Monthly Archives: June 2017

Late last month, a picture started circulating online of a Waymo self-driving truck. Waymo trucks, originally part of the Google X self-driving vehicle division, has become an independent group with its sights set on the trucking industry. While self-driving vehicles...
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Overhead costs make up a large part of every trucking fleet’s budget. From payroll to fuel, maintenance, equipment, advertising, and more, covering overhead costs and retaining revenue can be a balancing act. However, there is a way to accumulate capital...
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With the current employment gap in the trucking industry, there is a movement to bring military veterans into the fold. Military veterans and the trucking industry go hand-in-hand, and with the help of some proposed legislation, it will be easier...
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Invoice financing has been used by industries across the United States to help businesses maintain a healthy cash flow and build up growth capital. Since those other industries are dependent upon fleets and independent drivers to move their goods, there...
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Disruptors in the freight industry have been in the background for years. Ambitious start up companies that leverage technology in an attempt to change the freight industry, while also carving out a piece of the $700 billion pie for themselves....
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In the trucking industry, loans and other types of financing are readily available for those seeking extra working capital. As we drill down into the details, many lenders advertise the advantages recourse financing over nonrecourse financing, but is it really...
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There are almost 12 million trucks on the road across the United States. Since our nation’s economy is based on the ability to move goods from one location to another, having open lanes on the highway and low traffic in...
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A low influx of revenue from invoice payments that lead to tight cash flow situations is nothing new to truckers and fleet owners. The causes for tight cash flow situations can be many, but most can be traced to staggered...
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