Brokers play a significant role in managing freight operations in the complex world of logistics. However, there may be instances where brokers default in their responsibilities, which could cause disruptions in the supply chain. Handling these defaulting brokers requires a strategic approach, w
Unpaid freight bills are one of the many difficulties facing freight companies. A client or broker's inability to make payments on time can have an impact on your company's operations and result in negative cash flow. Although preventive measures like thorough vetting of business partners an
Negotiating payment terms with clients is a crucial component of ensuring financial stability and fostering successful business relationships in the dynamic world of freight logistics. The ability to secure favorable payment terms has a significant impact on both cash flow and market profitability a