The Float for
Trucking
Fuel is paid at the pump and drivers are paid this week. The load pays when the broker gets around to it. Every truck you add widens that gap.
Get the fleets section first
Same weekly issue, your industry up top.
Load delivers
Fuel, tolls and driver pay are already out the door.
Broker pays
Often 30 days or more after a clean invoice, longer if paperwork is missing.
What we cover each week
- Where spot and contract rates are moving, and what that means against your cost per mile.
- Diesel prices and fuel surcharge language that actually passes the cost through.
- Broker pay terms, quick pay, factoring contracts and how to read them.
- What one more truck really costs before it carries itself.
Guides
Evergreen pieces we keep current. Each one is general information, not advice.
Adding trucks without running out of cash
A new truck costs money for weeks before it earns any. Plan the cash, not just the payment.
The broker pay gap: how fleets cover 30 to 60 days of float
Fuel, drivers and insurance get paid this week. The load pays next month. Here is how owners bridge the gap.
Factoring, quick pay or a line of credit: which gap does each one close?
Three common ways fleets turn a delivered load into cash sooner. Plain descriptions, what each one costs you besides money, and the questions to ask first.
Reading a rate confirmation for the cash-flow traps
The rate con is a contract. The line rate is the least important number on it for your cash. Here is what to read before you dispatch the truck.
What could your business qualify for? Take the two-minute check.