California Assembly Bill 5, the legislation that is aimed at providing more benefits to those who work in the “gig economy,” is once again at the cent...
Automating Accounts Receivable for Your Business
Businesses of every size and type are looking for ways to automate operations to save money and resources. One of the biggest resource sinks in any bu...
Spot Rates, Contract Rates, and the Future of Trucking
Last quarter, spot rates plummeted drastically, forcing carriers to shift their priorities to contract shipments to make up uneven revenue cycles. The...
Diesel Fuel Prices Reach a Tipping Point
At the start of 2022, fuel prices were on the rise due to a combination of inflation, product scarcity, slowed production dating back to 2020, and oth...
ATRI Releases Priorities for the Trucking Industry in 2022
The American Transportation Research Institute (ATRI) has identified its top priorities for the trucking industry. The focus of the list is to benefit...
Announcing the New Single Point App
Single Point Capital is proud to announce our new mobile app, which provides users with everything they need from news to the ability to submit invoic...
Factor Your Invoices and Stop Playing the Waiting Game
On paper, running a business seems simple. Businesses sell a product or service, issue invoices, and then the customer makes a payment to settle the b...
Automated Vehicles Could Give Small Trucking Companies an Advantage
At the start of the second quarter this year, Fortune published an article on how automated vehicles could comprise up to 90% of the trucking industry...
The Difference Between Reactive and Proactive Trucking Companies
The trucking industry has been through a lot over the past few months, if not the past few years. While trends can help trucking companies plan for th...
Inflation Dropped But Prices Are High: How the Trucking Industry Is Coping
In the middle of May, inflation numbers dropped, giving economic analysts hope that we were turning the corner. Yet despite what should be good news, ...
How to Choose the Right Factoring Services
Factoring has been used almost since the dawn of commerce to speed up cash flow and enable growth for businesses. However, with so many different fact...
Spot Rates Are High, Can Trucking Companies Capitalize on Revenue?
While headlines keep hammering the bad news of inflation, supply chains, and fuel costs, there is good news that the major outlets have not been cover...
5 Things for New Trucking Companies to Consider
Whether you just started a trucking company, or if you are thinking about launching a new trucking company, there are a few things to consider. The wa...
Trucking in the Southwest: Improving Cash Flow During Supply Chain Problems
Last month, a major pain point in the supply chain problem came to a head in Texas. Currently, supply chain issues are leading to price hikes for cons...
Three Ways to Cut the Cost of Fuel for Trucking Companies
The cost of fuel is a variable expense for trucking companies in the United States. The price at the pump has been swinging back and forth for years, ...
Accelerating Revenue for Your Business
The current outlook for the economy is uncertain, and the news is filled with everything ranging from “doom and gloom” headlines to statistics that of...
Trucking: Driver Retention and Offsetting Expenses
The current driver shortage is feeling pressure on three fronts. First, the demand from shippers and the bottlenecks in supply chains means the trucki...
How Global Events Can Impact – And Revitalize – The U.S. Trucking Industry
For months now we have seen headlines about strained supply lines in the United States. All sectors from retail to housing, healthcare, technology, an...
How Inflation Can Impact Your Company’s Cash Flow
Headlines about inflation seem to be everywhere, and while it seems to be the favorite buzzword for 2022, we are already experiencing the effects. Pri...
Ensuring Safety Compliance for Your Trucking Company
For the past few years, the trucking industry has had a focus on safety compliance. While other industries have their own safety compliance and guidan...