Categories
Freight Factors

A Trusted Name in Freight Factoring

With the economic uncertainty today, getting the payment for the work you have done is really important. The easiest and the safest way to get the payment in the trucking industry today is through factoring. When considering freight factoring let us discuss the factoring services by 1st Commercial Credit LLC. This is the most reliable and best factoring services providing company in the United States.

A brief on what freight factoring is? Freight factoring is basically for the truckers or the trucking business. These truckers can immediately get the payment after completing their work through freight factoring even if the shippers who are using the trucking facilities have not paid the shipment charges. The freight factoring company releases funds for the carriers by purchasing invoices of the shipping company. Therefore, the interruption of cash flow is avoided for the survival and growth of the trucking business.

Choosing 1st Commercial Credit LLC as the Freight Factoring Company for You

Logistics and Freight Factoring have become so popular that you can easily get a good factoring service online. Online freight factoring company provides fast and efficient processing with minimum paper work. This way you save both time and money.

1st Commercial Credit is an online freight factoring company providing financial assistance to many owner operators, small and medium fleet businesses. The company is the largest of its kind providing varied asset based financial services such as equipment leasing, freight factoring, inventory financing and purchase order funding for new as well as old businesses.

1st Commercial Credit is expert in judging the capacity of your business and the long haul charges according to it. The company will provide funding for the fuel, maintenance, repair and other related charges of the trucks being used. This will avoid taking loans for such issues by the small businesses and owner operators. With the factoring and financial services by 1st Commercial Credit, the truckers will not suffer loss when the payment is delayed by the shippers.

1st Commercial Credit doesn’t require any financials and provides the factoring facility at a very affordable rate of 1.59% for 30 days for all sized trucking companies. The company provides free credit checks and facilitates the credit checking with in 15 minutes for new loads. There are no administration charges and application fees when you transact with 1st Commercial Credit. Broker and customer references are also provided on request. The initial funding is set up by the company in just 3 to 5 working days. The company would provide same day funding to the shippers and brokers who are already credit approved. Containerized freight and Intermodal hauling is also factored by the company.

Thus we see that 1st Commercial Credit is the company that knows in and out of the trucking industry and can assist in providing cash flow to your business instantly. Your long stuck freight bills can now be cleared within 24 hours and you can also indulge to haul more loads with increased cash flow. The factoring service of this company can be availed for businesses with just 1 truck to the one with more than 2000 trucks. The factoring amount per month ranges from $5000 to $10 million.

Categories
Business

Quick Transport Solutions

QuickTSI offers its customers a valuable means of out-sourcing their transportation. QuickTSI can act as an extension of your company’s carrier logistic management program streamlining your work and lowering your business costs. QuickTSI expertise lies in ensuring your freight is delivered on-time, every time.

Our mission is to provide our customers with the highest level of service and professionalism. QuickTSI offers new solutions for today’s logistic challenges. At QuickTSI, we’re changing the way companies look at transportation with service that meets your needs today…and tomorrow.

Our corporate vision is to provide excellent service to our customers and make sure the truckload and LTL freight we are managing delivers on time. We always explore innovative ways to lower your freight costs. Our market focus is the larger volume full TL (TruckLoad) and LTL(Less Than Truckload) shipments. Our commitment is to maintain the highest possible standards of service in every aspect of our business.

Commitment to Quality: The quality of the service that Quick Transport Solutions offers is the key factor in our continued success. Our commitment to quality is reflected in our highly committed team, who serve customers that are looking for the highest quality in terms of relationships and requirements. We believe that, in a fast changing transportation industry, our customers need a safe pair of hands into which they can entrust their business. Our forward-looking and dynamic approach means that we never stand still. We constantly review and develop our services to match our customers’ needs and expectations.

Quick Transport Solutions Phone 510-887-9300

Quick Transport Solutions Fax 510-280-7284

Dispatch: [email protected]
Billing: [email protected]
Sales: [email protected]
General: [email protected]
Categories
Business Lifestyle

TruckerTwotimes

Great source for trucking news and information from a real owner operator.

