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.
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/