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Freight factoring is a financing method that lets you sell your unpaid invoices to a third party in exchange for fast cash. Instead of waiting weeks or months for a broker or shipper to pay after delivering the load, you receive most of the invoice value right away. For small trucking companies, this steady flow […]
How Does Freight Factoring Work for Small Trucking Companies? Read More »
Quick answer: Carrier identity theft happens when fraudsters steal a legitimate motor carrier’s MC number and use it to pose as that company, deceive brokers, and collect freight payments without ever moving a load. Verifying contact details against FMCSA records before booking is the most reliable way to catch this fraud early. Carrier identity theft
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One of the freight frauds plaguing the industry is the phenomenon of double brokering. Double brokering happens when a carrier or broker accepts a load and then hands it off to another party without the shipper’s knowledge or approval. This practice creates confusion over who is responsible for payment, which often leaves honest carriers and
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Last updated: 2026-03-18 – Originally published Quick Answer: To file a claim on a freight broker’s surety bond (BMC-84), look up the broker’s USDOT number on the FMCSA SAFER database, find their surety company in the insurance/bond section, then contact that surety directly with your rate confirmation, proof of delivery, invoices, and payment demand letters.
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Last updated: 2026-03-18 – Originally published Quick Answer: TONU stands for Truck Order Not Used. It’s a fee carriers charge when a truck is dispatched to a pickup, but the load gets canceled, isn’t ready, or doesn’t exist. Standard TONU fees run $150 to $300 for dry vans and $500 or more for specialized equipment.
TONU Meaning in Trucking: Fees, Disputes, and How to Collect Read More »
A freight broker not responding to your invoice is one of the most frustrating situations a carrier can face after completing a load. You did the work, delivered on time, and submitted your paperwork, but the broker has gone completely silent. This does not always mean the broker has gone out of business. In this
What should you do when a freight broker stops responding to your invoices? Read More »
In recent years, the number of freight broker bankruptcies has become a growing concern for Motor Carriers across the U.S. and Canada, as thousands of Trucking Companies have lost money due to freight broker bankruptcies under Chapter 7 or Chapter 11. Yes, carriers may still be able to recover money from a broke freight broker
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You generally have anywhere from three to ten years (depending on whether there was a written or verbal freight contract) to bring suit against a shipper or broker for failure to pay for hauling services. After that time has passed, you can no longer use the courts to try to collect the money owed to
1) Why Does Freight Debt Require Industry-Specific Expertise? Freight debt collection is different than collecting on consumer debt. The way you collect on unpaid freight debt is governed by federal regulations that do not apply to almost every other business. An ordinary collections agency does not know how to file a claim against a broker’s
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What is a Freight Short Pay & Why are we seeing more of this? A freight short pay occurs when a carrier receives less than their full bill from the customer/shipper or from the broker. For example, you send an invoice to the shipper for $2,500, and all you get is $2,200, with no explanation.
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