The Case for an Increase in Driver Wages
The pandemic has impacted all parts of the economy, and the trucking industry is no exception. Truck drivers have now…
Managing Fuel Prices and Expenses for Your Trucking Company
Fuel represents the largest vehicle-based operating expense for trucking companies. On average, carriers spend around…
A Positive Trucking Industry Forecast for 2021
Now that 2021 is here, the trucking industry is kicking off the new year with a very positive view of the look ahead.…
Refrigerated Trucks Experience Sudden Demand to Cure the Country
With the announcement of the rollout of COVID-19 vaccines in December, refrigerated trucks were conscripted as part of…
Businesses Are Moving away from Debt Financing
Debt financing, once the only way for businesses to get the capital they needed to maintain and grow operations, has…
Improving Dispatching and Rates for the Trucking Industry
Rates are on a rise for a number of trucking categories, but relationships with brokers remain strained. Over the past…
Trucking Could Turn Around the Economy and Jobs
In an uncertain economy, the trucking industry remains the one sector that is thriving and poised for growth. This…
Trucking Insurance Remains a Top Concern
As we head into 2021, fleet owners and owner-operators are making plans to tackle long-standing issues in the trucking…
With Lenders Tightening Requirement How Will Businesses Get Capital?
The COVID-19 pandemic disrupted businesses across all industries. To mitigate hardships, the CARES Act was passed,…
How Carriers Are Getting a Financial Jump on 2021
The trucking industry is at a pivotal point, and carriers are looking ahead to make 2021 a very strong year. However,…
E-Commerce Drives Demand and Rates for LTL Haulers
It looks like e-commerce is set to have another record year. Between the pandemic and fourth-quarter sales, more people…
Trucking Prepares for a Rise in Oil & Gas Industry
The oil & gas industry has performed a 180-degree spin from forecasts earlier in the year. A number of mergers and…
Protecting Your Business from Client Bankruptcies
If the pandemic taught business owners one thing, it was that adaptability is the only way to succeed. Trucking…
Imports and Domestic Manufacturing Signal Good News for Trucking Companies
Back at the start of the COVID-19 pandemic, almost every industry experienced downward pressure. This drove down rates…
3 Reasons Why Businesses Should Use Factoring Services
Many businesses think that factoring is reserved for only certain types or businesses, or that factoring services can…
Can the Creditworthiness of Your Customers Impact Your Business?
We all know that credit ratings impact business owners. The creditworthiness of a business is what determines loan…
The Case For Mid-Sized Vehicle Fleets
Between the pandemic and shifts in consumer demands, the trucking landscape is changing. In order to reach more…
Mythbusting the COVID-19 Trucking Bubble
The COVID-19 pandemic has disrupted everything from the way we talk with people to the way we do business. As the…
Two Freight Taxes Come Under Fire from the OOIDA
From consumers to businesses to lawmakers, the one consensus is that the US economy moved with the trucking industry.…
Trucking Pulls Ahead of Other Industries in the Current Economy
Economic conditions have been uncertain throughout the COVID-19 pandemic. There is no doubt that businesses in every…
Keeping Up with Client Demand: A Cash Flow Primer
With states reopening, businesses are eagerly anticipating high demand from clients. However, rushing to meet that…
Trucking Bounces Back: Staying Ahead of the Flattened Curve
After months of disruption and apprehension about reduced volume the trucking industry is bouncing back. More…
Solving the Issue of Gaps in Revenue for Freight Carriers
Freight Carriers have a lot of expenses to cover. Employees need to get paid, trucks need fuel, maintenance needs to be…
Logistics and Freight Factoring Go Hand-in-Hand
Our economy relies on logistics. From matching shipment and drivers to plotting routes, logistics get products to their…
The OOIDA’s Push for Transparency with Brokers Continues
Last month, we reported that the Owner-Operator Independent Drivers Association (OOIDA) made a presentation to Congress…