Visit: http://www.truckertwotimes.com/

Facebook: http://www.facebook.com/pages/The-TruckerTwotimes-Show/132032359484?v=wall

Categories
Business Freight Factors

Factor with Freight Check

Freight Check is the company that aids in freight factoring. The company provides fast and reliable solutions in the line. The professional and well trained staff at Freight Check makes the freight factoring experience for you a pleasant one. There are a number of features that make Freight Check shine among its competitors:

1.       Freight Check holds expertise in serving Small Trucking Companies and Owner Operators. It helps the newly started company to get introduced to new reliable brokers; they will provide the required credit to take care of the initial start up of the business. An accountant service can also be availed to maintain your business accounts. The online credit check and reports help you to control everything that is factored.

2.       The cash requirement is met immediately with the same day funding feature by the Freight Check. When the bill is purchased the complete payment against the bill is done, unlike other factoring companies which hold the part of the funds in reserve account. The fee applied for bills purchasing is same for all the bills and the money against the bills is deposited to the Comcheck directly or over the phone.

3.       The Freight Check provides you with your Comchek cards for free. This card can be issued to your company or your truck drivers. The card will help you keep track of all the transactions that are done with the card like ATM withdrawals, debit transactions, phone calls etc.

4.       The company provides you the flexibility to choose a certain broker of which all the freight bills are automatically factored by the Freight Check in future, unless you stop the process. The Account Management center of this factoring company also provides credit information of all important brokers so that you can be aware of the broker you will be hauling for.

5.       There is no minimum and maximum limit that should be factoring every month.

6.       The Freight Check also provides complete administration support such as correspondence, invoicing, fuel cards entry, accounts and reporting.

7.       There is no close ended contract like for 6 months or 1 year when you use the Freight Check factoring services.

8.       No debt is created only the amount equal to the bills receivables is paid to you. The process only helps you get your money quickly and there is no need for owner operators to wait for 30-60 day periods.

9.       The factoring service is non-recourse.

How to avail the factoring service of Freight Check?

The quick and efficient way to get the funds receivable in your hand within the same day you submit your freight bills is now possible through Freight Check. You can submit your freight bills by simply opening an online account. The user Id and password will be provided to you upon registration. Whenever you want to use the factoring service of the company simply login with the credentials to the Account Management Center of the company. The center will track all the information of your account. You can submit an online factoring application by selecting the particular broker after the delivering of load. You will be funded the full amount same day with the Comchek card.

Use our loadboard for further information on factoring services and owner operators jobs information

Categories
Freight Factors Freight Loads

Interstate Capital Corp: Freight Factoring Services

If you are in to some trucking business then this article will help you a lot to improve your business skills and business itself. Most of the times the cash flow of the shipping and trucking industries gets interrupted because they wait for the payment which is to be paid by the enlisted companies who utilize their services. So to avoid this interruption of cash flow freight factoring is utilized.

In freight factoring the truckers are immediately paid after they have completed their work. And this payment is not concerned with the payment of the shippers for which they are actually working. The freight factoring companies like Interstate Capital firstly purchases the shipping company’s invoices and then releases funds for the carriers. Shipping companies then pay to their invoices within 30 to 40 days. The owner operators in the trucking companies keep repairs, salaries, maintenance and fuel in their minds because these are the most vital expenditures of any trucking company. And these expenses are needed to be full filled regularly after a particular time interval. Utilizing freight factoring can help you to get the payment on time to full fill all these basic expenses
Now days this freight factoring facility is also available online you can utilize facility of freight factoring by simply getting an access to the internet. You have to invoice your trucking company with the freight factoring facility providers online and they will pay you the amount immediately. Among this freight factoring providers’ one name is “interstate capital”, which is a reliable online factoring facility providing company.
Interstate Capital provides categories of freight factoring facility depending on the size of the business and automobiles used for shipment or utilized in business. They also provide fuel advances up to 40 % which helps to manage the expenses of the trucking company. Factoring rates per invoice starts at as low as 0.49% per invoice. They will mail you the invoices regularly so that you must be informed. The company provides 24/7 access to the invoice records and reports through an efficient online system. Freight factoring is more reliable than taking loans, because of the fact that the Interstate Capital charges according to the payer’s payment scale and then makes their decisions. And it is very easy to get factoring as compared to getting the loan for your business because while getting loan you have to full fill certain formalities, while Interstate Capital online proposal takes just 2 minutes. And it takes only 3 business days to fund the freight companies.
While availing the freight factoring facility, Interstate Capital provides you with the professional services of preparation of the invoices, their postage and collection. The company also provide you funding without considering the original bill of shipment and the fund transfer is also online, so it is completely electronic, which is the need of recent times. The payment is posted every day on time with out any delay. There we see that Interstate Capital gives fast and efficient solutions for the smooth running of the trucking business.
Get more of information on freight factoring at our Freight Load Board.

