Operators call for action against rising demand for extended credit terms


Operators are calling for action against a rise in clients demanding extended credit terms, MT has learnt. Operators report some clients demand credit terms of up to 120 days, while others try to lock prospective suppliers into agreeing 60-day credit terms as a condition of com-pleting electronic tenders. Bullet Express MD David McCutcheon told MT the problem is on the rise. “We’re having issues with major clients that are extending or requesting credit terms as long as 90 days. They’re […]