CAT Global Inc

Trucker13 said:
So, instead of all the back-and-forth, why not just pay your bills? CAT is acting as though it has done nothing wrong, yet multiple carriers on this very forum have shared the same experience: no responses on invoices, missed payment dates, and repeated failed promises. This situation could be resolved quickly if CAT simply honored its obligations.

I stand by my original post. Call any factoring company—CAT has been moved to DNU status. Factoring companies are no longer purchasing your invoices. But let me guess, you’ll say your “internal documents” show otherwise, just as you tried earlier to refute the Transcredit report. Those aren’t facts; those are deflections.



Instead of spending energy posting on forums, how about actually responding to carriers’ emails? Carriers deserve real communication and, more importantly, their payments. Nothing you’ve posted here has provided a resolution for the majority of us waiting to be paid.
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Would love to help as mentioned several times earlier, message me the details of your missing payments. I haven’t received any information from you directly that would allow me to resolve the issue. Once I have the details, I’ll get to work on it right away.

Tough to prove my point if never offered the opportunity...
 
CAT Global said:
Would love to help as mentioned several times earlier, message me the details of your missing payments. I haven’t received any information from you directly that would allow me to resolve the issue. Once I have the details, I’ll get to work on it right away.

Tough to prove my point if never offered the opportunity...
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Again, I do appreciate that you are making efforts to help the membership here. However, just as you wish to remain anonymous, there are other members here that deserve the same liberty.

If they reach out to you for payment, they have to divulge (to you) who their employer is. What if they don't want to do that?

Your firms opportunity to answer questions is by replying to incoming emails to your AP department.

I stand by this forum is for sharing ideas, warning others of our misfortunes and celebrating our successes. It's NOT for conducting day to day business transactions including confidential financial information.

My 2 cents,
Mike
 
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I have no skin in this game (thankfully) but I will say that to me this SCREAMS "PR".
Seems to me like a public relations campaign to convince people that the smoke that everyone can plainly see doesn't exist to try and buy as much time as possible to maneuver.

Looks like only the people that are making the most noise will get paid to try and keep everything under control.

Why else would they be on a public forum trying to manage their image instead of answering their own emails and phone calls.

I have no inside information, just critical thinking and I think the house is on fire.
 
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Global416 said:
I have no skin in this game (thankfully) but I will say that to me this SCREAMS "PR".
Seems to me like a public relations campaign to convince people that the smoke that everyone can plainly see doesn't exists to try and buy as much time as possible to maneuver.

Looks like only the people that are making the most noise will get paid to try and keep everything under control.

Why else would they be on a public forum trying to manage their image instead of answering their own emails and phone calls.

I have no inside information, just critical thinking and I think the house is on fire.
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That’s it in a nut shell. How many other companies would take the time and go to the trouble of posting day after day about how they are “doing the best they can under difficult circumstances “? The question remains, if your customers have paid you, where did that money go? Factoring companies refusing to accept their invoices, credit agencies giving bad credit reports, a seemingly endless line-up of suppliers demanding to be paid for overdue invoices……you do not need to be a financial wizard to see what’s happening here. I wish them the best of luck in resolving their difficulties, and I hope that all of the unpaid creditors receive what’s owing, however at this point, the future doesn’t look too bright.
 
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I've got no skin in the game either thankfully, but I've been in the industry long enough to see PR spin when i see one. The real question is how much time will it buy them.
 
CAT Global said:
This is yet another example of rumors and lies that serve no purpose other than to stir the pot and slow us down. Let me be clear: we have never been required to provide financials to any factoring company—this claim is simply false. All this posters comments related to factoring companies are untrue. Simply put.

In addition, no one from our staff has resigned, and regardless of personal opinions about using this forum, I continue to work directly with anyone who reaches out to get their issues resolved. Not ideal, I agree but at least demonstrating we are trying to use all avenues to get things resolved.

At the end of the day, each person can choose to work with me and my team to get paid, or not. But hopefully everyone recognizes that those “with no skin in the game,” as one poster put it, are the ones fanning the flames.

What matters is results. Every hold-up brought to me so far has been responded to and, if not fully cleared, has been given clear communication on next steps and a resolution. If you want resolution, contact me and I’ll help. If you choose not to, at least recognize the difference between facts and the deliberate misinformation circulating in this forum—evidenced by the very post I am replying to.
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This is pulled directly from DAT.

Are we also saying DAT is lying about a 44 Credit Score?

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CAT Global said:
Would love to help as mentioned several times earlier, message me the details of your missing payments. I haven’t received any information from you directly that would allow me to resolve the issue. Once I have the details, I’ll get to work on it right away.

Tough to prove my point if never offered the opportunity...
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I am giving you an opportunity. Ask your accounting team to spend couple of hours to update, with payment status, to the people who have the invoices over 60 days, to begin with.
or instead of trying to convince people here on the form, please reply those emails your self. And if any of us here on the form, receive any emails from you or your accounting, with payment updates, we will start believing that you are actually trying to put the fire away.
 
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In this industry, for me, few days can be up and down for payment. 30 days means, will always be 35-40 days. Things do get delayed. for picking up load, trucks get delayed, for delivery, can get delayed, for payment, can get delayed but till certain level. biggest issue is communication.
Just my personal opinion. others may think otherwise.
 
HI Guys
Reading review on CAT GLOBAL, I am bit scared & thinking to go after Bond company. They are not even replying emails and accounts team no one available. We got 6+ loads that are over 90days and if anyone know who to reach out please let us know.

Any help is much appreciated.
We worked with CAT GLOBAL QC Canada office

Thanks
 
day2daylog said:
HI Guys
Reading review on CAT GLOBAL, I am bit scared & thinking to go after Bond company. They are not even replying emails and accounts team no one available. We got 6+ loads that are over 90days and if anyone know who to reach out please let us know.

Any help is much appreciated.
We worked with CAT GLOBAL QC Canada office

Thanks
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Well based on this thread. Apparently DMing this guy is the only way they conduct business now a days.

Personally, I'd be rattling way more cages. Shipper/Receiver usually work well.
 
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