freight broker agent, freight agent, freight factoring

What is Freight Factoring and the Difference between Freight Broker & Freight Agent?

Freight factoring, also known as transportation factoring, trucking factoring, or freight bill factoring, is the process of a person or organization delivering a load selling their invoice to a factoring company. When a factoring business buys your invoice, it becomes the company’s property. Simply put, freight invoice factoring occurs in the process by which owner-operators, […]

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