Aug 15, 2017 • Carriers

5 Best Things About Our Freight Factoring Company

5 Best Things About Our Freight Factoring Company

Why InstaPay is the Best Freight Factoring Company

Using a reliable freight factoring company like Trucker Path InstPay is a great option for owner-operators to better manage their cash flow. However, not all factoring companies are created equal. Here are five things that make InstaPay the best freight factoring company for you.

1. Non-Recourse Factoring – We Collect For You

Our non-recourse factoring means we assume liability to collect from your clients. We pay you for your invoices and we assume the risk to collect, not you. Choosing to factor with our factoring company allows you to operate risk-free and focus on running your business of hauling loads. Send us your bill of lading and rate confirmation right after you haul and we’ll get you paid!

2. Get Paid in a Day

It’s all in our factoring company name. With InstaPay, you no longer have to wait 30 or more days before getting paid by your clients. Our factoring company pays you within a day after hauling a load. it’s instant!

3. Flat Rate – No Fees

Our factoring company charges a one-time, flat rate which means there’s only a one-time charge of a small percentage of the invoice total. There are no hidden costs and you won’t be charged for ridiculous factoring fees that other factoring companies will.

We even offer a special rate on your first load and discounts for referring friends who want to use a freight factoring company like InstaPay as well!

4. The Most Transparent Factoring Company

There are no contracts or commitments with InstaPay, just a short list or terms to agree to. We don’t require you to factor with us for a specific amount of time or require a minimum volume. There is no fine print to worry about. We pride ourselves on being completely transparent.

You’ll never be forced to factor a specific volume or length of terms. Factor on your terms and use InstaPay anytime you want.

5. Easy to Use Right From You Phone

We know how busy you can be, especially when you’re always on the road. Factoring with InstaPay is easy to set up and even easier to use. Our user-friendly Truckloads app allows you to take pictures of your documents and send them right from your phone.

Don’t let your cash flow become an issue. Signing up with our factoring company is a breeze and you can get paid in a day! So what are you waiting for?

[button text=”Sign Up For InstaPay” href=”https://www.getinstapay.com” width=”250px”]

TagsFreight Factoring

Industry Update - January 24, 2020 <h4>By Paul DeCoste</h4> <h3></h3> <h3></h3> <h3><strong>Industry Update</strong></h3> Curious about the top issues discussed in the trucking industry in 2019? Take a look at this graphic from the ATRI Top Industry Issues 2019 survey. <h3> <a href="https://truckerpath.com/uploads/2020/01/image002-1.png"><img class="size-medium wp-image-4869 aligncenter" src="https://truckerpath.com/uploads/2020/01/image002-1-300x244.png" alt="" width="300" height="244" /></a></h3> <h3><strong>Weather Update</strong></h3> <a href="https://www.freightwaves.com/news/snowstorm-lingers-into-weekend-for-midwest-northeast-with-forecast-video">This snowstorm</a> has been building up over the past few days and drivers need to be aware of some potential snowfall in the Midwest. The following locations should be driven on with caution for the weekend; Milwaukee and Green Bay, Wisconsin, Michigan’s upper peninsula, Chicago and South Bend, Indiana. <h3></h3> <h3><strong>Pilot Name Change</strong></h3> <a href="https://cdllife.com/2020/truck-stop-giant-announces-big-name-change/">Just yesterday, Pilot Flying J announced that</a> they are changing their company name to “Pilot Company”. This new corporate name is meant to, “serve as an umbrella that captures the total portfolio of the business as it continues to expand its retail and energy operations.” <h3></h3> <h3><strong>Driver Saves Lives</strong></h3> <a href="https://www.truckersnews.com/driver-fights-fire-at-accident-scene-honored-for-his-efforts/">Linden O’Donnell went out of his way to put out a car fire</a> and help several motorists. He was driving on the right side of Interstate 280 when he witnessed a car smash into the back of a stalled SUV. Thankfully the SUV was empty, but the passengers of the car were barely conscious and in need of help. As fire crept from the engine to the cab, Linden ran to grab his fire extinguisher and put out the flames. This allowed Linden to safely assist the drivers out of the car and out of harm’s way. His courage and ability to react deserves the honor he is receiving. <h3></h3> <h3>New Tech</h3> <a href="https://www.ttnews.com/articles/companies-explore-using-old-electric-car-batteries-cut-costs">This pilot study done by American Electric Power and Nissan Motor Co</a>., is testing the reuse of old batteries to reduce costs for electric cars. This new process has the potential to lower system costs by one-half and even extend the power of lithium batteries by one-third.

