Unpaid freight bills are a problem that many carriers and logistics firms in the sector deal with. Knowing your legal options can help you fight for your business interests while recovering what you are due. Reviewing the terms of your contract is the first step in paying off unpaid freight bills. With clearly defined payment terms, penalties fo
How to Avoid Legal Disputes Over Freight Payment Terms
The foundation of relationships between carriers and brokers lies in 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 this article, we'll examine the most important aspects of
Freight Broker Payment Delays: What to Watch for and How to Respond
By facilitating communication between shippers and carriers and ensuring the smooth flow of goods, freight brokers have an important role in the transportation sector. However, delayed payments from brokers remain a persistent issue for carriers. These delays can affect cash flow, strain business relationships, and lead to operational problems.