Bulk freight
Pneumatic tanker factoring
Dry bulk pays for the load, not for the three hours you spent blowing it off. Get funded the same day, on loads in by 11 AM CST, while you wait on the detention.
Pneumatic runs are fewer and larger than van freight, so a monthly minimum built around invoice count punishes the equipment. There is no minimum here, of any kind: not a volume floor, not a monthly commitment, not a dollar threshold.
The cash cycle
Why pneumatic tank freight waits.
Pneumatic hauling has the worst ratio of clock time to paid time in bulk trucking. Blow-off is measured in hours, not minutes, and a compressor running on a customer's schedule is time nobody bills for at the rate it actually costs. The revenue per truck per week is therefore lower than the mileage suggests, and the working capital required to keep a pneumatic trailer moving is correspondingly higher.
The customer mix compounds it. Cement and plastics are industrial accounts with formal procurement and formal payables. They are good credit, which is the point, but good credit and fast payment are not the same thing, and a large manufacturer's terms are set by their finance department rather than negotiated with a carrier over the phone.
So the freight is stable, the customers are solid, and the money is slow. That is the textbook case for factoring: you are not borrowing against a risk, you are getting paid now for an invoice that was always going to be paid. Meanwhile detention, demurrage, and blow-off time can be billed as accessorials on the same invoice rather than chased separately weeks later.
What rides in it
- Cement, lime, and fly ash
- Plastic pellets and resin
- Flour, sugar, starch, and food-grade dry bulk
- Frac sand and proppant
- Barite, bentonite, and drilling additives
Who pays the invoice
Cement and concrete producers, plastics processors, food manufacturers, oilfield service companies, and dry bulk brokers.
This is what actually gets underwritten. Approval depends on your customer’s credit, not on your operating history.
Paperwork
What to send with the load.
Send all the paperwork related to the load. What that includes depends on the customer; these are the most common. Upload it all to the Smart Freight Portal.
Rate confirmation
The agreement with the broker or shipper, showing the load and the agreed rate.
Scale tickets
The weights, on any load that is weighed or paid by weight.
Bill of lading
Signed at delivery. It is the proof the load moved.
Not sure what a customer needs? Call and ask before you haul it.
How it works
Haul it, send it, get paid.
- 01Monday, 9:40 AM
Haul the load
Book it wherever you book freight. You choose which customers you factor, customer by customer. Nothing obligates you to send us all of them.
- 02Monday, 10:15 AM
Send the paperwork
Upload all the paperwork for the load to the Smart Freight Portal: usually the rate confirmation, scale tickets and bill of lading.
- 03Monday afternoon
Get paid the same day
Loads submitted by 11 AM CST, Monday through Friday, are paid the same day. Loads submitted after 11 AM are paid the next business day. The money lands in your bank by ACH.
Questions
Pneumatic tank factoring, answered.
Can detention and blow-off time be factored too?
Yes, when it is billed on the invoice and supported by documentation. Put the in and out times on the delivery ticket and include any accessorial your rate confirmation allows, and it funds with the rest of the invoice rather than as a separate claim later.
Do you factor for owner operators pulling one pneumatic trailer?
Yes. There is no minimum fleet size and no minimum volume. A single pneumatic owner operator sends the same paperwork and is funded on the same schedule as a fleet.
Get your pneumatic tank invoices paid the same day.
The application takes a few minutes and commits you to nothing. No contract, no minimum, no monthly commitment.