What’s the most frustrating part of getting paid after a load?

Most business runs on net 30

 

That's a bit unrealistic. It's not uncommon to hit the 45-60 day mark from job done to check in the mail.

In a previous business, 90-120 was common for some of the largest customers. Credit worthiness wasn't an issue, they were just slow.

I can't imagine there's another tool needed for carriers to get paid. If we want it fast, there's factoring and quickpay options. If we don't mind waiting, checking credit is not hard several different ways.

 

IMO, yes. That's not to say there's not opportunities to exploit. As a whole, OO's are terrible managers of money, maintenance, and time.

 

Piece of advice (disclaimer), 'Watch whats said about Brokers' or some gang up and ostracize by ridiculing the precise on point actual facts about the matter. You raise an Excellent point ever though I personally made some good connections with a few brokers saying that.. However, those same brokers who give me steady good rates are subjected to the overall outcome of the market in order to sustain their margins. Honestly, its understandable they need to uphold their 15% to 30% margin. However, the carrier will never know the overall Shippers rate and only have an idea of it of what the broker gets unkess the Shipper/Receiver tells you (note: A Shipper asked me once and was totally shocked how much I was only paid yet a plethora of individuals can't comprehend reality). In many cases though these days most Shippers are shorting shipping rates because of the tariffs and threats of more to come and because demand is beginning to subside during a potential recession.

 

You have a problem with your premise on how this works, you equate carrier with owner operator.

When you have a fleet larger than two trucks, there should no problems carrying AR net 30 or net 60 without a problem.

owner operators should have no issue with carrying AR net 30 without an issue.

what a consignee pays a broker is really not an issue, it is a problem where the broker isn’t the originating broker on the load which is where a lot of these problems happen. The fmcsa should force payment made to the truck within 30 or sooner no matter what for any broker, and allow the truck to file against the bond to get paid without delay.