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All posts by: Express Freight Finance

Debt seems like a necessary evil in the trucking industry. Trucking companies take out loans to purchase equipment, expand facilities, and even use short-term loans to overcome cash flow issues.......
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An uptick in consumer confidence bodes well for the fourth quarter of 2019, and fleet owners can position themselves for growth in 2020. However, having access to working capital is......
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The freight industry has weathered a number of challenges throughout 2019. But as we head into 2020, there are a few key points that should be “top of mind” for......
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Data providers, telematics, hardware communications systems – today’s trucking industry is leveraging more technology to improve supply chains, increase safety, and provide increased communication between the driver, vehicle, carrier, and......
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Starting in 2020, the FMCSA’s Drug and Alcohol Clearinghouse will be working to full capacity. Carriers will be able to check the records of drivers to see if they have......
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Staggered payments have been baked into the trucking industry since its inception. Staggered payments are a common business practice, and a courtesy extended to clients who need freight services. However,......
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In some regions of the United States, winter has already settled in with sharp drops in temperature, precipitation, and ice. While the National Oceanic and Atmospheric Administration (NOAA) has predicted......
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Despite an overall reduction in demand, the trucking industry continues to grow. Last month, trucking companies expanded their payrolls and added 1,300 jobs. Since this time last year, roughly 11,000......
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Since 2010, the number of women truckers has increased by 68 percent. As of last year, the total number of women drivers in the trucking industry rested at 234,234. So......
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A few months ago, we reported that there were motions to open up trucking opportunities to help 18- to 20-year-olds launch careers hauling shipments across state lines. Recently, the Department......
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