419 Freight MGT, LLC

Most new owner operators will need a constant cash flow in order to quickly keep their trucking company from failing. When working with brokers some may offer quick pay however most offer 30, 60, or 90 day pay. Money will be needed in order for fuel, maintenance, insurance, truck payments and more between the time a load drop and waiting a 30/60/90 days before receiving payment from a broker or supplier. Factoring is a way by which many owner operators are able to keep their trucking business afloat. Factoring companies will purchase your invoices at a fee and wait for payment from the broker or supplier. The ability to use a factoring company can make or break a new trucking company. Factoring companies are can offer recourse and nonrecourse factoring. Recourse factoring is where if the broker or supplier does not pay their invoice to the factoring company the invoice responsibility reverses back to the owner operator. Nonrecourse factoring means that the factoring company will purchase your invoices however if the broker or supplier does not pay the factoring company will not reverse the invoice back to your company. Recourse factoring tends to be less expensive compared to nonrecourse factoring.

Without truckers the economy would come to a complete stop. Goods are needed in every corner of the world for survival. Many truckers sacrifice time with their families in order to keep the economy running, there are many truckers who only see their family once every 4-8 weeks. There are many reasons that a truck driver maybe looking for a new job, anywhere from fresh out of trucking school, to wanting more time with family. to wanting to make more money. We are here to assist. 419 Freight MGT, is a 3rd party recruiting company dedicated to finding matching CDL-A drivers with a trucking company that fits their desires. We work with over 15 companies, looking to hire dry van, flatbed, reefer, car hauler, intermodal, and teams. Every day we have access to 1000s of driving jobs. Our team of recruiters are trained in the qualifications of each trucking company that we are contracted. As recruiters our job is to make it easy for the truck drivers to find a position that fits for them. Many truckers looking for positions may have to go to each website of the companies in which they have interest and fill out an application for each one. With 419 Freight we have one general application that we use to submit applications on behalf of the driver. Depending on how fast all of your paperwork is submitted we generally are able to get drivers scheduled for orientation and hired anywhere from 72 hours to a week. Why go at it alone, we can do the work for you at no cost to you. Head over to our SERVICES page to find a link to get started on finding the proper services to fit your company's needs.