Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...

For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...

There are many factors that contribute to the factoring rate a company offers you. One of the most significant benefits of factoring for many carriers is that they consider the creditworthiness of ...

DALLAS, July 08, 2020 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) (the “Company”) announced today the close of the acquisition of the transportation factoring assets of Transport Financial ...

Covenant Logistics Group, Inc. is selling its factoring business for $132.2 million to help cut the overall debt for the Chattanooga-based trucking giant. The deal announced Wednesday is expected to ...

CHATTANOOGA, Tenn., July 08, 2020 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant”) today announced the sale of the transportation factoring assets of its Transport ...

DAT Freight & Analytics and OTR solutions reached a resolution to their legal conflict. OTR had filed a complaint against DAT after it acquired factoring competitor Outgo. Though the terms of the ...

EPIC Insurance Brokers & Consultants recently acquired Sentry Transportation’s direct writing operation, expanding its national transportation and logistics platform and client base. The acquisition ...

We speak with a number of logistics experts to capture their views on the overall impact that e-commerce is having on moving the nation’s freight. One thing is for certain: The… 2023 Parcel Express ...

A freight brokerage’s success hinges on its relationships, which increasingly involve vast amounts of data. Sensitive data — often financial — constantly flows between shippers and carriers, and ...

Explore Texas factoring solutions with Catamount Funding's Houston freight factoring and small business factoring Houston services to enhance cash flow. HOUSTON, TX ...