Factoring is a financial service where you sell your accounts receivable (invoices) to a factoring company like Trucking Nexus in exchange for immediate cash. This allows you to access the funds right away instead of waiting for your customers to pay. The factoring company then collects payment directly from your customers when the invoices are due.
Once your invoices are submitted and approved, you can receive up to 90% of the invoice amount within 24-48 hours. The remaining balance, minus any fees, will be paid to you once the customer has settled the invoice.
Factoring fees typically range from 1% to 5% of the invoice value, depending on the volume, payment terms, and the creditworthiness of your customers. We work with you to ensure the fees are transparent and competitive, providing you with a clear understanding of the costs upfront.
Factoring is ideal for trucking companies that need quick access to cash but struggle with long payment cycles from clients. Whether you're an owner-operator, a small fleet, or a large company, factoring can help you maintain cash flow and cover operational costs without waiting for clients to pay.
Trucking Nexus offers a wide variety of trailers for rent, including dry vans, flatbeds, refrigerated trailers (reefers), and specialized equipment. Whether you need a standard trailer for general cargo or a temperature-controlled unit for perishable goods, we have options to meet your specific needs.
Renting a trailer from Trucking Nexus is easy. Simply contact our team via our website or phone, and we’ll guide you through the rental process. We’ll help you choose the right type and size of trailer based on your requirements, and we’ll make sure it’s ready for you when you need it.
We offer flexible rental terms. Whether you need a trailer for a day, a week, or several months, we can accommodate your needs. You can rent a trailer for short-term or long-term periods depending on your business requirements.
At Trucking Nexus, we specialize in trailer rentals, but if you need a driver as well, we offer driver recruitment services. If you're looking for both a trailer and a driver, we can help you find the right solution to meet your needs.
Yes, once we provide you with a qualified candidate, you can hire them directly. We assist with the initial recruitment process but leave the final hiring decision to you. Our goal is to make the hiring process as smooth and efficient as possible, ensuring that you find the best fit for your business.
At Trucking Nexus, we are committed to your satisfaction. If a driver we’ve recruited doesn’t meet your expectations or isn’t the right fit for your business, we’ll work with you to find a replacement. Our goal is to ensure that you are completely satisfied with the drivers we provide.
We offer both permanent and temporary driver recruitment services:
Let us know your needs, and we will provide you with the right solution.
Getting started is easy! Simply reach out to our team, and we’ll discuss your needs and begin the recruitment process. We’ll work with you to define the job requirements, provide a selection of qualified candidates, and ensure a smooth and efficient hiring process.
ELDs automatically track and record driving time, rest periods, and location data. They connect directly to a vehicle's engine to monitor its operation, automatically logging driving hours without the need for manual entry. The data is stored electronically and can be accessed by drivers and fleet managers for reporting and compliance purposes.
Yes, ELDs can be installed on vehicles manufactured before 2000, as long as they are compatible with the device. However, if your vehicle is extremely old or has outdated technology, it may require additional equipment to ensure compatibility with modern ELD systems.
ELDs are required by law for most commercial vehicles that are involved in interstate commerce and have a gross vehicle weight rating (GVWR) of over 10,000 pounds. The ELD mandates were introduced to reduce driver fatigue and improve safety by ensuring drivers are compliant with HOS rules. Installing an ELD helps you avoid penalties for non-compliance and makes it easier to track and manage your fleet’s hours.
If your fleet is required to use ELDs and a driver is found operating without one, they could face fines or penalties from regulatory authorities. Additionally, non-compliance can lead to issues with auditing, operational inefficiencies, and potential safety concerns.
Yes, we provide dispatch services for both local and long-distance operations. Whether you're managing short-haul routes or long-haul trucking, we have the expertise to optimize your fleet's efficiency and ensure on-time deliveries, regardless of distance.
Yes! Our dispatchers maintain direct communication with your drivers to ensure smooth operations. We provide clear instructions for each load, update drivers with real-time information, and address any concerns or issues that may arise during the delivery process.
Getting started with our dispatch services is simple. Just contact us to discuss your fleet's needs, and we will work with you to create a custom dispatch plan. From there, we will assign a dispatcher to your account and begin managing your loads and routes for seamless operations.
We use state-of-the-art tracking technology to monitor your fleet’s progress in real-time. We provide regular updates on the status of shipments and can inform you of any delays, route changes, or issues that may arise. Our system ensures transparency, so you always know the exact location and condition of your shipments.