Freight Factoring Blog Archives

10 May Overcoming Produce Season Trucking Challenges

Posted at 15:22h in Freight Factoring Blog by Nich Crusie

Welcome to OTR Solutions where we offer top-tier freight factoring services and share valuable insights, tips and advice for trucking companies looking to thrive in the competitive transportation industry. Today, we're tackling the challenges that come with the produce season, a crucial time of year for...

03 May Do Freight Brokers Use Factoring Companies?

Posted at 14:55h in Freight Factoring Blog by Nich Crusie

Freight brokers are a crucial part of the transportation and logistics industry, connecting shippers and carriers to ensure that freight is delivered on time and at the right cost. In order to remain competitive, freight brokers must consider all available options in pursuing their business...

03 May Is Being an Owner Operator Worth It In 2023?

Posted at 14:29h in Freight Factoring Blog by Nich Crusie

In the trucking industry, being an owner operator can be a challenging but ultimately rewarding career choice. As the economy continues to struggle into 2023, the demand for goods and products to be transported across the country is on decline. But is being an owner operator...

20 Mar Everything You Need to Know About Factoring for Owner Operators

Posted at 17:57h in Freight Factoring Blog by Nich Crusie

Truckers often need to find ways of getting cash flow in order to keep their businesses running. One option is factoring, which can provide the money you need quickly and easily. However, there are a few things you should know about factoring before you decide...

20 Mar How Tools for Truckers from OTR Solutions Helps Scale Trucking Businesses

Posted at 16:41h in Freight Factoring Blog by Nich Crusie

It’s always exciting to witness a trucking company grow in size, expand its operations and reach new levels of success. The victories a company achieves along the way are usually due to what resources were available to the company and what partners they chose to...

20 Mar Owner-Operator Guide: How to Start a Owner-Operator Trucking Business

Posted at 16:31h in Freight Factoring Blog by Nich Crusie

Have you dreamt of driving big rigs and navigating the open roads – and doing it all on your own terms? It can be a dream come true by launching a trucking business. The prospect of starting an owner-operator trucking company from the ground up...

20 Mar Should You Use a Trucking Fuel Card or Your Credit Card?

Posted at 16:24h in Freight Factoring Blog by Nich Crusie

At OTR Solutions, we understand that trucking is a tough business. Long hours on the road away from family and friends can be difficult to handle. Add in tight deadlines, bad weather, and heavy traffic, and it's no wonder that truckers have one of the...

15 Feb How To Choose a Truck Factoring Company

Posted at 19:24h in Freight Factoring Blog by Nich Crusie

There are many truck factoring companies out there, so how do you choose the right one for your trucking business? Here are a few things to keep in mind: What does a factoring company do? Before we dive into how to choose a truck factoring company, it’s...

15 Feb Who Needs a Transportation Factoring Company?

Posted at 19:02h in Freight Factoring Blog, Uncategorized by John Landrum

When it comes to turning a profit, every penny counts – especially in the competitive landscape of today’s transportation industry. That's why more and more trucking companies are looking to factoring as a way of managing their cash flow and improving their bottom line. That might...

15 Feb Truck Factoring 101: What is Truck Factoring?

Posted at 18:59h in Freight Factoring Blog, Uncategorized by John Landrum

Trucking companies often find it difficult to manage their cash flow, with most of their money going toward fuel, maintenance and other expenses. In down markets, this becomes particularly difficult when every penny counts. This is where truck factoring comes in – it's a process that...