Amazon Relay offers trucking companies and owner-operators the opportunity to haul loads for Amazon. It’s often a good option for carriers who meet the program's requirements to increase their load volume, find consistent work and benefit from Amazon’s growing delivery network. However, like many large freight programs, payment can take anywhere from seven to 30 days, or longer, which can create cash flow challenges for trucking businesses.
What is Amazon Relay and How Does it Work?
Amazon Relay is a platform that connects trucking companies and owner-operators with Amazon’s logistics network. Carriers can use the free Amazon Relay load board to search, book, manage and track Amazon Relay loads. Amazon then automatically generates invoices on your behalf and typically pays them on a weekly cycle. If there are any issues, you can submit payment disputes through their portal.
Top Reasons to Factor Amazon Relay Loads
Amazon’s scale gives it significant leverage over trucking companies and individual carriers using Amazon Relay. However, you can improve your experience with faster payment and better customer service by working with a factoring company like RTS.
While Amazon’s weekly payments are faster than other shipping companies, they may not be quick enough to keep pace with your cash flow needs. Freight factoring is a financial service where a factoring company buys your open freight invoices and pays you the same day.
Benefits of Factoring for Amazon Relay Carriers:
- Faster Cash Flow: Get paid the same day to cover operating expenses.
- Fuel Advances: Access funds for fuel and other urgent costs.
- Consistent Operations: Maintain cash flow to keep your trucks moving without interruption.
- Better Customer Service: Reach dedicated reps by phone or through a portal when you need assistance.
How to Learn More
With more than 30 years of providing industry-leading factoring services, RTS excels at delivering customized and reliable funding solutions. To learn more about how factoring could be a good fit for your business, fill out the form, and a representative will reach out.