Overview & Sales

Question 1

Who are the owners of Apex Capital?

Answer 1

David Baker & Dean Tetirick

Question 2

What is a load board?

Answer 2

Software where shippers and brokers can post loads they need picked up and where drivers can go to find a load to haul.

Question 3

What is our typical advance rate?

Answer 3

90%

Question 4

A _____ acts as a “middle man” on a load coordinating shipping needs and negotiating rates.

Answer 4

Broker

Question 5

What is Section 7 and what does it do?

Answer 5

A legal section of the BOL which grants the consignor non-liability for payment.

Question 6

_____ freight refers to freight that is hauled by more than one type of transportation

Answer 6

Intermodal

Question 7

Name the 4 types of operating authority

Answer 7

Common, Contract, Broker, Freight Forwarder

Question 8

_______ ________ is the permit that allows interstate carriers to haul freight across state lines & a broker to broker regulated freight.

Answer 8

Operating authority

Question 9

Our typical client has ______ trucks.

Answer 9

1-10

Question 10

Some examples of non-regulated freight are:

Answer 10

Livestock, fruit, and newspapers

Question 11

Name 3 things that make us different from all other factoring companies

Answer 11

1. No long term contracts
2. No monthly minimums
3. The people
4. Credit Department
5. Online services website
6. Customer Service
7. Honesty
8. Operations
9. Guidance provided to clients
10. Double brokering/fraud alerts