Is the transportation sector bracing for higher energy costs? Stricter emission regulations may be one of the causes and industry experts are concern that uncertainties on energy policies may hinder the recovery of the global economy. The concerns of the U.S transportation sector with higher energy prices due to government regulations are well founded but we expect that the US and EU regulatory agencies will continue to work together to cap costs or start implementing policies to help reduce energy prices in order to avoid a much greater crisis that would affect the average consumer and the global recovery.
Why freight factoring is so important to a carrier? Freight factoring is the blood flow of cash flow, a carrier to remain competitive and operate successfully must offer credit to its customers, typically 30 to 90 days, so this is cash that the business will not receive right away, so how can the business operate having to wait that long for their payments, well, freight factoring? With factoring, the trucking company sells its outstanding invoices to a factoring company right after the invoice is issued, providing the carrier with the necessary cash to continue operating without a cash flow shortfall. https://www.1sttruckingfactoring.com
It's the problem that can affect us all.
ReplyDeleteI hope it will be resolved.
ReplyDeleteThese should be read by everyone.
ReplyDelete