COO Proposes Advance Freight Payment

November 9, 2023

The Chief Operating Officer of MOVE for Santa Fe Relocation has proposed that international moving companies should be paid in advance for the freight component of a move to improve cash flow.

In an opinion article written in FIDI Focus, Steve Gooding encourages the Brussels-headquartered industry federation to launch a discussion on changing the way that moving companies invoice corporate clients for freight services to improve cash flow.

Gooding advocates that invoicing freight costs in advance of an international move would positively improve cash flow management, reduce company risk, and strengthen the overall sustainability of the industry.

In setting out a plan to educate stakeholders and implement the proposal Gooding said, “By taking these steps, the moving industry, led by FIDI, can pave the way for a more sustainable and financially robust future.”