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Combatting Fraud in the Freight Industry with Effective Strategies and Proven Solutions

28 March 2024
Effective Solutions for Preventing Freight Fraud

Protect your freight business from the pervasive threat of fraud with our comprehensive guide. Explore common fraudulent practices like double brokering and identity theft, and discover effective preventive measures. Learn how TransCredit's credit reports empower businesses to make informed decisions, mitigate risks, and safeguard against fraudulent activities in the freight industry.

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Decoding Business Credit: Navigating Transportation Industry Myths with Transcredit Insights

31 January 2024
A Comprehensive Look at the Freight Industry in 2024

Unlock the truth about business credit in the transportation industry. Explore and debunk myths with Transcredit's specialized insights, empowering companies with accurate and tailored credit information for enhanced financial stability and growth.

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A Comprehensive Look at the Freight Industry in 2024

31 December 2023
A Comprehensive Look at the Freight Industry in 2024

Explore the future of the global freight industry as it navigates technological breakthroughs, sustainability goals, and market shifts. Discover how autonomous vehicles, AI, sustainability practices, and evolving market dynamics shape the landscape in 2024 and beyond.

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Navigating the Storm: The Importance of Creditworthiness Assessment in an Unstable Freight Market

30 November 2023
Assessing Credit During Turbulent Times

TransCredit, a top-tier risk management expert, empowers carriers and brokers with essential tools to evaluate creditworthiness, ensuring stability amidst market challenges. Their customized services in credit reporting and monitoring foster informed decision-making for sustainable business growth.

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FREIGHT BROKER BOND: HOW TO ATTAIN THE BEST QUOTE

30 October 2023
Freight Broker Guide

In the dynamic world of freight brokerage, securing a broker bond is not just a regulatory requirement; it's a crucial element of your business operations.

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UNLOCKING SUCCESS: A COMPREHENSIVE GUIDE FOR FREIGHT BROKERS TO FIND AND CULTIVATE IDEAL SHIPPER PARTNERSHIPS

27 September 2023
Freight Broker Guide

Discover strategies for successful shipper relations in freight brokerage. Build trust, optimize online presence, and enhance management for lasting success.

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TURBULENCE IN TRANSIT: DECODING DEPRESSED RATES IN A HIGH-DEMAND FREIGHT MARKET AND THE RIPPLE EFFECTS OF YELLOW FREIGHT’S BANKRUPTCY

29 August 2023
Cartoon representing a Volatile Freight Market

In the ever-evolving landscape of the transportation industry, the interplay between supply and demand is a critical determinant of success.

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BUILDING BUSINESS CREDIT AS A NEW FREIGHT BROKER: BEST PRACTICE AND STRATEGIES

17 July 2023
Cartoon representing a Volatile Freight Market

Discover best practices for building business credit as a new freight broker. Separate finances, obtain trade references, and monitor credit for long-term success.

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NAVIGATING FREIGHT MARKET VOLATILITY: STRATEGIES FOR SUCCESS

09 June 2023
Cartoon representing a Volatile Freight Market

The freight market is highly susceptible to volatility. In this blog, we will explore effective strategies that help brokers thrive in a volatile freight market.

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CHOOSING THE RIGHT CARRIER: FACTORS FOR FREIGHT BROKERS TO CONSIDER

09 May 2023
Choosing the Right Carrier: Factors for Freight Brokers to Consider

When it comes to moving goods from one place to another, choosing the right carrier can be critical and very challenging with so many options available. This blog can help.

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WHAT IS DOUBLE-BROKERING AND HOW CAN FREIGHT BROKERS AVOID IT?

11 April 2023
Tips for Brokers to Avoid Double-Brokering of Shipments

Freight brokers connect shippers & carriers, negotiate rates & ensure timely delivery. But double-brokering poses a major risk in their role. Learn more here.

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THE IMPACT OF A RECESSION ON THE TRUCKING INDUSTRY

16 March 2023
The Impact of a Recession on the Trucking Industry

Read more to examine the potential impact of a looming recession on the trucking industry, including the challenges and potential opportunities that may arise.

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THE IMPACT OF FREIGHT BROKER CREDIT RATINGS ON FACTORING RATES

23 February 2023
Business Credit Report

Factoring more invoices and getting customer payments more quickly generally lead to lower factoring rates.

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ARE SHIPPERS LIABLE FOR UNPAID FREIGHT CHARGES?

23 January 2023
Business Credit Report

It is important for both the shipper and carrier to thoroughly review and understand the special conditions outlined in section 7 in order to ensure that the shipment is transported safely and according to the terms and conditions of the contract.

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Tips for Trucking Companies to Increase Cash Flow

15 December 2022
Increase-Cash-Flow

Does your Trucking business need more positive cash flow? Here are the top tips on how to improve cash flow in today's business market.

