Many carriers fail due to a lack of understanding of how the financial system around trucking works, particularly when it comes to credit. Credit can be a tool that creates options when properly understood. Trucking, with its thin margins and slow pay cycles, relies heavily on credit for survival. Factoring, a common solution, can quickly become a costly trap if not fully understood. Business credit operates differently from personal credit, and strong credit preserves options for carriers. The key to financial success lies in understanding and managing credit effectively.

Read more at Yahoo Finance: Why Credit Is Quietly Deciding Who Survives in Trucking