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Credit & Collections in the Freight Industry

A comprehensive guide to credit and collections management specifically tailored for the freight industry in North America.

This book covers best practices for extending credit to carriers and brokers, managing accounts receivable, resolving freight bill disputes, and collecting overdue accounts in the US, Canada, and Mexico markets.

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Table of Contents

  • Prologue
  • Introduction
  • Chapter 1: Collection Process
  • Chapter 2: Processing New Accounts
  • Chapter 3: Normal Collections
  • Chapter 4: Accounts Receivable Factoring
  • Chapter 5: The Law and Transportation
  • Chapter 6: Past Due Receivables
  • Chapter 7: Allocation of Unpaid Bills to Collection Agencies
  • Chapter 8: Transportation Intermediaries
  • Chapter 9: International Collections in Mexico
  • Chapter 10: FMCSA Regulations

Foreword

The freight industry operates on thin margins, and unpaid invoices can mean the difference between profit and loss. After two decades working with carriers, freight brokers, and logistics companies across North America, we have seen how the right credit and collections practices can transform a company's cash flow and profitability. This book compiles the most effective techniques for managing credit risk and collecting overdue accounts in one of the most dynamic and challenging industries in the world.