Benefits of Working with Freight Factoring Companies


Any business needs cash flow and transport companies are no different. This is why, as a manager, you need to rely on services that will increase cash flow and minimize your company’s debts. This is where freight factoring comes in handy. This service is convenient and offers instant cash flow to trucking companies.

What is freight factoring?

Freight factoring for trucking company is when a transportation company sells some or all of its invoices to a factoring company. The factoring company will offer the transportation company instant cash in return for the sale of the invoices. The factoring will take over the billing and charge a fee for its services. This process is easier than applying for a loan.

Small fleets and freight factoring

Start-ups and small business struggle a lot when it comes to securing a loan from a bank. This is because; they have little credit history and collateral. This implies that small felt companies have a difficulty when they want to purchase more trucks and expand. However, by working with a trucking freight factoring company, you will enjoy the following benefits:

Instant Payments

This is the main reason why most small fleet companies go for a factor. Unlike banks, factoring companies offer faster payments and are more reliable. In fact, most factoring companies offer 80-95% of the loads value up front. The remainder is usually paid within a month. Freight factoring will give you access to unlimited funds which you might have, otherwise, waited months for. Factoring companies will minus their own management fee from the payment.

Less risk

Using factoring will lower the risk of non-payment from big contracts or new customers. Most factoring companies operate under a non-recourse’ model. Therefore, if they don’t get paid, you will still keep the money they paid for your invoices. You will always get paid no matter what.

Minimal invoicing hassles

Invoicing can be hectic. Well, factoring will reduce your invoicing workload. Rather than submitting your invoice directly to customers and then following up when they aren’t paid, just submit all your documents to your factoring company. They will carry out collection and billing for you. This gives you more room to focus on other areas of your business.

Is factoring right for you?

If your main problem is not being able to pay for business expenses because shippers are paying slowly, factoring is what you need. To qualify, your:

· Invoices should be free of encumbrances.

· Clients/shippers must have a reputable commercial credit.

Most small truck fleets can meet these requirements. Boost your cash flow today and expand your company.

Get To Know When to Rebuild Your Engine

truck-191919_640Most people just hear about engine rebuilding but they don’t exactly know what an engine rebuild means. An engine rebuild is done for many reasons. Do you know what to look in an engine that needs to be rebuilt? There are various signs that should tell you that your engine is not in good condition.

First, if you realize that your exhaust is producing excessive white smoke and oil consumption is not economical as usual, consider an engine rebuild. This results from worn piston rings. Additionally, knocking and loud banging noises are signs of a worn out engine. Finally, a sudden loss of engine power means that it needs to be rebuilt.

Tips for improving the life of a damaged engine

There are two approaches of rebuilding your engine: repairing individual parts and replacing the entire engine. If you opt to repair the entire engine then you must be ready to spend more but the results will be long lasting. However, you can opt to improve your engine as follows;

  • Replacing engine bearing- this helps to reduce that engine suborn noises as well as for low oil pressure.
  • Replacing pistons and piston rings- a compression test should be done before replacing the piston and the piston rings. If the test reveals that these parts are not in good condition, a replacement is necessary. A replacement will increase engine efficiency and effective fuel consumption.
  • Replacing timing chains, car drives and belts- a wear of these parts affects engine performance drastically. Remember, if the chains and belts break, that will be the end of your engine. It is therefore important to replace the parts if they are not in good condition.
  • Replacing lifters and camshaft- all pushrod cams must be installed together with new lifters for best performance.
  • Replacement of engine valves- it is important to note that a weak engine valve limits your engine’s power potential. Damaged valves may also lead to burning of other parts, such as, the exhaust.


Everyone loves to see their car engines in good condition. However, your engine will show signs of failure when one or two parts are damaged. At this time, you need to act swiftly to safeguard your investment before it is too late. Your engine needs ultimate care.

Benefits and Features of the HP2000 Auxiliary Power Unit

semi truck with hp2000 apuDesigned specifically for the transport industry, the HP2000 auxiliary power unit has taken 10 years to develop, test and use on the road. It has featured astounding results by proving to handle extreme temperatures that most drivers are accustomed to everyday. This power unit eliminates the need for a truck’s engine to idle thus significantly reducing fuel usage whilst permitting the driver to enjoy all the privileges that usually come with an idling engine. The following are the most notable benefits of the HP2000 power unit.

It is cost-effective- An idling engine consumes a lot of fuel, thus, turning off the main engine of a truck grants a range of benefits such as reducing carbon emissions, reducing fuel consumption and saving the truck’s engine from the wear and tear it is ordinarily accustomed to when the truck’s engine is idling. It is noteworthy that legislative bodies are increasingly coming up with no-idle legislation meant to reduce emissions, reduce noise and save fuel. Some of those legislation’s are presently being adopted in the United States of America and Canada.

Quick Installation

In a world that requires lots of efficiency and where everything flows with time, it can be disconcerting when installing a power unit consumes huge chunks of your time. Thankfully, the HP2000 is so easy to install, thus, saving a lot of precious time. In under 6 hours the complete power unit system will be up and operational in your truck.

