the freight factor focuses on what they do best, factoring/funding your invoices, and assuring that your steady cash flow continues. With freight factoring, the strengths are in your receivables and the ability of the carrier or brokerage to generate eligible sales - not time in business or financial condition. And, with freight factoring you are not creating debt. Freight factoring releases cash to bring your business plans to life; grab new opportunities; invest in new equipment, meet payroll and other expenses, or simply negot

Transportation Job Opportunities For Our Veterans and Their Families

Our Military Veterans and their families currently have an opportunity to be trained for jobs in the transportation industry. The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration announced on Wednesday that there are grants available totaling almost $1 million which were awarded to six colleges across the country as part of their grant program.  The colleges are: Grays Harbor College in Aberdeen, Wash. ($131,041) Long Beach Community College District, in Long Beach, Calif. ($211,733) Orangeburg-Calhoun Technical College in Orangeburg, S.C. ($150,000) Lone Star College in Woodlands, Texas ($184,260) Century College in White Bear Lake, Minn. ($120,000) Joliet Junior College in Joliet, Ill. ($176,427) There is a high demand for commercial trucking jobs which is continuing to grow, and in fact, an additional 300,000 jobs are expected by 2020. To learn more about this and other opportunities available to our Veteran's visit http://www.dot.gov/ve