Why Owner Operators Need Help from Truck Factoring Companies

Why Owner Operators Need Help from Truck Factoring Companies Running your own commercial truck can be rewarding— both economically and from a sense of pride in ownership. Running a successful business can be an elusive goal if you don’t have all the right pieces in place.

Truck Factoring as a Cash Flow Tool

Many owner operators are familiar with truck factoring as a cash flow tool—as a means to accelerate cash flow, the life blood of every business. But, did you know that partnering with the right factoring company, like Express Freight Finance, can also help your business run more smoothly and efficiently? Express Freight Finance offers much more than just their core service of freight bill factoring. They have products and services, such as MarketFIT, that can help you find the most favorable markets and lanes for your trucks.

Truck Dispatch help you find the most profitable loads

They also have other tools that can help you find the most profitable loads— basically that will move you out of taking loads from a position of “self-preservation” to taking command of load selection from the vantage point of what’s best for your business.

They can also help you find the best value when it comes time to renew your insurance, help you finance new equipment to expand your fleet, and they have advisors on their team to help you navigate the complexities of the trucking business. Even if your cash flow is adequate and you don’t think you need to factor your freight bills, consider these other things that Express Freight Finance can help with:

Consider this

  • Simplifying finding freight
  • Minimizing deadhead miles and maximizing loaded miles
  • Putting you in a better bargaining position with freight brokers
  • Finding the best paying loads
  • Avoiding the least favorable lanes
  • Maximizing fuel discounts
  • Easy access to cash through fuel advances

So, it’s not just about cash flow when you partner with the right factoring company. If you have the right factoring partner, like Express Freight Finance, you’ll have a clear path to success! Why Owner Operators Need Help from Truck Factoring Companies

SERVICIO DE DESPACHO DE CAMIONES EN CALIFORNIA

Servicio de Despacho de Camiones en California Truck Dispatch es una empresa de despacho de camiones que brinda servicios de despacho de primera clase para propietarios-operadores y pequeñas empresas de camiones. Ayudamos a encontrar la mejor carga posible con los precios más altos y nos enfocamos en mantenerlo cargado semanalmente. Nuestro equipo de más de 15 despachadores de camiones ha estado en el negocio durante más de 8 años y conoce las carreteras de entrada y salida.

Como Negociar tarifas con los Brokers

Sabemos que conducir no es fácil, es por eso que nuestros despachadores de camiones negocian las tarifas más altas en su nombre para que obtenga el valor de su dinero por todas esas millas. Manejamos todo el papeleo de camiones y tratamos con los corredores en su nombre para que se mantenga enfocado en expandir su negocio. No buscamos condiciones de pago, solo buscamos construir una relación comercial sólida. Maximice su potencial de ingresos con nuestros servicios de despacho.

Los mejores servicios de despacho de camiones para empresas de camiones

Nuestros despachadores de camiones experimentados lo ubican directamente con los corredores para que pueda concentrarse en conducir. Nos encargamos de todo el papeleo y el estrés. Ya no tendrá que preocuparse por los seguimientos con el Broker para el pago de bultos y detenciones. La responsabilidad del trabajo administrativo ahora recae sobre nuestros hombros. Usted elige las áreas que desea conducir y negociamos duro para obtener las mejores tarifas y rutas de calidad. Trabajas directamente con los mejores Transportistas y Corredores y ellos te pagan. Su despachador de camiones dedicado analiza varios tableros de carga para encontrar las mejores cargas secas, de plataforma y refrigeradas. Truck Dispatch lo mantiene en el camino para que no deje sus camiones atascados durante días.

Our sites that we recommend to also dispatch trucks are 247truckdispatch.com and truckdispatcherusa.com and our page that is trucksdispatchusa.com

Can Truck Factoring Really Help my Small Trucking Business?

Can Factoring Really Help my Small Trucking Business? Yes, Yes, and Yes! Truck Factoring doesn’t just have the benefit of receiving your money within 24 hours of delivery and just allow carriers to think about pick, drive, and deliver.

