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 [...]
AI Summary: 1.5% Factoring Rate for Truckers Porter Freight Funding offers a 1.5% introductory factoring rate for 60 days with same-day pay, 95% advances, and 90-day recourse. Fast approvals for fleets and owner-operators. 1.5% Factoring Rate Direct Answer A 1.5% factoring rate is one of the lowest [...]
What Is Freight Factoring? (And Why Truckers Love It) Porter Freight Funding — Fast Pay, 1.5% Intro Rate, Same-Day Funding Flat, transparent pricing Chargebacks only after 90 days No termination fees with 60 notice Dedicated reps Fuel card discounts & PorterGO app Ideal for fleets + [...]