Categories
Carriers Newbies

An Insight to Truck Driving Jobs!

Freight and logistics related jobs from the trucking industry are the most sought-after jobs in the United States. The reason for such jobs being in demand is the trucking industry in the United States today is expanding enormously. The job does not involve just the delivery of goods and materials, but the drivers have to be really skillful to perform the truck driving job. As there is a high requirement for skilled workers in this field the jobs in this sector are high-salaried jobs. With the new inventions and innovations taking place each day around us, the traditional truck also changing for the betterment.

There is a complete tie up between the owner operator and the driver. The owner operators are always in need of the skilled driver because they need to handle this very responsible work of handling heavy trucks and delivering the goods to their clients on time. For this they need to reply only on the experts. They are willing to pay good salary for getting an expert in the field. In turn truck drivers will work hard to deliver their best results so that they can provide highest delivery solutions for present consignment and make the relations between the parties good for future business too. The truck drivers also work for handling the truckloads to get an extra income. Both have to work hand in hand for complete collaboration and the benefits of each other.

Some other perks enjoyed by the truck driver to make their occupation a little more lucrative is that the trucking companies sometimes allow the family of the truck driver to visit them at the place of their work.  The industry will provide the driver with some allowances like medical benefits, insurance and safety. Modern trucking system will include all the equipment and tools needed to complete the journey for the delivery of goods, especially in the case of liquids or hazardous chemicals. These days’ truck drivers are provided with GPS tracking device which will help you to find your location and provide road guides to reach to your destination. As long as the driver is serving the purpose of the company the company will take care of his needs. He can work with his own flexibility as long as the goods are delivered on time.

A skilled owner operator driver is needed by the trucking company to take over the freight services and shipment of goods. A good truck driver must have certain qualifications that are set by the company such as knowledge in terms of maps, routes, traffic rules, and navigation. Good manners and a high sense of responsibility is needed by the company. The driver must be disciplined and give priority to safety. He should avoid mistakes that can cause death, injury and loss of any sort.

Since to search such skilled drivers is becoming tough day by day, there are many load boards today that provides all freight and trucking industry solutions in a fast and reliable way. The trucking business now can avail such facility and can get there requirements like drivers and others met by them.

Categories
Lifestyle Trucker News

Trucking Software Advantages!

With the growth and expansion of trucking and freight industry, the processes involved for its management have also become very complicated. The truck owners and drivers have to do many calculations and reporting manually. They need to maintain a log book in which regular entries are updated from time to time. All the correspondence between the consignor and others involved is also the main responsibility of the trucking industry management. Calculation of fuel expenses and taxes can also become cumbersome during long journeys. All these activities require a lot of time and accuracy. Since, they are done by human there are more chances of mistakes in the accounts and billing. Such mistakes will adversely affect the profit and loss of the business in the long run.
With the technological advancements and the need of the hour the trucking software has been introduced to take care of the complications arising from such time consuming and manual processes. Trucking software and different applications are now available for the freight brokers and trucking industry to automatically deal with business requirements. Such software requires initial setup and cost to make the software functional. However the trucking software acts as a major tool in cost cutting of the business. Accountants and documents controller which were earlier needed to do the tasks manually will now be done by the software. Not only is the cost cutting due to the reduced manpower but also because the overall functionality of the business increases many times. Now the same business will need less space as all the work will be done in an automated way.
The high cost of introducing the software can now be tackled with the use of web based trucking software. These web based trucking software has been developed to cut down the cost required for hardware setup. With this new move now the trucking industry can reap the fruits of the software without much input. The Fuel tax software now helps the trucking business to file their tax returns in an easy way. Trucking software is equally helpful to the driver as it is to the freight brokers. With the efficient use of the software there will not be any delay and loopholes. This software is especially designed for handling such types of issues. Dispatching of loads and generating invoices and reporting can now be easily maintained with the use of this software.
The freight brokers will be able to use the trucking software, which will help in making clear the directions for the success. This software will bring awareness in the freight companies to take part in all the activities competitively and make a complete sound system for their logistics service. This is very necessary because international markets are expanding day by day and the circle of trade has been increased. There are now many and excellent opportunities for finding your bearings by proving your logistic system all over the world. The trucking software is bringing new and great changes in the system and there are now more opportunities than ever before.

