Lodestar Freight Solutions - Mississauga

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Upforit

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Mar 5, 2010
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Anyone have payment info on Lodestar Freight 12 Front St in Mississauga?

According to D&B looks like closer to a 60+ day payer.

No broker MC # and no bond.

Looks like maybe working out of a house (hoppefully not a boat !! LOL!!) in Port Credit according to Google Earth.

Some flags going up here...
 
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Lodestar Freight Solutions - Mississauga - 905-271-7702

Looking for current payment trends on the above noted company.

Thank you
 
Haven't done anything with them for a couple of months but they have always paid in the 30-45 day range. Ken is a good guy and been around.
 
Last June and the took 74 days to pay, looks like that is their typical payment terms and we use them as a last resort if we are stuck someplace.
 
We accepted the load from them on only 1 term: cheque should be received within 30 days. Deborah Dunne Customer Care Manager & Accounting at Lodestar Freight Solutions Inc. emailed us and assured that it will be processed and sent within 30 days and that this promise is approved by their COO.

30 days later NO cheque... we called, we emailed ... respond was "it will be processed by the end this week" next week was same respond....
payment was received 65 days late

They make promises that they can't keep!
 
Pretty sure he lost a few key employee's. Probably that's create cash flow problems with them.
 
Anyone have an update on payment trend from these people, I have 1 invoice outstanding for 60 days and seem to be giving excuses. Told cheq being mailed by end of day today, then at 4:59 pm they needed updated insurance, which they already had when we did the load.
 
We did 1 shipment last year...

Before we accepted the load, Accounting department promised us that we will be paid within 30 days.

Of cause it was a lie ...
we called every morning (after 30 days) to get the cheque

51 days later we got the cheque
 
1 shipment ...took 65 days to get paid...every week we were told cheque has been mailed when we started following up on the payment after 40 days. First and last shipment with them. DNU!!!
 
We have done 2 shipments for Lodestar and both have not been paid. If you are any load for them right now please do not deliver it because you will not get paid. Hold the load and ask for payment first! We did one load in January and one load in February.
 
Took a small load in Mar, currently over 90 days and still chasing payment. Current address is listed to Oakville but I suspect they either moved or the address is near the border?
 
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Still chasing March load payment. When emailing in, received this response:

Good Afternoon;

Thank you for your e-mail.

With reference to payment, may we please ask for consideration that we respond to you no later than Friday 13th 2021 with reference to your cheque number, payment and/or when payment will be processed and/or if it has already gone we will provide cheque number.

Please be assured if any invoices are outstanding or are coming due, they will be addressed and paid as we have always paid all of our partners and will continue to do so.

We thank you for your ongoing support and continued partnership.
 
Upforit said:
Anyone have payment info on Lodestar Freight 12 Front St in Mississauga?

According to D&B looks like closer to a 60+ day payer.

No broker MC # and no bond.

Looks like maybe working out of a house (hoppefully not a boat !! LOL!!) in Port Credit according to Google Earth.

Some flags going up here...
Click to expand...
WE GAVE UP ON THIS BUSINESS, THERE ON DO NOT USE LIST
 
Very slow payers. When I emailed them on an invoice, i received an email back
"Please note with understanding that we are paying at 50-60 days due to COVID 19"
They are definitely longer than this. We have stopped taking their freight
 
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