Why do carriers hold back final settlements and for how long?
This typically occurs in order to assure there are no claims against the last few deliveries performed by the driver such as shortages and / or damages. All shippers & consignees have a period specific of time in which to present any claims against a carrier, this is usually 45 days. A carrier does not have to hold back a final settlement, but most will exercise this for precautionary reasons and to protect against losses by the driver.
