For years, the trucking industry has been caught between a rock and a hard place with “nuclear verdicts,” with courts levying payouts averaging in the...
What Does It Take to Successfully Launch a Trucking Company?
Many owner-operators are taking the leap from hauling shipments by themselves to multiplying their earning by launching trucking companies of their ow...
New Trucking Companies: Finding Shipments and Dispatching
New trucking companies tend to work locally, but there is an ebb and flow to demand. Sometimes it can seem like feast or famine trying to find loads f...
Insurance Company Rates Drive Across All Lanes with Trucking Industry
The American Transportation Research Institute reported that insurance premiums for trucking companies increased on average from 0.059 cents per mile ...
Will the Trucking Industry See the Federal Excise Tax Repealed?
For years, there have been initiatives to move the trucking industry away from fossil fuels and find ways to reduce the overall carbon footprint. From...
Stop B2B Cash Flow Slowdowns
In the B2B arena, cash flow slowdowns are becoming more prevalent. Last year the private and public sectors combined reported waiting more than 90 day...
Starting Your Own Trucking Company: The Biggest Expenses
Starting a trucking company is profitable, and helps improve currently strained supply chains. Whether you want to operate locally, service specific i...
Insurance Rate Hikes Target the Trucking Industry
Insurance rates have been climbing over the past few years, with no sign of slowing down. In a recent study by Bloomberg, insurance rates seem to be o...
How to Lower Insurance Costs for Your Trucking Company
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...
