Prioritize mitigating credit risk, especially during economic uncertainty

Freight brokers and commercial fleets process hundreds if not thousands of shipments daily. In an industry characterized by a huge amount of transactions, risk must consistently be weighed against reward. While most transportation companies diligently assess the profitability of each load before inking the deal, even the most thorough risk management practices cannot mitigate each and every risk.

Many companies fall victim to the ever-present threat of late payments and payment defaults. These...

https://www.freightwaves.com/news/prioritize-mitigating-credit-risk-especially-during-economic-uncertainty

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