American Truckers

Cash flow is crucial in the trucking industry. For owner-operators and trucking companies, understanding how to get paid quickly can significantly impact daily operations and overall profitability. As we look ahead to 2025, two popular options for securing faster payments are factoring and quick pay. In this post, we will break down the differences between these payment methods, helping truckers make an informed choice that best fits their business model. Understanding Factoring Factoring is...

In the trucking industry, cash flow is essential for survival. Owner-operators often struggle with finances due to slow payments from brokers. This is where freight factoring comes in. It offers a way for owner-operators to receive payments quickly, ensuring a steady cash flow. In this blog post, we will break down what freight factoring is, how it works, and its benefits for owner-operators. The Cash Flow Challenge for New Trucking Companies Many new trucking companies face severe cash flow...

Starting a trucking business can be an exhilarating adventure, but it also comes with substantial hurdles. New truckers and owner operators must grasp the essential services that can streamline operations and improve profitability. In this blog post, we will dive into three vital services every successful trucking company needs: dispatching, factoring, and bookkeeping. These services enhance efficiency and significantly contribute to business growth. 1. Dispatching Dispatching acts as the...