In the logistics and transportation sector, freight brokers act as intermediaries between shippers and carriers. Issues can still arise when payments are delayed, which can put on extra costs for carriers. To effectively manage your cash flow and safeguard your business, knowing how long to wait before filing for legal action is crucial. The cont
Freight Broker Bankruptcy: How to Get Paid for Unpaid Freight Invoices
By facilitating communication between shippers and carriers, freight brokers play a crucial role in the transportation sector. However, if a freight broker declares bankruptcy and is owed money to you, it can put you under a lot of financial strain, especially if you're a carrier and are waiting for unpaid freight bills. Understanding the legal p
Recovering Freight Payments: Key Steps for Success
Unpaid freight bills can cause significant financial strain for any logistics or transportation company's cash flow. It's crucial to have a strong plan for recovering these payments if you're dealing with outstanding receivables from freight bills. Preventive and reactive measures are taken to ensure you are paid what you owe without unnecessary