Express Freight Finance The Best for Truck Drivers

Factoring gives all carriers big and small the peace of mind know that they are working with approved brokers and good direct shippers before they pick up load. With Express Freight Finance we offer free unlimited credit check on freight brokers and direct shippers.

Knowing before you pick up a load and that you are hauling a load for a reputable freight broker or direct shipper is key because now the carrier knows once delivered and the Rate Confirmation and Proof of Delivery has been submitted to the factor, the money will be in their bank account or fuel card within 24 hours.

The Responsibility of Collecting Payment

After the load has been factored the factoring company takes on most of the responsibility of collecting payment 

Express Freight Finance provides an online account to it carriers to login and view their account yes Can Truck Factoring Really Help my Small Trucking Business

Free Credit Checks For Truck Drivers

The information provided online gives them access to view all loads that have been submitted, what loads have been paid, which loads the collection team is working on to get paid along with their notes, free credit checks can be performed for a quick decision response of approved or not approved

These are just a few of the many benefits of factoring for freight carriers Factoring your freight bills is for all size fleets big or small Express Freight Finance is here to help carriers be successful with business goals and provide the cash flow needed in running a successful transportation company

Truck Dispatch Team

We are proud to be the truck dispatcher company in the USA can rely on.

Your truck driving and logistics business needs to be supported by the right truck driver dispatcher services. This is where Logity Dispatch can make all of the difference.

we provide these services to trucking operators across the country 48 States. This means you can continue providing your critical trucking services, supporting our society and our economy with your logistics.

Our telephone number 24/7 to get started Our team is on hand to provide you the quote you need for your business, and to help you learn more about Us truck disaptcher USA

Is Using Factoring A Smart Business Strategy In This Hot Freight Market?

Is Using Factoring A Smart Business Strategy In This Hot Freight Market? Our truck dispatch service in the Unites States with the best loads for truck disaptch

We are in perhaps the strongest freight market in the history of trucking. I’ve heard some crazy stories in talking to carriers: shippers agreeing to pay the carriers to run their trailer empty back to their point of origin, just to be sure the shipper had available capacity to cover their next load; or, carriers getting paid $6/mile!

With an environment like this, who wants to give up 1.5% to 2% to use factoring?

Steady Cash Flow Truck Disaptch Service

I mean, with the steady cash flow that the current market conditions are driving, why bother making the effort to set up a factoring relationship… who needs it? Well, someone once told me a simple truth – time never stops, and tomorrow will be here. And for business owners that are taking advantage of the strong market tailwinds, many will be caught unprepared when the market softens and begins to move back to typical levels. A good business practice has the prudent business owner looking ahead up to two years. With that forward looking view, you will likely see a market correction. And, when that comes, it’s always best to have prepared by building relationships now that will help smooth the way forward. I believe this is the strongest case for using factoring now.

Truck Dispatching USA Service

Our agents are professional in the logistics industry with TRUCK DISAPTCHER USA

Find The Right Truck Factoring partner

If you can find the right factoring partner: someone like our friends at Express Freight Finance, you can enter the relationship at no cost, factor only those customers that stretch out payments (you decide which customers to factor), take advantage of their credit services so you can expand your customer base, utilize their market data and integrated load board to find the most favorable markets and lanes, and use their equipment financing to grow your fleet, all toward setting your business up for success when the market turns. When you look at it, the 1.5% to 2% expense that you are avoiding now, isn’t going to help you later when you are caught flat footed as the market corrects; well, unless you put those funds in the bank. And who of us was insightful enough to do that? A better approach is to partner with our friends at Express Freight Finance and take advantage of the different ways they can help your business achieve success and longevity. There is really no risk in getting set up with them now. When the market correction happens, you will be glad that you have Express Freight Finance in your corner.

Freight Is Plentiful Should I Accept Just Any Load I Find?

