Freight bill factoring is nothing new. However, while many in the trucking industry know that factoring is designed to turn receivables into cash inst...
How the FMCSA is Trying to Solve the Driver Shortage
As the economy reopens and the United States attempts to move past the Covid-19 pandemic, the driver shortage in the trucking industry is becoming ver...
Choosing the Right Trailer
The cost of a basic trailer – minus the cab – will cost you around $30K. That comes to about $0.25 cents per mile, or roughly 17% of your overall oper...
Why are Trucking Insurance Rates Increasing?
Insurance rates for commercial trucking companies and owner-operators have increased drastically over the past decade, with no sign of slowing down. H...
Truck Automation: The Future of Trucking
Automation is a forward-looking evolutionary step for any industry. From the assembly lines of Ford to the advent of large-scale robotics in the 1980s...
How Can Businesses Reduce Debt and Gain Stronger Footing?
The economy is reopening, and businesses across all industries are ready to make their marks and generate revenue. Emerging businesses have identified...
Supply Chains Call for More Trucking Companies
Glance at articles about news in the trucking industry, and there will be a few near the top about the driver shortage. Some analysts have stated that...
What Inflation Means For The Trucking Industry?
The word “inflation” has been thrown around a lot recently, both on the news and in everyday business conversations. However, the problem is that infl...
Mitigating High Gas Prices for the Trucking Industry
Last month, the cyber attack on the Colonial Pipeline threw a wench into logistics. Because of this, customers were panic-buying gasoline, and prices ...
Rightsizing Cash Flow and Breaking the Loan Cycle
For many businesses, cash flow is a constant concern. When outstanding invoices cause gaps in revenue, companies often turn to short-term loans to smo...
Cash Flow Issues for Truckers and New Trucking Companies
Cash flow is crucial to every business, but new trucking companies rely on cash flow to sustain operations and thrive. Cash flow issues for truckers c...
Driver Demand Surges as Economy Begins to Reopen
As more people get vaccinated across the United States, cities are relaxing restrictions and businesses are reopening. While the market is still favor...
What You Need to Start Your Own Trucking Company
The freight industry is growing, with a focus on new and small trucking companies. Emerging entrepreneurs and career owner-operators are looking to st...
How the DRIVE Safe Act Could Help Reduce the Driver Shortage
There is no doubt a driver shortage exists. Whether you side with the analysts that point to an always-present shortage that rises and falls with capa...
The Economy Is Bouncing Back and Businesses Need a Strategy for Growth
As vaccinations roll out and businesses reopen, there is a big opportunity for growth across all industries. For businesses to take full advantage of ...
Retail and Industrial Trucking Are Up, So Why Is Cash Flow Tight?
Retail and industrial supply chains have risen by over 30% in the United States this quarter, thanks in part to logistics being reconfigured to handle...
What the PRO Act Means for the Trucking Industry
Last month, the Protecting the Right to Organize (PRO) Act passed in the U.S. House of Representatives. While the overall intent of the act is to help...
Achieving Better Parity Between Sales and Revenue
In an age when business moves at a much faster pace than ever before, almost every business outside of the retail space is still struggling with the l...
Capacity and Growth in the Age of E-Commerce
E-commerce, once thought to be everything from a passing fad to a very niche sector, has become a mainstay of the economy. Beyond that, e-commerce has...
Trucking Acquisitions: Retaining Drivers and Maintaining Cash Flow
Acquisitions are on the rise in the trucking industry. Larger carriers are looking to acquire smaller fleets to cover more ground and diversify their ...
