Freight Factoring

Tips for New Truck Driver Operators. Consider Factoring.

You Got Your Authority – What Now? As a new business owner in any industry, you’re guaranteed to face many hurdles and roadblocks, some of which may seem impassable. This is especially true of the trucking industry. But take comfort in the fact that you’re already here, doing the research necessary to prepare for the […]

Freight Factoring: What & Why

Freight Factoring: What & Why

What is freight factoring? Is it a good idea for your fleet? We’ve laid out some of the basics to make freight factoring easier to understand! If you’ve still got questions, feel free to contact Porter Billing Services. We would love to help! Non-Recourse Factoring vs. Recourse Factoring There are two types of freight factoring: […]

Freight Factoring FAQs Answered!

Freight Factoring FAQs Answered!

Freight factoring provides your trucking company with invoicing solutions that best fit your fleet’s needs. Recourse factoring offers your fleet high advances at low rates. Often, the longer an invoice remains unpaid, the more those rates increase. Porter’s flat-rate recourse programs offer a single rate for a 90-day period.  Recourse factoring grants your business access […]

Freight Factoring Myths Busted!

Freight Factoring Myths Busted!

Many fleets are held back by misconceptions in regards to freight factoring. Don’t be one of them! We’re here to bust the myths. Learn more about freight factoring today with Porter Billing Services. Our Fleet Does Not Qualify for Freight Factoring A common misconception keeping many fleet owners from investing in freight factoring is that […]

5 Ways to Improve Freight Working Capital

5 Ways to Improve Freight Working Capital

Having working capital on hand makes managing daily operations a little easier. Take the stress out of working capital. Consider these 5 ways to improve working capital for your freight with Porter Billing Services. #1 Provide Incentives Bonuses based on working capital can help incentivize your employees. Your sales team can help improve working capital […]

Trucking Through the Summer

Trucking Through the Summer

Summer is officially here! Make sure you are staying protected while also making the most of this warm, beautiful season. Check out these tips for trucking through the summer with Porter Billing Services. Be Wary of Warm Weather Warm weather can be tough, especially without high-powered air conditioning in your truck. However, beyond the scorching […]

Update: Trucking Industry News

Update: Trucking Industry News

Calling all truckers, fleet owners, and staff members! It is important to remain aware and in tune with trucking industry changes. See what is happening in the trucking industry this month with Porter Billing Services. Senate Vote on 34-Hour Restart Amendment Recently, Senator Richard Blumenthal filed an amendment to the THUD bill. This amendment will […]

4 Tips to Fleet Growth

4 Tips to Fleet Growth

Looking to grow and develop your fleet? Check out these 4 simple tips to get ahead in the industry from Porter Billing Services. #1 There’s an App for That In today’s technologically driven society, there are apps available to help with almost everything. Apps like Google Maps and Waze can help you get around. Waze […]

Trucker's Wife Writes Powerful Poem

Trucker’s Wife Writes Powerful Poem

Time on the open road gives one a lot of time to think.  And, sometimes it brings out the creativity. Recently, the wife of a Porter Billing Services client joined him on the road and discovered it opened up her creative side and shared with us the following verse: Ya’ll quit weaving in and out, […]

CB Radios: Freight Communication at Its Finest

CB Radios: Freight Communication at Its Finest

The CB radio, or Citizens Band radio, was invented in 1945 by Al Gross, inventor of the Walkie Talkie. With over forty channels by the 1970s, CB radios were sold in mass to the public. As technology improved so did the price, and soon everybody was using CB radios to communicate, not just professionals. They […]

Get Ready for Higher Interest Rates

Get Ready for Higher Interest Rates

In 2008, the United States experienced a market crash which led many companies to get a bit lazy with their cash flow management. Low interest rates did not provide enough incentive to businesses and organizations to encourage effective cash flow management. Some businesses had cash on hand. Others were simply not concerned with the idea […]