In the transportation and logistics sector, freight broker insurance provides protection from a variety of risks linked to freight brokerage. It plays a crucial role. Unsurprisingly, this kind of insurance does not automatically cover unpaid freight bills, which is a common misunderstanding. The rea

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, obligations, and dispute resolution. In this article, we explore why signed contracts

The foundation of relationships between carriers and brokers is formed by freight broker agreements, which set the payment terms and conditions. Important clauses in these agreements can be overlooked or misunderstood, which could lead to delays in payments, disputes, or even financial losses. In

Unpaid bills can present a significant challenge for brokers in the freight industry, negatively affecting cash flow and profitability. Brokers must understand the rights and obligations that come with collecting unpaid bills while maintaining their professional integrity. In this article, we discus

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.