Late-flight payments can affect carriers 'cash flows and pose operational difficulties for logistics and carriers. To maintain financial stability and strengthen client relationships, it is crucial to effectively collect overdue payments. In this article, we'll look at practical suggestions to speed up the collection process, cut down on delays,
How Cash Flow Problems Lead to Freight Broker Payment Delays
Fragmentation and communication between carriers and shippers is a crucial part of freight brokers 'job, which ensures the smooth movement of goods across the supply chain. However, delayed payments are a common problem in the freight industry. Many freight brokers experience payment delays, which are frequently brought on by cash flow issues. C