payments

Detention, Lumper Payment Processes for J.B. Hunt Contract Carriers

December 19, 2016 2
Have you ever needed to report a detention delay or request a lumper payment and weren’t sure about the process or procedures to follow? Carriers can be reimbursed for detention when delays are encountered at a shipper or receiver facility beyond the scheduled appointment time. Most companies have specific procedures for reporting detention times and getting paid for Read More

Quick Pay vs. Factoring: Which is Best for Your Trucking Company? (Part 2)

November 17, 2016 Comments Off on Quick Pay vs. Factoring: Which is Best for Your Trucking Company? (Part 2)
This article is the second in a two-part series about choosing the best load payment terms for your trucking business. Are you considering using load factoring for faster payment processing? Ask these important questions before signing a contract with a factoring agent. Questions for the Factoring Agent: Are factoring services provided on a recourse or non-recourse Read More

Utilizing Best Practices for Faster Load Payment Processing

November 14, 2016 Comments Off on Utilizing Best Practices for Faster Load Payment Processing
Whether your fleet is large or small, technology and processes that create efficiency can help grow your business and maximize earnings. Read more below about our recommended best practices for payment processing to keep your drivers and trucks moving. Choosing Payment Options and Terms One of the most important decisions you will make for your company’s profitability is Read More

Quick Pay vs. Factoring: Which is Right for Your Business? (Part 1)

November 9, 2016 Comments Off on Quick Pay vs. Factoring: Which is Right for Your Business? (Part 1)
This article is the first of a two-part series on choosing the right load payment terms for your trucking business. Regardless of fleet size, if you own or manage a trucking company you know steady cash flow is the key to maintaining operations. How can you avoid waiting long periods to be paid for your Read More