Freight Is Plentiful Should I Accept Just Any Load I Find? Our truck dispatch company will help you choice the best loads and get you pay in hours with https://expressfreightfinance.com/

While the temptation is to take any good paying load that comes along, especially if it will get your truck where you want to go, that practice could sink your business. Just like cash is king in keeping your business operations running, credit is king in mitigating the risk of poor decisions. It is always better; and I mean 100% the best practice, to know the creditworthiness of every customer you do business with.

If you have never experienced hauling a load that you end up not getting paid on, congratulations.

Freight Is Plentiful Should I Accept Just Any Load I Find The Best loads

You’ve avoided one of the dangers of trucking. But, many of us have taken loads and not gotten paid because of brokers and shippers who were a bad credit risk And, it was nobody’s fault but our own for not knowing the credit risk before we accepted the load. This is especially true in today’s market with freight rates at an all time high.

Who wouldn’t want to take that load from Seattle to New York at four bucks a mile? While you are making the long run you are probably daydreaming about a vacation you will be able to take because of the profit on this load. After four days of driving, you drop your load and invoice the broker to the sounds of the cash register… chaching! A few weeks go by and you haven’t been paid A huge let down; and there is now no way to cover the expense of that 2800-mile run.

Not to mention, you are forced to file on the broker’s bond.

How do you do that? One of the best ways to avoid this situation is to partner with my friends at Express Freight Finance. They can help you avoid taking loads from brokers and shippers that have poor credit… on every load. And, the beauty of their credit checking services – it’s free to all EFF partner carriers. You can either check the broker/shipper credit yourself via their online tools, or ask your dedicated account manager to check it. The bottom line – with our friends at Express Freight Finance, you will never have to accept a load without first knowing the creditworthiness of the load source. Problem solved.

If you were partnered with our friends at Express Freight Finance, the story above would have turned out very different. You might even be on that vacation that you were daydreaming about!

Our Truck Dispatching Company

With truck dispatch USA best Loads in the Industry logistics transportion with are profections truck dispatcher in the USA

The Cheapest Truck Factoring Fee is Always The Best Choice is It Really?

The Cheapest truck Factoring Fee is Always The Best Choice Is It Really?

Our truck dispatcher will help you sected the best factory company of your choice

We have worked with a lot of factoring companies over the years; and have referred a lot of carriers to factoring companies to ensure they have the cash flow needed to keep their trucks rolling.

Over the past few years, many large factoring companies have chosen to compete strictly based on cheap factoring fees. At least that is the appearance. But, when you peel back the layers of the deal, you start to see hidden fees that ratchet up the overall money cost, way beyond what your salesperson represented in their pitch and proposal.

The reality is – you need a partner that is going to come alongside your business and help your business succeed.

Success doesn’t come cheaply. Neither can your factoring partner offer you the services, products and tools, on the cheap, that your business needs to compete well and succeed.

If you are talking to a factoring company that offers super low fees, ask them what else they will do for you to help your business thrive and achieve success and longevity. all they can offer is cheap money and the same services as all the other factoring companies, then maybe cheap isn’t what you need. they can’t offer:

The Cheapest Trucking Factoring Fee is Always The Best Choice is It Really

  • Tools to create efficiencies in how you run your business
  • Service team that proactively communicates with you about your account
  • Data products to help you find the most favorable markets and lanes
  • Integrated load board to help find available freight in those favorable markets and lanes
  • Financing to help expand your fleet and/or retire aging equipment
  • Team of seasoned advisors to offer guidance to help navigate the complexities of trucking
  • A fuel card that can really help manage and reduce your second largest operating expense

And, if they aren’t about helping your business succeed, then cheap doesn’t help. Our friends at Express Freight Finance are all about helping their carrier partners succeed. They actually do offer the features called out above. If cheap is all you are looking for, then know that’s all you will get. If, however, it’s important for you to have a partner that offers reasonably priced factoring, with the items called out above, then reach out to our friends at Express Freight Finance. truck dispatch usa

How To Choose The Best Trucking Factoring Partner

How to choose the best trucking factoring partner Trucking is a key driver of our economy; and always will be. Almost everything people use in day-to-day life was once carried on a commercial truck. Right now, the freight opportunities available to small and medium-sized carriers are at an all time high. truck dispacher usa

A key part of taking advantage of those opportunities is making sure that carriers can cash flow their business – the stronger your cash flow, the better positioned the carrier is to grab hold of those opportunities.

