Improve Freight Working Capital

Trucking can be a rewarding career, due to the lure of the open road and the ability to be your own boss. But as with any business, you have to make money—and manage it wisely—to reap the rewards.

Plenty of freight is available at competitive rates, but fixed costs (such as tractor and trailer payments, insurance, fuel taxes and permits), plus variable costs (such as fuel, meals, lodging, telephone, tolls, gate fees, tires, taxes, loading/unloading lumper fees, laundry, showers and maintenance), keep coming. Cash is king of the road, so here are five ways to improve your working capital.

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We are pleased to announce TBS’s acquisition of Financial Carrier Services (FCS), soon to be known as TBS Charlotte.

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