RFX Blog

Why Freight Brokers Need to Pay Attention to Unbilled Revenue

September 24th, 2015


The business of freight brokering requires a lot of cash flow and good relationships with banks. Often freight brokers need to float money for 2-4 weeks. By the time a shipper pays the broker for their services, the broker has already paid the carrier weeks in advance. Cash flow is an extremely important element of […]

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Freight Broker vs Freight Agent: What is the Difference?

September 17th, 2015


What is the difference between a freight broker and a freight agent? This is one of the most common points of confusion in the transportation industry, especially to those who are new to the industry. Some even like to combine the two: “Freight Broker Agent.”  We thought we would clear the air and put the […]

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Transparent Trucks: Saving Lives With Samsung Technology

September 8th, 2015


Leave it to a company as innovative as Samsung to create a piece of technology that is saving lives in Argentina — a country where one person dies in a traffic accident every hour.  The country’s one-lane highways invite frequent passing into head-on traffic. In a 2-minute promotional video, Samsung introduced a new technology that […]

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Avoiding Cargo Theft Over Labor Day Weekend

September 3rd, 2015


According to CargoNet, Sunday has the highest rate of cargo theft over Labor Day weekend.  Here is what you can do to protect your cargo. Keep your freight moving – After picking up a load, make sure to move it away from major transportation hubs where cargo theft is common.  Cargo thieves know where the hot spots […]

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What the GDP Increase Means for Trucking

August 27th, 2015


Despite the extreme volatility of markets worldwide this week, the Wall Street Journal reported  that the United States Gross Domestic Product (GDP) has expanded faster than was anticipated in Q2 of this year. The value of all goods produced domestically increased by 3.7 % annually – much higher than the 2.3% announcement earlier this summer by […]

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