Freight Factoring Blog Archives - Page 2 of 6

26 Sep How Freight Factoring Can Help Startups and New Entrants in the Trucking Industry

Posted at 15:58h in Freight Factoring Blog by Kailey Posea

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...

26 Sep Factoring for LTL Carriers: Managing Financial Stability

Posted at 10:36h in Freight Factoring Blog by Kailey Posea

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,...

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15 Jun The Importance of Branded Email Addresses for Trucking Businesses

Posted at 17:35h in Freight Factoring Blog, Freight Industry, Payment Solutions, Tech by Kailey Posea

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....

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15 Jun 3 Tips Every Owner Operator Needs to Know

Posted at 17:26h in Freight Factoring Blog, Freight Industry by Kailey Posea

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,...

15 Jun How to Save on Diesel Fuel + Best Fuel

Posted at 17:19h in Freight Factoring Blog, Freight Industry, Fuel by Kailey Posea

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 simply represent a...

12 Jun Is Trucking Recession-Proof? An In-Depth Analysis

Posted at 20:54h in Freight Factoring Blog, Freight Industry by Kailey Posea

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...

10 May Overcoming Produce Season Trucking Challenges

Posted at 15:22h in Freight Factoring Blog by Kailey Posea

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 Kailey Posea

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 Kailey Posea

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 Kailey Posea

Truckers often need to find ways of getting cashflow 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 if...