Given the importance of cash flow in the grand scheme of trucking, it becomes obvious that carriers need to give careful consideration when choosing a factoring partner.

And, carriers should look at their factoring company as a strategic business partner; not just a money source.

As carriers begin the process of selecting the right trucking factoring partner, here are 10 questions to ask:

  • Does my truck factoring partner offer same-day funding?
  • Does this truking factoring partner really know trucking – has their leadership actually been in the driver’s seat?
  • Will this factoring partner proactively communicate with me about my account?
  • Will this factoring partner provide solid credit advice in advance of my accepting a load?
  • Does this factoring partner offer flexibility in their processes and procedures?
  • Will this factoring partner go to bat for me if my customer doesn’t pay – will they help file on a broker’s bond or will they just leave me to struggle with it?
  • Does this factoring partner offer other services or products besides factoring freight bills; especially products or services that will help my business succeed, regardless of market conditions?
  • When my cash flow is stable and I no longer need factoring, will this factoring partner allow me to exit without a penalty?
  • Does this factoring partner have hidden fees in their factoring agreement?
  • Will this partnership help create process efficiencies that will make my business run better?

Help find the best truck factoring fit for your company

These are but a small subset of questions to ask and, depending on the answers you get, will help find the best fit for your company. We have worked with many truck factoring companies over the years and have found that our friends at Express freight Finance look at their relationship with their clients as a partnership and not just an account number.

How To Choose The Best Trucking Factoring Partner

Express Freight Finance takes a genuine interest in helping their carrier partners succeed and achieve business longevity. Don’t be afraid to ask your sales rep these questions.

If they can’t answer them in a way that is truthful, genuine and without gimmicks or fluff, then they are probably not the right partner for your business.

Choose wisely because this choice will greatly impact whether or not your business succeeds in the long run.

How to Become The Best a Truck Dispatcher

How to Become The Best a Truck Dispatcher It offers exciting challenges, mental stimulation, and good pay rates. One way to get your start in the shipping industry is to become a truck dispatcher.

Truck Dispatchers play a key role in getting trucks out to collect and deliver loads for businesses shipping goods. Like so many of the jobs in the freight industry, dispatching can be lucrative. It takes a keen eye for detail and an organized mind to be successful in the role.

What is a truck dispatcher Duties

A truck dispatcher tells freight carriers where to be when to be there, and what to pick up. Also known as freight dispatchers, truck dispatchers talk to the shipping client to get cargo details, organize a pick-up time, and note any special handling or delivery requirements. The dispatcher then sets up routes, also known as shipping lanes, and coordinates with fleet drivers to make those pick-ups and deliveries.

How much can a truck dispatcher make in 2021 ? 

As of May 2021, the U.S. Bureau of Labor Statistics reports that dispatchers in the transport trucking industry make an average hourly rate of $25.96. Looking at annual salary, that same report shows a median of $49,670 among freight dispatchers. The best-paid truck dispatchers can make more than $37 an hour, or more than $74,000 per year. There are more than 43,000 truck dispatchers in the U.S.A.

What Does a Truck Dispatcher Do?

Truck Dispatcher

What Does a Truck Dispatcher Do A truck dispatcher’s job is essentially to manage freight on behalf of a carrier. That includes using load boards and personal connections to locate freight that needs to be shipped, speaking to brokers, conducting negotiations, and eventually dispatching drivers and setting up their routes. In many cases, the position also includes some back-end work like reviewing truck drivers’ logs and tracking their hours.

