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As the holiday season ramps up, the trucking industry faces unique safety challenges. Increased demand for freight, unpredictable weather conditions, ...

As the trucking and logistics industry enters the final month of the year, sustainable freight transport remains a critical focus. With tightening env...

The trucking industry remains a vital backbone of commerce, offering promising opportunities for aspiring entrepreneurs. If you’re considering startin...

Freight Demand in 2025: A Steady ClimbThe projected growth of 3.2% in the ACT Freight Composite Index reflects the industry’s ability to adapt to a ch...

Running a trucking business comes with its fair share of expenses, and every dollar saved in taxes can make a big difference. While many truckers and ...

Freight factoring has become a go-to solution for trucking companies and owner-operators looking to improve cash flow. But one of the most important a...

Running a trucking business comes with its fair share of challenges—long payment cycles, rising fuel costs, and keeping up with maintenance, just to n...

At Single Point Capital, we are thrilled to share some exciting news: we have been recognized by NerdWallet as one of the Top 12 Best Factoring Compan...

For trucking companies, especially small owner-operators, cash flow can often be a challenge. One of the solutions many turn to is factoring—selling t...

In an uncertain economy, the trucking industry remains the one sector that is thriving and poised for growth. This should come as no surprise, because...

Rates are on a rise for a number of trucking categories, but relationships with brokers remain strained. Over the past few years, small fleets and own...

Freight bill factoring is a popular financing option for trucking companies, providing them with the funds they need to cover their operational costs ...

Invoice factoring, a financial solution less commonly known than traditional debt-based loans, provides a multitude of advantages for businesses, part...

Fuel advances are a lifeline for truck drivers, especially when unexpected expenses arise on the road. They help ensure that drivers can keep moving, ...

In a jarring report released last month, over 3,000 trucking companies filed for bankruptcy in 2020. To put that number in perspective, in 2019 when t...

Factoring has been around for a long time – going back to ancient Mesopotamia. Commerce and financing have both gotten much more complex over the year...

With the announcement of COVID-19 vaccines, many people are eager to get “back to normal.” Businesses, on the other hand, have had to make several adj...

In the second half of 2020, carriers gained more leverage in negotiating spot rates. In fact, spot loads increased by over 69% YoY, indicating an extr...

As analysts sift through 2020, the big takeaway is that jobs were in a decline in December. However, as small businesses were impacted by the pandemic...

The second round of the Paycheck Protection Program (PPP) loan has rolled out and many carriers who meet the qualifications can apply to obtain fundin...