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All posts by: Express Freight Finance

Back in January, California’s AB5 bill received a ruling stating that owner-operators could not be classified as employees of the fleets they were driving for as independent truckers. This was a win-win for trucking companies and owner-operators alike. However, with...
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The COVID-19 pandemic pushed businesses in every industry to take precautions to keep commerce moving while reducing potential exposure to the coronavirus. However, our economy relies on the trucking industry, so it is of the utmost importance to keep drivers...
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As the demands for food and medical supplies skyrocket, spot rates are rising by as much as whole points. As truckers rush to keep shelves stocked all across the United States, the industry is making a bounce back from where...
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COVID-19 continues to have a huge impact on our population and our economy. The trucking industry is facing high demand from shippers and consumers alike to move goods, products, and equipment quickly and efficiently. However, with drivers suffering illness, and...
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There is no doubt that COVID-19 had a tremendous impact on every industry in the United States. Unlike other sectors, the trucking industry cannot shift to remote operations. Manufacturers still need deliveries of raw materials. Supply chains for medical equipment...
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Since the ELD mandate at the end of 2017, the Federal Motor Carrier Safety Administration (FMCSA) has been gathering data on trucking patters and behavior and comparing it with productivity and efficiency models. The initial purpose of making electronic logging...
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Attracting and retaining drivers has been a regular challenge for trucking companies in the Untied States. To counteract the high turnover rates, trucking companies are taking a different approach to attract new employees to improve retention rates and expand the...
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Small trucking companies need to maintain healthy cash flow to thrive and grow. While positive cash flow is essential to carriers of all sizes, any lag in revenue can result in small trucking companies being unable to pay bills, make...
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Vehicle-miles-traveled tax (or VMT tax) is once again making its way to the forefront as lawmakers seek to fund the repair and maintenance of the highway system in the United States. Both the American Trucking Association and the Owner-Operator Independent...
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