Cross border (Canada-US) trucking company

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by a searcher from Harvard University - Harvard Business School
in Montreal, QC, Canada

1yr ago

Cross border (Canada-US) trucking company

Anyone who's invested or looked into trucking companies doing cross border deliveries willing to compare notes, please let me know. Thank you all.

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reply by a searcher 1yr ago
from Wentworth Institute of Technology in Boston, MA, USA

I lead the product function at a US-based freight factoring business. These businesses are my clients, I’m not an operator. The things I’ve heard from my clients at least right now are (1) tariffs have created an enormous amount of volatility in the short term which has mostly resulted in
volume reductions as shippers hold back freight until it’s more stable (2) the working capital challenge can be difficult because you need a financial partner who can support receiving/sending funds in multiple currencies and financing, this can be either expensive or slow which is tough (3) solid credit data can be tricky as multi national businesses might have split credit performance which can be misleading

reply by a searcher 1yr ago
from Harvard University in Montreal, QC, Canada

Thanks for your contribution, Sean