A truck dispatcher is often confused with a freight broker, but the two positions have different and distinct roles. A broker is a legal entity that serves as a middleman between the shipper or manufacturer (who needs their freight moved) and the carrier (who can move that freight). The freight broker is legally allowed to represent both the carrier and the shipper at the same time, but they should never have a personal investment on either side.

Unlike a freight broker, a truck dispatcher is directly affiliated

Unlike a freight broker, a truck dispatcher is directly affiliated with a carrier and is consistently working on their behalf. Even if you are an independent freight dispatcher, you are still essentially an employee of whichever carrier you are currently working for and whenever you conduct negotiations with a freight broker, you do so on behalf of the carrier.

 Freight Broker Startup Guide

Unlike brokers, freight dispatchers are not legally allowed to represent shippers or manufacturers A freight brokerage business is required to have freight broker authority through the Federal Motor Carrier Safety Administration (FMCSA) and a freight broker bond (surety bond), among other requirements. If you’re interested in starting a freight brokering business, visit DAT’s Freight Broker Startup Guide for more information and more freight broker training resources

How to Become a Truck Dispatch

People often wonder, “How do I become a semi-truck dispatch?” The answer to that question begins with a follow-up question: are you looking at becoming a truck dispatcher for another employer or as an independent business opportunity?

If you simply want to become a truck dispaTCH for another company, then the process is much the same as it would be for finding any job. You can look on job boards to see if there are any open truck dispatcher positions that interest you, or you can approach individual carriers and express your interest in becoming a freight dispatcher. You can ask if they’d be willing to train you or if they can offer you some kind of entry level position.

Requirements will vary, but many employers will at least want a high school diploma or GED and some customer service experience.  Many people are perfectly happy working as an employee of a single company rather than as an independent truck dispatcher.

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Truck Dispatching Services Negotiate Top Freight Rates from Brokers

Truck drivers have a lot going on day to day on the road between managing the necessary paperwork and keeping track of IFTA prices. Booking their own loads can prove to be a lot to juggle. Truck Dispatching Services Negotiate Top Freight Rates from Brokers

Negotiate Top Freight Rates from Customers

Have you heard of truck dispatching services? Do you need help negotiating freight rates? How about finding a decent-paying backhaul? Newer carriers earn on average 22% less than experienced carriers. Truck Dispatcher USA can help close that gap with our truck dispatch service. We have the network and the expertise of freight dispatch services to help your trucking company locate the freight it needs.

freight dispatching services for Owner-operators, Full-sized Dry Van, Refrigerated (reefer), Power Only, Hotshots, and Flatbeds – more freight types to come! They are a competitive freight dispatch service powering the 48 contiguous states of the United States of America. Save time and optimize revenue potential by utilizing their planning and dispatching services. Truck Dispatching Services Negotiate Top Freight Rates from Brokers

Top Freight Rates from Brokers

A freight brokerage can also act as a 3PL (3rd Party Logistics provider) that provides logistical support to businesses, helping them streamline their supply chain and reduce shipping costs. FreightCenter is both a freight broker and a 3PL.

A 3PL can take on the role of a shipping department for the customer. In addition to providing the services of a freight broker, the 3PL will work with a business to establish a logistics strategy and tactics that will save the business time and money.



Truck Factoring your freight bills

TruckFactoring your freight bills is a great way to ensure you will have the cash flow needed to meet your business’s financial obligations on time. Factoring your freight bills can:

  • Provide steady, predictable cash flow

  • Enable you to pay your bills on time

  • Help improve driver retention

  • Help build your business credit

  • Reduce non-payment on invoices




WHAT DOES TRUCKS DISPATCH SERVICES NEED FROM ME TO GET STARTED?


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MC #’s can be acquired from the FMCSA

Since ‘Uncle Sam’s likes accurate records being kept, we make sure to dot all of our i’s and cross all of our t’s.

This is the minimum requirement. If you’d like to have more peace of mind with higher coverage, that’s fine by us.

This is a common practice for shippers, brokers and dispatchers alike.

In order to make sure all safety and compliance ordinances by the government are being met, we need to keep accurate records.



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