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Archive August 2024
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Transportation Factoring
- By: IFA
- On: 08/16/2024 15:00:48
- In: Transportation
- Comments: 0
It’s been a tough couple of years for the transportation industry. Talk to industry veterans -- company owners to finance companies -- and none has seen a freight recession in our lifetime as long as this one. Many trucking companies are struggling to keep up with taxes, insurance, repairs, and maintenance, not to mention finding profitable lanes to keep drivers happy.
Despite the uncertainty of the immediate future, trucking companies should employ simple practices to survive the current freight recession and prepare for the rebound.
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