First In Transportation- Orangeville, ON

Their billing address is 595 Riddell Avenue, Orangeville, ON.
Coincidentally, the loads are to be delivered to Taylor MFG- 595 Riddell Avenue, Orangeville, ON.
Hard Pass.
 
They have been around for many years. Great people to work with
 
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Unfortunately, after some investigating, First In Transportation did not pass our vetting process.
This doesn't mean they wouldn't pay, just the risk does meet the reward from our position.

**Disclaimer** We did offer EFT before pickup but they refused to pay in advance.
 
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Does your from pay carriers in advance? I am sure you could get huge discounts on the freight bills if you do. The risk is way too high for me. Not to mention the cash flow crunch it would cause me.
 
DBHill said:
Does your from pay carriers in advance? I am sure you could get huge discounts on the freight bills if you do. The risk is way too high for me. Not to mention the cash flow crunch it would cause me.
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If you're new to the industry, company that is, you should account for paying carriers to move your loads up front. This method is used to establish credit. If your company has been around for years and shows consistent signs of paying within the standard 30 to 45 days then some carriers extend credit.
 
I am a little shocked. Most companies can not prepay for shipments. To suggest that a carrier can prepay several shipments per day sounds a little off to me.
But even if you could, what happens if the carrier simply takes your money never to be heard from again.? Am I the only one that thinks like this?
 
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DBHill said:
I am a little shocked. Most companies can not prepay for shipments. To suggest that a carrier can prepay several shipments per day sounds a little off to me.
But even if you could, what happens if the carrier simply takes your money never to be heard from again.? Am I the only one that thinks like this?
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It's happened to me. I sometimes advanced paid carriers I thought I could trust. For the most part it worked fine.. I got the inside track on their trucks. But I also got screwed a couple of times. If you're going to prepay make sure there's a big upside to compensate for the risk you're taking.
 
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DBHill said:
I am a little shocked. Most companies can not prepay for shipments. To suggest that a carrier can prepay several shipments per day sounds a little off to me.
But even if you could, what happens if the carrier simply takes your money never to be heard from again.? Am I the only one that thinks like this?
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If a customer is new or trying to establish credit then this shouldnt be a surprise to pay the first couple shipments upfront.
 
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We have lots of clients (carriers and brokers, and direct clients) that are required to provide a credit card for payment during the online booking process. The card is charged during the order entry process on our website. Any additional charges incurred during the pickup or delivery are also charged to that same card upon completion of the delivery. We do have thousands of clients who also have established terms with us. We have very little resistance to our order booking and finance policies and procedures.

I do agree its much easier to ask for funds up front from your new or unknown clients / brokers / carriers when your an established carrier with a excellent reputation.
 
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DBHill said:
Credit card provides safety for both ends. It's easy to stop a credit card charge.
Eft are reversible up to 24 hours.
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Exactly... and if the merchant is setup properly and gets a signed sales draft for the transaction, we have zero exposure to chargebacks. Its Risk free on our end... clients get protection via their card holder agreement.

We also find some clients want to use a credit card, even some large brokers, due to the fact they are collecting "cash back" or rewards from the card issuer..... 2% cashback, aeroplan points, etc makes a difference when your spending 10's thousands per month a card.
 
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