Insurance rates for trucking companies have been on the rise, and providers have been warning internally that they should expect more increases throug...
2023 Could Be the Year of Women in Trucking
Despite the driver shortage – or maybe in spite of it – women are starting careers in the trucking industry at record rates. For some, it is a way to ...
The Electric Switch Poses a Major Challenge for the Trucking Industry
2030 may seem like a long way off, but the initiative rolled out in 2022 for the trucking industry to switch to electric power is coming up fast. That...
Dispelling Myths About Trucking and the Economy
While mainstream news outlets keep posting headlines about a possible recession, the struggle of small businesses, the price of diesel, and other doom...
Maximizing Cash Flow Ahead of the Fourth Quarter
Businesses are now ramping up for the busiest time of the year. Carriers are going to be hauling shipments for school, Halloween, and then onto the ho...
Falling Fuel Prices Open Opportunities for the Trucking Industry
Last month, after reaching record prices of over $5 per gallon, fuel prices throughout most of the United States began to drop rapidly. The end result...
Innovative Ways to Recruit and Retain New Truckers
Demand in the trucking industry is still growing, yet the driver shortage is also increasing. One of the biggest obstacles facing carriers is driver r...
AB5 Takes the Spotlight for the Trucking Industry
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...