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KNOW YOUR CARRIERS

14 October 2022
Know Your Carriers

Being a freight broker it's not just finding a freight carrier, it’s about finding the right freight carrier for your shipping.

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TOP SHELF CREDIT REPORTS

03 September 2022
Business Credit Report

There are factors not included in business credit reports from the giants like D&B, but are definitely in the “must know category".

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Transportation Acronyms: Understanding Freight Terminology

15 July 2022
Transportation Acronyms

The freight industry is complex and the supply chain gives rise to a wide range of terms and acronyms that refer to key aspects of the industry. Whether you are new to the freight industry or a seasoned veteran, keeping track of what each of these terms means can sometimes be challenging.

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Why You Should Check Business Credit Scores

24 May 2022
Why You Should Check Business Credit Scores

To be aware of these possibilities you must look beyond your own payment experiences and see what is happening through the eyes of others. Click to learn more

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Will Blockchain Technology Make the Trucking Industry More Efficient?

07 February 2022
Block-Chain-in-Trucking-Industry

By now you have probably heard the words blockchain, cryptocurrency or digital ledger technology (DLT). Before we discuss how this new technology will impact the trucking industry let’s first give a brief explanation of what blockchain is.

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Risky Business

11 October 2021

Knowing everything about your shipper is make or break factor for a freight broker. Learn why a jury had to fine $18.6 million against a freight broker in 2016

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Self-Driving Trucks Are Coming, But Probably Not Soon

05 April 2021
Self-Driving Trucks Are Coming, But Probably Not Soon

Truck drivers and freight brokers will continue to be integral to shipping operations for the foreseeable future. Here’s why.

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Reducing Non-Payments and Invoicing Issues

01 March 2021
Reducing Non-Payments and Invoicing Issues

There are a few simple steps that freight companies can take to greatly reduce payment issues, and there’s little-to-no effort required.

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Tips for Improving Your Business Credit Score

01 February 2021
Tips for Improving Your Business Credit Score

Building good credit is as essential for businesses and corporate entities as it is for individuals, but the process isn’t quite as clear.

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Should Freight Carriers Check Business Credit Ratings Before Hauling Loads?

04 January 2021
Should Freight Carriers Check Business Credit Ratings Before Hauling Loads?

As a freight carrier, you may wonder whether you should take time to investigate the credit scores of potential business partners—especially as supply lines and capacity shift and loads, in some instances, become harder to find.

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The Pros and Cons of Dispatching Services

25 November 2020
The Pros and Cons of Dispatching Services

For independent owner-operators and small-to-midsized trucking companies, choosing whether to work with a dispatch service is an important decision.

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What is a Digital Broker

04 November 2020
What is a Digital Broker

Digital freight brokers conduct their business through mobile apps that connect shippers directly to truckers, much like ride-sharing apps connect passengers directly to drivers.

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How COVID-19 has Impacted Shipping Operations

05 October 2020
How COVID-19 has Impacted Shipping Operations

The freight industry has had to change in rapid and fundamental ways since the start of the global pandemic.

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Is Uber Freight Disrupting the Trucking Industry?

31 August 2020
Is Uber Freight Disrupting the Trucking Industry?

Uber Freight has, thus far, failed to establish a firm foothold at a time when its business model seems ripe for success. But Uber’s model of using freight as a loss-leader in a wider network of profitable subsidiaries may be here to stay.

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Why Rates and Capacities are So Volatile

03 August 2020
Why Rates and Capacities are So Volatile

Why are spot rates and chain capacities especially volatile right now? The short answer is the same now as it has been forever: supply versus demand. The longer answer, though, is more complicated.

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How COVID-19 Has Impacted the Trucking Industry

07 July 2020
How COVID-19 Has Impacted the Trucking Industry

The COVID-19 pandemic has changed the landscape of the trucking industry, both in the short-term and long-term futures. But what are the practical effects and implications of those shifts?

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Why Are So Many Truck Lines Closing?

29 May 2020
Why Are So Many Truck Lines Closing?

Truck lines can be signals of how well the economy is doing. When truck lines are busy, that means retailers and manufacturers are doing a lot of shipping because customers are buying. When demand slows – like it has this year – truck lines struggle to stay in business. 

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Amazon's Impact On The Transportation Industry

30 April 2020
Amazon's Impact On The Transportation Industry

The impact that Amazon.com, Inc. (AMZN) has had on the transportation industry cannot be understated. However, it’s a difficult impact to qualify because it’s so unlike anything that’s come before.

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How the Retail Apocalypse Impacts Transportation

01 April 2020
How the Retail Apocalypse Impacts Transportation

Retailers are experiencing many store closures in 2019. This continues the massive store closure trends in recent years. How do these closures impact your business?

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Freight Brokerage Closures Impact

24 February 2020
Freight Brokerage Closures Impact

Freight brokers are an important tool in keeping many companies running smoothly. They connect shippers and carriers to make sure goods get to where they need to be.

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