The Power Unit Features a Cooling, Heating and Charging Functionality. The heat pump provides 20000 BTU cooling, 20000 BTU heating, 12 Volt DC, 150 amp for the vehicle batteries and standard 65 amp charging power.

It is strong, light and quiet

The power unit features a proven electric start, 2 cylinder Perkins diesel engine which drives the patented heat pump system. The heat pump system runs quietly, runs smoothly and is not expensive to maintain.

Long Warranty Period

The engine comes with the manufacturer’s two year warranty.

Cutting Edge Technology

The power unit features state of the art control systems that are incredibly simple to operate. The pump features high-tech functionalities such as a calendar start, low battery start, coolant temperature, auto heat and cool climate control.

Dependable Power

This APU integrates an invertor combination that provides high quality alternating current power. If you remove the generator head, the HP2000 is more than 200lbs lighter as compared to other APU’s in the market. Moreover, its engine can run an incredibly low 1800 RPM which then reduces fuel consumption and a smooth, quiet operation.

The Benefits of Using HP2000 on your Semi-Truck

The gross weight of the auxiliary power unit is only 345lbs thus making it one of the lightest APUs in the market. Admittedly, the weight does not in any way impact fuel consumption but it definitely reduces the load of the semi-truck. Moreover, a lightweight auxiliary power unit is far easier to mount and dismount.

It Has a High BTU Rating

Since most semi-trucks operate throughout the calendar, many of the truck’s resources are used during extreme temperatures. To survive in the extreme temperatures, the truck drivers therefore need an auxiliary power unit that will provide hot or cool air for long periods of time. Fortunately, the HP2000 has the ability to produce 20,000 BTU of both A/C and heat. This is sufficient to cover the needs of the driver.

Reduced Fuel Consumption

Most states in America have adopted the anti-idling law. An ordinary APU has a consumption rating that ranges from 0.75 to 1.2 gallons each hour, which is higher than what the anti-idling laws recommend. The HP2000, on the other hand, consumed only 0.11 gallons every hour. That is below the limit that is recommended in the anti-idling law

The HP2000 APU is Compact

Truck owners usually face a big challenge when installing the Auxiliary Power Unit. The problem is compounded if the chassis has not been designed, as it does happen in some cases, keeping APU in mind. If, for instance, you buy a large APU, you will have to relocate the fuel tanks and air dryer to fix the auxiliary power unit. Conversely, the HP2000 is compact and it can easily fit most chassis.

In conclusion, the HP2000 APU is a good product that is fuel efficient, cost-effective and compact. Purchasing the HP2000 is another way of abiding by the anti idling laws in some states as this APU is fuel efficient.

Your Truck Is Your Mobile Home – Take Care Of It

When you’re a truck driver, you spend more time driving the truck than you spend at home. Some people are born for this kind of life and they enjoy the thrill and the pleasure that it brings. However, for making sure that you always return safely back at home, you need to do at least a few things before you get up behind the wheel.

Taking care of your truck is extremely essential, not only because you spend so much time on it, but also because you drive it for long distances on different kinds of roads.

drivers-menuThe trucks function exactly like any other car, the only difference being that they are bigger and harder to handle by an inexperienced driver.

Here’s what you need to do to keep your truck in a functioning state.

Maintaining the Truck

Making a regular maintenance is the key to making sure that your truck functions perfectly. As you surely know, there are some things in the vehicle that need a constant replacement. Some have to be changed after a certain number of miles, others after a certain time has passed while others simply have to be changed when it’s needed.

The regular maintenance will make sure that you have the oil changed for the engine, along with the needed filters that the vehicle functions with. This will make sure that the engine works properly, and the fuel consumption is lower.

Apart from this, the regular maintenance will also tell you if there are other parts that need to be changes. Of course, any truck driver knows a lot about mechanic, so if you’re an experienced truck driver, you’re going to know beforehand what the truck needs to have changed.

Update the Insurance

truckerapp_2.001-343x343In some cases and for some trucks, it’s not enough to have only the mandatory insurance, also known as the compulsory MTPL, but you can also have an insurance providing full protection from damages, also known as CASCO – an acronym for Casualty and Collision.

The MTPL is mandatory and it has to be done by every vehicle that runs on the public roads, while the CASCO is optional, and it covers different damages, like vandalism, collisions, theft or burglary, but also weather incidents like storms, floods or even fire.

If you’ve got a truck that is new or less than 10 years old, you can ask for a CASCO from any insurance provider. They will evaluate your car and they will determine a sum of money that you have to pay each year for this kind of insurance. In case you have an incident and you request the money for fixing or repairing the car, the insurance company will give you back the sum that the truck was evaluated for.

Respect the Tachograph

Truck-Driver1Every truck driver knows the rules and regulations of driving a truck on public roads. For making sure that these rules are respected, the companies have two options – they use two drivers for the same truck at once, to make sure that the cargo is delivered on time, or when there’s no hurry, they ask them to respect the tachograph.

The tachograph is that device that is installed on the big vehicles to see the speed that the vehicles has run with and the resting time. Usually, they have to respect a four hours driving period alternated with a four hours resting period.

If the truck drivers respect these requests, they will avoid getting too tired from a long period of driving and the vehicle will also be used according to the regulations.