In the transportation and logistics sector, freight broker insurance provides protection from a variety of risks posed by freight brokerage. Unsurprisingly, this kind of insurance does not automatically cover unpaid freight bills, which is a common misconception. The reality is more nuanced, making it important for businesses to comprehend the s
Freight Broker Bankruptcy: How to Protect Yourself and Recover Payments
By facilitating communication between shippers and carriers, freight brokers play a significant role in the transportation sector. However, if a freight broker declares bankruptcy and is owed money to you, it can put you under a lot of financial strain, especially if you're a carrier and are waiting for unpaid freight bills. Understanding the le
What to Look for When Choosing a Freight Broker Recovery Service
In establishing a relationship between shippers and carriers, freight brokers are essential in ensuring that goods are transported across the nation effectively. However, a freight broker's inability to pay for the services they provide can disrupt your business and lead to cash flow problems. In such cases, selecting the best freight broker rec
What You Need to Know When Choosing a Freight Broker Recovery Service
In establishing a relationship between shippers and carriers, freight brokers make a significant contribution to ensuring that goods are transported across the nation effectively. However, failing to pay for the services rendered can disrupt your business and lead to cash flow problems. In such cases, selecting the best freight broker recovery s