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Intermodal Trucking

At Apex Capital, we offer factoring for intermodal trucking companies to increase positive cash flow for their businesses.

What Is Intermodal Trucking?

Intermodal trucking is a freight transport method that uses multiple modes of transportation. Special freight containers are shipped using a combination of trucks, planes, trains, and ships. Intermodal containers are heavy-duty steel structures that endure harsh weather conditions. They can fit on various modes of transportation.

Learn More about Factoring Services for Intermodal

Learn More about Starting an Intermodal Freight Company

Intermodal freight

How to Start an Intermodal Trucking Company

Starting an intermodal trucking company is a lot like starting a general freight trucking company, there are just a few extra steps to take.

  • Create an LLC: Registering as a Limited Liability Company (LLC) separates your business from your personal life. This step protects your personal assets during liability claims.
  • Get required licensing and permits: Documents you’ll need for your intermodal trucking company include a Motor Carrier (MC) Number, Department of Transportation (DOT) Number, and Unified Carrier Registration (UCR).
  • Intermodal-specific documents: To enter port areas, may need to participate in the Uniform Intermodal Interchange and Facilities Access Agreement (UIIA) and drivers will be required to obtain a Transportation Worker Identification Credential (TWIC) card.
  • Start a business bank account: A business bank account sets your business finances apart from your personal finances. This account makes tracking your company’s expenses and income easier.
  • Get equipment: Your commercial truck, specific trailers, chassis, and sometimes, even the intermodal containers are important for freight transportation. You can either buy or lease this equipment.

We can help you start an intermodal trucking company with the Apex Startup Program. Our experts will walk you through the process and be there every step of the way to answer questions.

Costs of Starting an Intermodal Trucking Company

Starting an intermodal trucking company comes with many costs, such as:

  • Business entity
  • Trucks
  • Trailers/containers
  • Equipment
  • Licenses and permits
  • Insurance
  • Marketing
  • Technologies
  • Website
  • Miscellaneous costs
cost of starting

How Apex Factoring Helps Intermodal Trucking Companies

When you choose freight factoring services from Apex, we’ll help you manage your freight bills, improve your access to positive cash flow, and help your business thrive. When you come to us, we’ll buy your freight invoices in exchange for instant cash.

Our process is simple:

  1. Your truck driver transports freight.
  2. You provide Apex with paperwork for your hauled loads.
  3. We confirm your delivery with the brokerage.
  4. After confirmation, we place funds in your business account.
  5. We collect your payments through the invoice’s life cycle.
  6. Your customers provide payment details.
  7. We accept payment and close the invoice.

Plus save money on your trucking expenses, like discounted fuel rates with our fuel cards for trucking companies. Also, you can use the Apex Startup Program to make starting your intermodal trucking company easier.

Factoring for Intermodal Carriers

Apex Capital offers factoring services tailored to intermodal and drayage carriers. Here’s how it works:

  • Immediate funds: We’ll give you instant cash payment for your invoices. You can use this money to pay for fuel, payroll, and repairs and boost your cash flow.
  • No hidden fees: Apex offers transparent pricing, with rates depending on volume and other factors.
  • No added debt: Factoring is different from a loan. You avoid accumulating heavy debt.
  • Back-office support: We’ll cover your invoice communications, billing, and collections to make your job easier.
  • Additional benefits: Access to diesel fuel discounts, cash-flow assistance, credit checks, and more.
Truckers collaborating in the shipping yard

Get Factoring Services for Your Intermodal Trucking Company Today

You can manage your intermodal trucking costs with factoring services from Apex. We deliver legendary, high-value services to get our clients the support they deserve.

Ready to Start Factoring Your Freight Bills?

Fill out this form or give us a call at (844) 204-6608 to learn more!