Infographic: What carriers should do when a customer files bankruptcy
When one of your customers files for bankruptcy, do you know what to do? Taking the right the steps immediately can help ensure you will receive the money you are owed.
When one of your customers files for bankruptcy, do you know what to do? Taking the right the steps immediately can help ensure you will receive the money you are owed.
The first two weeks in after a bankruptcy filing of a customer are critical to ensuring you get paid. Trucking companies, especially smaller carriers and owner-operators, are often at the end of that line – the so-called unsecured creditors. But it doesn’t have to be that way.
When a major retailer such as Toys “R” Us files for bankruptcy, a long line of creditors comes knocking. Trucking companies, especially smaller carriers and owner-operators, are often at the end of that line – the so-called unsecured creditors. But it doesn’t have to be that way.
One of the early entries in the so-called and really misnamed “Uber for trucking” movement, Convoy found immediate backers with the likes of Jeff Bezos, Marc Benioff and Henry Kravis […]