Freight factoring is worth it in nearly every application for trucking companies. Freight factoring is a worthwhile investment for your trucking company and for many reasons. In this article, we’ll cover the benefits of freight factoring. Let’s dive in! What is Freight Factoring? Freight factoring is when...
Welcome to the world of freight factoring, a vital service in the trucking industry that revolutionizes how trucking companies manage their cash flow. Freight factoring, simply put, is when a business sells its invoices to a factoring company like OTR Solutions at a discount. This service...
Starting a trucking company is a serious business venture that involves understanding and managing a range of costs. From the initial investment in trucks to the daily expenses of fuel, maintenance, and insurance, these financial responsibilities can be overwhelming. This guide is designed to navigate you...
The trucking industry is so important to our economy. Many new entrants into the industry are excited to be a part of the action. However, like any industry full of opportunities, it also brings its set of unique challenges. For startup businesses, these challenges often...
As an LTL freight carrier (Less Than Truckload), you likely face irregular payment schedules, large upfront costs and fluctuations in demand that can disrupt your cash flow. This is where invoice factoring can play a vital role. With a reliable factoring partner like OTR Solutions,...
The trucking industry is a competitive landscape, where businesses need to establish a strong presence to stand out and succeed. OTR Solutions understands this, offering a range of services that cater to the unique needs of trucking businesses, including an innovative branding tool called ELEVATE....
In this article, we’ll explore three tips for owner operators, that you need to know for the best chance of cash flow success. These are new owner operator tips, so if you’ve been an owner operator for a while, you may already know these. With that said,...
What fuels the heart of America's trucking industry? Undeniably, it's diesel. This crucial commodity keeps the nation's trucking arteries pumping, ensures the timely delivery of goods and forms an essential part of our country's economic machinery. However, the cost of diesel doesn't merely represent a...
Freight brokering is a crucial aspect of the trucking industry, which plays a vital role in keeping the economy moving by transporting goods from one place to another. Brokers are responsible for managing truckers, who are the backbone of this industry, delivering everything from groceries...
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...