Categories
Business Lifestyle

Owner Operator Jobs and Its Impact on the Economy!

The trucking system has been playing an obvious and vital role in the economies of the countries because it is the most important mode of transport of goods in any country. The nation’s progress and trucking system go hand in hand as the profitable trucking system generates high revenues for the country. An efficient owner operator would be able to cater to the requirements of the country both in the case of material delivery and monetary benefits. For any economy to flourish supply chain plays the major role. And if the supply chain is strong and available at the right time then it will prove as a great asset for the country to survive and progress in this competitive world. Trucking system is directly and indirectly affecting the economy of every country at a much deeper level. “The logistic of any country can suggest the future progress of any country”. stright truck freight is the most popular mode of transferring goods from one place to another.

Therefore, it is expanding enormously in every developing and the developed country. With the growing trucking industry there are ample of jobs generated within the country everyday. People looking out for the jobs of drivers, helpers, cleaners and loaders can be easily adopted by this advancing industry. Such large scale job opportunities generated will help share the load of the country fighting against unemployment. Increased employment in turn will surely enhance the economy of any country. A normal truck transport service may require a bundle of other industry and services to come together to accomplish the final task of freight transfer. Packaging company will do the packaging of goods to be transferred. Loading people will load the truck. Driver will drive the vehicle to the required destination. Mechanics and engineers will take out the fault if any occurs on the road. Petrol stations will fill and earn from the fuel needed to drive the truck.

Thus we see how many individuals and companies are benefited from the single task of freight transportation. The demand and supply chain of trucking industry will widely affect the demand and supply chain of other industries related to it. But to maintain an effective transport system in the country, the government of the country has to actively participate to improvise the trucking industry. This can be achieved by developing good road networks and safety regulations on the road. This step will make the trucking industry deliver more timely and profitable business for themselves and the country as a whole.

However to maintain such a system the country requires fund which are raised in the form of income taxes, sales taxes, Fuels taxes etc. Other way to generate funds can be toll taxes and fares taken from the ones who use the road networks. Thus we see that at every step country’s economy and the trucking industry are very much dependent on each other. If one flourishes it will make the other one strong too.

