How Much Money Do Truck Drivers Make? Feb20

How Much Money Do Tr...

Tweet Unlike other careers with a set salary, Truck Drivers are typically paid a set rate per mile that they travel, not for how long they work. That rate varies depending on the years of experience the driver has, the region where they drive and the company they drive for. According to the...

Logistics Solutions Feb16

Logistics Solutions

TweetDefinition of a Freight Broker – A freight broker is a company or individual who acts as a middle man between the transport service provider and the customer. Freight brokers do not actually provide the truck or the shipping, but instead, they provide essential services that will help...

What is a Load Board? Feb13

What is a Load Board...

TweetA load board is usually hosted online. Users of the specific load board pay a subscription to log into the load board to post loads or post empty trucks in order to either cover their freight or get their truck loaded. The load board facilitates communication between broker, shipper, and...

What is Quick Pay? Feb11

What is Quick Pay?

Tweet Some brokers offer quick pay on their loads. “Quick pay” is when a broker advances the trucking company funds for an invoice in exchange for a small fee. Quick pay is convenient because both the dispatched load and pay come from the same source. In addition, most brokers can get the...

What is Freight Factoring? Feb08

What is Freight Fact...

TweetFreight factoring (aka trucking factoring) is a form of invoice factoring that allows trucking companies, including owner-operators, to turn unpaid invoices into immediate cash. It’s common for a trucking company to use freight factoring to cover cash flow gaps while they wait to be...