Jan 24, 2020 • Carriers

New Year, New Trucks 2021 [p]The trucking industry has had to deal with several challenges in the past few years, with more yet to come. The ever-changing world has ushered in a new era urging the industry to change with it. We have arrived at a point in time, where the environment is better cared for, and driver safety is held supreme. As a result, traditional semi-truck manufacturers have had to adapt and conform to modern safety and emission standards. The new threat from all-electric trucks is another drive for old truck manufacturers to change their ways or risk losing to the competition. We are nearing the era of sustainable, greener trucks that are environmentally friendly and easy to drive. [/p] [p]So what do we have in store for 2021? Let's take a look at the much-awaited upcoming trucks from the industry-leading marques. [/p] <h2></h2> [p][b]Kenworth [/b][/p] [p]Kenworth is one of the oldest truck manufacturers in America with a rich history. They have plenty to offer when it comes to heavy-duty class 7 and class 8 trucks. The Kenworth T680, the Kenworth W990, and the Kenworth T880 are three notable mentions that deserve a place on our list. The three trucks are due to come out in 2021 with a fresh approach towards safety, efficiency, and performance. [/p] [img src="https://truckerpath.com/uploads/2021/01/202101-BLOG-New-Year-New-Trucks-2021-Kenworth.jpg" alt=""] [p]The giant machines are safer than ever, with a host of driver-assist features to make driving hassle-free. The W990 and the T880 can sport the Wabco OnGuardACTIVE safety system that enhances your abilities as a driver. [/p] [p]What’s more, the new T680 gets Level 2 autonomy with Bendix Wingman Fusion, which is a step into the future for the traditional marque. Kenworth has also partnered with the Meritor for the T680e, an electric version of the sturdy T680 that would work wonderfully on short routes. [/p] <h2></h2> [p][b]Peterbilt [/b][/p] [p]The Peterbilt 579 comes new and improved for 2021 with even better comfort and safety options. The 579 truck has been a popular choice in the past years, and more customers are likely to turn towards the new UltraLoft Sleeper model. The fresh model 579 comes with the Bendix Wingman Fusion system as standard.[/p] [img src="https://truckerpath.com/uploads/2021/01/202101-BLOG-New-Year-New-Trucks-2021-Peterbilt.jpg" alt=""] [p]The 579 truck has top of the line aerodynamics that reduce drag, improve efficiency, and result in overall better performance on the highway. Not to mention the mighty engine that roars under the hood producing inhumane levels of torque. [/p] [p]The Peterbilt 389 is another popular model that makes its way into 2021 with extra features to go with its traditional styling. It comes equipped with Peterbilt’s SmartNav technology and the SmartLINQ diagnostics system that allows over the air updates and lets you diagnose engine issues while sitting in the cabin. The 389 is a step in the future with the same traditional looks. [/p] <h2></h2> [p][b]Mack [/b][/p] [p]Mack trucks have been around for more than a century and they have proven to be the best of the rest. The Mack Anthem is a testament to Mack's unwavering commitment to making up-class trucks. The Anthem comes with a dominant design, a potent engine, and a comfortable interior making it the perfect all-around truck for highway driving. [/p] [img src="https://truckerpath.com/uploads/2021/01/202101-BLOG-New-Year-New-Trucks-2021-Mack.jpg" alt=""] [p]The 2021 machine gets Command Steer that reduces the driver's effort by over 30% allowing you to maneuver with masterful precision anytime every time. However, if you are a bit of an old-timer then the Mack Pinnacle is the truck for you. This traditionally designed big-rig carries on with the design philosophy of an old truck, but it has the safety and technology of a modern one. The Pinnacle has a low center of gravity for better road grip, a forward axle position for heavier payloads, and a sturdy chassis to handle extremely heavy freight. All in all, a great truck for both off-road and on-road applications. [/p] <h2></h2> [p][b]Freightliner [/b][/p] [p]The Freightliner Cascadia takes the limelight in the Freightliner line-up as this new truck comes with a host of modern technological upgrades that old truckers would only dream of in their time. The Daimler Detroit Assurance Suite 5.0 comes equipped in the Cascadia providing Level 2 autonomy and safety. On the other hand, the Detroit powertrain ensures no payload is heavy enough for Cascadia. [/p] [img src="https://truckerpath.com/uploads/2021/01/202101-BLOG-New-Year-New-Trucks-2021-Freightliner.jpg" alt=""] [p]If you are looking to shift to a greener option within the Freightliner line-up, you can consider the eCascadia, an electric version of the brilliant Cascadia. The e-version gets all the tech and safety features and the comfort options found in the Cascadia. The largest difference comes in terms of performance as the eCascadia gets a 475 kWh battery to power the truck for 250 miles. The 0 to 80% charge takes 90 minutes, which is remarkable considering the size of the battery. [/p] <h2></h2> [p][b]Conclusion[/b][/p] [p]When it comes to buying a semi-truck in America there are many options to consider. You can go for the more traditional looking variants or step into modern territory with the futuristic-looking big-rigs. If you go even further, there is the all-electric truck market that hasn't been tapped to its full potential. The Tesla Semi is one truck you can consider as it is planned for a 2021 release. No matter the case, with <a href="https://www.epa.gov/transportation-air-pollution-and-climate-change/carbon-pollution-transportation">emissions reaching alarming levels</a>, it is time for the semi-truck manufacturing industry to move into new territories. [/p] <h2></h2> <h2></h2> [p][b]By Aldous Aldwin[/b][/p]

