Equipment
Business
Regulations
Life
Custom Rigs
Gear
Tag: TBS Factoring Service
Partners in Business
Some good news for owner-operator income during yearâs first half
ATBS President Todd Amen dissects the net income numbers for owner-operators during the first half of 2020 and notes the outlook for the rest of the year.
September 16, 2020
Business
Factoring competitors team up with low-rate offer as âpandemic protectionâ
TBS Factoring Service and OTR Capital are offering a 2.5% nonrecourse rate to those not currently factoring as âpandemic protection.â In other news: Two men were sentenced for their roles in a CDL testing scheme. Arizona DOT has expanded its weigh-in-motion technology for trucks.
June 25, 2020
Business
How load factoring companiesâ diverse services help some fleets grow
Factoring companies can be effective tools for small fleet growth as an outsourced back office. Find growth rates for factoring versus non-factoring fleets.
June 18, 2020
Business
How to report â or threaten to report â bad brokers, take action for payment recourse
What recourse action can you take against a broker for nonpayment? Learn how to report or threaten to report bad brokers here on Overdrive.
March 19, 2020
Business
How to vet brokersâ credit before taking a load
It's important to vet the credit risk you're taking to prevent getting stuck with the load with no compensation. Here's how.
March 17, 2020
Partners in Business
Panel talks controlling costs and other best practices for owner-operators
This GATS session of Overdriveâs Partners in Business addressed the broad topic of best practices for owner-operators. Controlling costs is perhaps the most effective strategy for success in trucking, panelists noted â not only does every saved dollar go directly to the bottom line, but many costs fall in areas owner-ops have the most control over.
September 2, 2019
Channel 19
Cash flow, freight strategies: Report from the GATS panel of independents, small fleets
PIB small fleet panel at GATS: Substantial profit can be hard-won in the trucking business, though with diligence around business analysis and cash flow, cost control, freight market wisdom and customer relationships, an independent owner-operator or small fleet owner can set themselves up for long-term success.
August 27, 2019
Business
Caution urged regarding deceptive factoring practices
A common tactic is to offer initial low or zero percent interest rates, but with contract language authorizing high rates later. Another is to make low rates contingent on a practice that is hard to maintain, such as submitting monthly operating statements, so that most every client will fail and trigger exorbitant fees.
August 26, 2019
Business
TBS Factoring helping drivers apply for authority at GATS
TBS will be in Booth No. 1644 at the show helping drivers apply for MC/DOT numbers and BOC-3 authorities, waiving its normal service fee. Drivers will still be required to pay the Federal Motor Carrier Safety Administrationâs $300 permanent authority fee.
July 13, 2018
Business
TBS Factoring goes paperless
The company has implemented a paperless system for its fast-cash invoice-factoring core service, and also celebrated its 10,000th client, hotshot hauler Larry McNeil, with recognition and a few extras.
January 27, 2017
Business
New $10K scholarship to be awarded to sidelined driver
Drivers sidelined from trucking for medical reasons are asked to submit applications for the trade-school scholarship via the St. Christopher Truckers Development and Relief Fund by Nov. 15.
October 25, 2012
Page 1 of 1