For protecting your business from potential losses and ensuring smooth operations, it is crucial to identify the signs that a freight broker may be financially unstable. Irregular payment behavior is one of the main indicators of financial instability. Late payments, frequent requests for longer payment terms, or partial payments could indicate
How Monitoring Freight Billing Stops Scams in Their Tracks
In the logistics sector, freight billing fraud is becoming more prevalent, putting a strain on the financial well-being and reputation of companies all over the world. Fraud is becoming more sophisticated as businesses navigate an increasingly digitalized freight ecosystem, making it crucial for businesses to take proactive measures to protect the
How Freight Contracts Handle Damage and Loss Clauses
The relationship between brokers and carriers in the freight industry depends on reciprocal trust and clarity. The foundation of this relationship is a signed contract, which provides a framework for expectations, duties, and dispute resolution. This article explores why signed contracts are necessary for freight broker-copyright partnerships and