Freight factoring vs line of credit — quick answer: The quick answer: Freight factoring turns unpaid load invoices into cash immediately without debt or interest. A line of credit is borrowed capital that involves interest and impacts credit. Trucking companies often get faster access to working capital from factoring. [...]
Learn how the death of cartel leader El Mencho triggered violence and disrupted freight corridors between the U.S. and Mexico, and what carriers should watch next. Summary The killing of cartel boss El Mencho triggered violence that disrupted key U.S.–Mexico freight corridors. Learn how this event affects cross-border [...]
Experienced Credit Executive Joins Porter Freight Funding to Lead Credit Strategy and Risk Management Birmingham, AL — Porter Freight Funding, a leading freight factoring company serving transportation businesses nationwide, today announced the appointment of Chris Shelton as Senior Vice President of Credit. Shelton brings more than 10 years of [...]
Summary Quick pay sounds convenient, but most truckers are overpaying for their own money. Broker quick pay fees often run 1%–5% per load, vary by broker, and still take days to hit your account. Freight factoring offers same-day or next-day funding, predictable rates, and works with all brokers. For [...]
As the freight market continues to tighten, many transportation businesses are being forced to rethink how they generate stable income. Rate pressure, slower freight volumes, and longer payment cycles have made it harder for carriers, brokers, and service providers to rely on a single revenue source. Industry data from [...]
Birmingham, Ala., January 20, 2026 — Porter Freight Funding, a leading freight factoring company dedicated to supporting carriers and fleets nationwide, is pleased to announce the hiring of Katherine Alverson as Director of Marketing. In her role, Alverson will lead Porter Freight Funding’s marketing strategy, brand development, digital performance, [...]
Why “Fast Pay” Isn’t Always a Smart Move for Trucking Companies In 2026, a growing number of trucking companies are choosing to turn down “fast pay” load offers — even though they promise quicker access to money. At first glance, it might seem counterintuitive: who wouldn’t want cash sooner? [...]
Key Trends Shaping the Trucking Industry in 2026 The trucking industry outlook for 2026 points to cautious improvement—but not a rapid recovery. After several years of economic pressure, analysts expect modest gains in freight activity and utilization. However, the broader trucking market forecast suggests carriers should prepare for a [...]
What the Collapse of Bollinger Motors Means for the EV Truck Market (and Why It Matters) What Happened: Bollinger Motors Is Officially Closed Bollinger Motors — the Michigan-based EV startup behind the B4 Class-4 electric truck — has shut down operations permanently. Their final day of business was November [...]
What 2025’s Market Shift Means for Carriers Every winter, the trucking industry enters a predictable — yet always painful — pattern: the annual capacity purge. As referenced in FreightWaves’ recent reporting and syndicated industry coverage (Source), this seasonal shakeout sees thousands of small carriers parking their trucks, giving up [...]