The U.S.’ national average for a gallon of on-highway diesel fell by 10.5 cents during December, according to the Department of Energy, to close out a year that saw prices rise by more than a dollar ...

Freight factoring companies TBS Factoring Service and OTR Capital put their competitive interests aside with a limited-time rate and fee waiver to owner-operators and small fleet owners who aren’t ...

In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...

This story appears in the Aug. 29 print edition of Transport Topics. Competition is intensifying in the factoring sector as freight markets shift, said a number of executives whose businesses offer ...

Once a carrier has made the decision to use freight bill factoring to improve cash flow, it quickly becomes a choice between using recourse or non-recourse factoring. At first glance, non-recourse ...

Trucking companies, whether small startups or large fleets, face unique financial challenges. Cash flow gaps, delayed payments, and rising operational costs can strain even the most successful ...