Transportation Industry in Pain

Those of you who are in the transportation industry are very aware that things are a bit bleak lately. We have even seen it with the clients we service. Unfortunately, some are closing shop because they can't find loads.
Many are also seeing tougher payment terms form their clients, which is why they are using freight bill factoring. However, while freight factoring can do wonders for your cash flow, it won't help if you can get loads...
If it's any consolation, I think that things will start looking up in the next few months. You can read about that here. In the meantime, if you are looking for invoice factoring, please keep us in mind.
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Interested in invoice factoring? Read the invoice factoring blog to learn more.
Labels: transportation

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