Categories
Newbies

Different Truck Types for Different Purposes

All over the world Trucking Industry provides fast and reliable solutions for carrying freight loads and delivering logistics services. To fulfill different task as per the requirement many new innovations and technologies have been introduced in this sector. The Trucks used for varied purposes are designed intricately so that they can perform the jobs efficiently without the loss of the time, material and lives.
There are many different types of trucks meant for different purposes:
Flatbed Truck: As the name suggests the flatbed truck has a complete flat cargo body. There are no sides and roof attached to it. With this truck easy loading and unloading of heavy loads is possible. Construction equipments and a heavy load which have irregular shapes are best to be carried on the flatbed truck. The truck comes in both types rigid and articulated.
Straight Truck or Box Truck: This is the most commonly used type of truck which can perform the transport of usual goods. This truck is known by many different names: Box truck, Bob truck, Cube truck and Cube van. The cargo space of the truck is an enclosed area of cuboid shape. The Straight truck comes in small and big sizes ranging from 4 to 7 m in length. Box Truck Freight is mostly used to haul goods that should be protected from wear and tear through the journey such as furniture and electronic appliances. Panel truck is also a kind of straight truck that does not have any windows on the cargo box. It is used to carry consumer goods like diapers, laundry, tinned food packages etc.
Semi Trailer Truck: The truck is known differently at different places of the world. Semi Tractor truck Prime Mover, Transfer truck and Big-rig are the common names given to the Semi Trailer Truck. The truck is an articulated vehicle which has a towing engine and a semi trailer. There can be possibly more than one trailer attached to one engine. The main feature which makes the trailer truck different from an ordinary truck is that the trailer is not completely attached to the engine but is fixed at one point on the rare axle of the towing engine. It works in such a way that all the weight of the trailer is not put on the towing unit but a part of it is taken up by the connecting axle.
18 Wheeler Truck: This is again a semi trailer truck which has 18 wheels to carry heavy freight
Dump Truck: A dump truck as the name suggests is used to carry the loose materials like gravel and sand. These goods can be easily dumped with the use of Dump truck at the site of their usage such as construction sites. The back of the truck is hinged with an open box bed which runs with hydraulic operation. The bed can be lifted easily to dump the goods on the ground.
Tanker Truck: The truck is widely used to carry liquid freights or bulk cargo. They come in wide ranges as per the need.

Categories
Lifestyle

Is Truck Leasing Venture Feasible for Enterprising Truck Drivers?

For many drivers, working for a company may not be enough, and they always keep thinking of going ahead with a freight business of their own. However, these want-to-become owner-operators get discouraged when the face the reality about their financial potential. Giving recognition to such demands, many trucking companies have incorporated lease options, lease purchase and drive to own options for drivers who are not in a situation to fulfill their dreams through conventional financing modes.

The question arising here is whether leasing a truck would be able to bring you financial gain? The answer to this question mainly depends on your own conditions and the perspective you look from.

From the perspective of the truck driver, leasing a truck is the perfect option for them when they are not able to pay a hefty down payment and related start-up costs. Most carriers have come out with leasing opportunities for enterprising drivers, and thousands of drivers have been attracted by such offers.  Although the terms vary from one carrier to another, but most of them claim benefits for drivers in a number ways, including low deposits, low down payments, sometimes there are no down payments, no long-term contracts, pride of ownership, chance to drive higher specifications equipment, incentives on completion of lease and convenient credit standards. This allows lease operators to enjoy the taste of ownership without involving high financial risks. Most of the carriers market their leases as ‘walk-away’ leases, which mean that drivers can walk out of the lease in case the set-up does not work for some reason.

Some of the drivers have experienced truck leasing as a financial loss. Contrary to their expectations of fulfilling their dreams, these drivers have come to experience limitations and malpractices on the part of carriers, like low mileage, baseless deductions and complicated lease contracts drafted to benefit the carriers. Sometimes, the carriers tend turn the advantage of truck leasing completely in their favor. In such cases the drivers end up owing more to the carriers than they have been able to earn from their driving. Some of the main complaints recorded by drivers about their leasing carriers include large payments, over-charging for fuel taxes, inflated insurance fees, huge deposits, repair accounts and carrier-dictated repairs with rates decided by the carrier.

In addition to these complaints, drivers also charge that the method to clear repair and tire reimbursements is mostly not mentioned in the lease agreement, and sometimes the carriers make it almost impossible for the drivers to get these funds by fixing very high limits for minimum expenses.

And to aggravate the scene further, many carriers who promise a ‘walk-away’ lease, fail to release the funds collected from the drivers for deposits or repairs, in case the driver wants to leave the contract for any reason. Such experiences have led to the drivers questioning whether truck leasing opportunities are real opportunities or simply an easy way to a more complicated financial disaster.

Even though there have been instances that prove that leasing a truck may be a big gamble for drivers, but another side of the same story reports that there are numerous truck drivers who have turned their logistics business into a profitable enterprise. Therefore the drivers are primarily left with their own conscience to get to their personal conclusion.