Jan 15, 2021 • Carriers

Trucker Path Partners with Bennett International Group [p](MOUNTAIN VIEW, Calif., May 23, 2017) – Trucker Path, creators of America’s most popular apps in the trucking industry today announced that it has partnered with Bennett International Group, LLC in order to promote efficiency for its drivers.[/p] [p]In connection with the partnership, the Trucker Path app will be installed by default on all Bennett tablets used by its drivers. The utilization of Trucker Path saves drivers an estimated 11 hours per month, while wasted time searching for safe parking can cost the trucking industry $5.1 billion annually.[/p] [quote]“Bennett Motor Express is an established leader in the freight and logistics industry. They have embraced technology to help in their efforts to recruit and retain owner-operators and we are certain that the Trucker Path mobile app will continue to bring value to Bennett by providing their owner operators with cutting-edge technology”, said Leigh Foxall, VP of Sales at Trucker Path.[/quote] [p]Trucker Path is a trip planning app for truck drivers features over 8,000 locations where drivers can find available truck parking updated in real-time, check the status of a weigh station, compare diesel fuel prices and find nearby repair centers or truck washes.[/p] [p]The crowd-sourced app has over 800,000 monthly parking updates initiated by 530,000 active users. Drivers can filter parking searches with locations such as TA & Petro, Loves, Pilot & Flying J, independently owned truck stops, rest areas and even Walmarts that are verified to allow overnight truck parking. The app also provides a list of a location’s amenities, parking history, nearby restaurants and reviews from fellow drivers.[/p] [quote]“It’s hard to find a place to park for me because I am larger than a regular 18-wheel truck and I use Trucker Path all the time to find a place to park. I typically can only run during daylight hours and my truck takes up two or three spots,” said Bennett heavy haul driver Heath Utter. “I look at a place's details to see who has the biggest lots and I look at the updates to see how many spaces are left.”[/quote] [p]Bennett International Group began in 1974 and has since expanded internationally, providing heavy hauling and various specialty transportation and warehouse services. Similar to Trucker Path, Bennett elicited input from drivers to shape the necessary course of actions to progress its offerings.[/p] [quote]“We decided to start installing the (Trucker Path) app based on driver feedback. It was our drivers that introduced it to us, ” said Chris Hanie, Driver Tech Support for Bennett International Group, LLC. “By offering drivers apps to get real-time information, from fuel discounts to load alerts to detailed route planning, it helps them to be hyper-efficient when they are not behind the wheel. Our goal is for all our drivers to have this app on their devices.”[/quote] [p]Trucker Path is a leader in delivering advanced technology to the trucking industry. Its trip planning navigational app has over 1.5 million installs and is the highest rated app in the industry on both Google Play and the App Store.[/p] [video id="NSSOwFRJaQw"] [p][b]About Bennett International Group, LLC[/b][/p] [p]McDonough-Ga.-based Bennett International Group is a woman-owned, Women’s Enterprise Business Council (WBENC)-certified, diversified transportation and logistics company. Through its nine affiliated operating companies, Bennett International Group delivers integrated transportation and supply chain management solutions worldwide.[/p] [p][b]About Trucker Path[/b][/p] [p]Silicon Valley-based Trucker Path released a crowd-sourced navigation app for truck drivers in late 2013. With advanced mobile technology, the crowdsourced Trucker Path application has grown to become America’s largest community of truck drivers with over 530,000 active users or 30 percent of all Class 8 truckers. The exponential growth of the app led to the release of Truckloads, an online marketplace connecting freight companies with carriers for both web and mobile devices, in March 2016. By April 2017, Truckloads became the most downloaded mobile app for freight matching with over 300,000 installs. The Trucker Path team strives to improve efficiencies in the freight transportation industry while making life on the road easier, enjoyable, and more profitable for truck drivers.[/p]

May 23, 2017 • Community