Last month, we reported that the Owner-Operator Independent Drivers Association (OOIDA) made a presentation to Congress to ensure more transparency be...
The Immediate and Long-Term Benefits of Factoring
The economy is getting back on its feet, which means businesses across all industries need fast access to revenue and working capital to keep the ligh...
Pandemic Vs. Petroleum: The Outlook for Gas Prices
The COVID-19 pandemic had an impact on gas prices all over the world. The reasons were very easy to figure out – since everyone was staying at home fo...
The Trucking Industry’s Roadmap for Economic Recovery
Last month, the American Trucking Associations (ATA) went before the United States Senate Commerce Committee to outline a roadmap for economic recover...
Invoice Factoring Plays a Key Role in Business Recovery
As cities and states begin a slow reopening after what seems like a long lockdown, businesses are looking to make up lost ground. Many businesses have...
Trucking Companies Are Looking for Services Beyond Insurance
Insurance is a necessary cost for both trucking companies and independent drivers. One of the reasons for the Drug and Alcohol Database was to further...
Cash Flow Is the Key to Recovery and Success for Businesses
As some states start to re-open after being in a COVID-19 lockdown, others are still closed, leaving many businesses unsure how to survive. Strong cas...
The Trucking Industry Needs More Transparency from Brokers
The relationship between carriers and brokers has been strained these past few months. Even though supply chains are of the utmost importance during t...
The Market Outlook for Owner-Operators
2020 is shaping up to be a very interesting year for the trucking industry. External pressures are offering both growth opportunities and challenges a...
The Advantages of Factoring in Good and Bad Economic Conditions
The economy can take some wild turns and it has a history of peaks and valleys. Still, businesses need access to working capital throughout the highs ...
Recognizing Truckers as First-Responders
Throughout the COVID-19 pandemic, people have been looking at scientists and healthcare professionals as the heroes on the front lines who are helping...
Improving Finances for Your Trucking Company
In the current economic climate, trucking companies are looking to improve finances any way they can. At the same time, the outlook for the near futur...
Traditional Loans Vs. Factoring: A Comparison for Fleet Owners
Fleet owners need a reliable source of financing to keep operations moving and to take advantage of growth opportunities when they arise. The two most...
How Businesses Survive an Uncertain Economy
During times of economic uncertainty, businesses in all sectors need a clear strategy to come out on top. As legislation rolls out to limit hours of s...
New Trucking Companies Keep Supply Chains Strong
Amid the COVID-19 pandemic, all industries are looking to the trucking industry to keep the economy moving. If the driver shortage was up for debate o...
Trucking Companies Need Working Capital Amid COVID-19 Concerns
The trucking industry is the backbone of our economy. Now, more than ever, every industry and consumer is depending on trucking companies to deliver e...
How Working Capital Reserves Keep Your Business Safe
Businesses of all sizes enjoy sales and the revenue that follows. New, small, and even large businesses are vulnerable to cash flow issues, which is w...
3 Ways Fleet Owners Can Lower Fuel Costs
Of all the expenses that concern fleet owners, fuel costs are near the top of the list. In addition to making up a sizable part of every fleet’s budge...
Oil and Gas Distributors: Maintaining Strong Cash Flow
Oil and gas distributors cover a large area – supplying houses, businesses, and gas stations with the fuel necessary to keep people warm and to keep o...
Business Finances: Keeping Costs Low and Cash Flow High
Business owners across all industries are constantly looking to lower expenses and improve cash flow. In order to get a better handle on business fina...