We are accustomed to seeing price hikes on diesel every summer. We got an early gift from Uncle Sam this spring; and not a pleasant one. Fuel is already climbing past $3.10 a gallon, and with the normal summer hike,...
Take Advantage of Plentiful Freight to Grow your Business “Retail Sales Explode in March” “Third Round of Stimulus provides a huge boost to consumer economy “ “Freight Volumes Push Higher“ After a roller coaster of a year last year, 2021...
While unemployment is high in other industries, trucking is pulling ahead. Trucking industry analysts are pointing to a driver shortage of roughly 50,000. The shortage combined with high demand, has created a perfect situation for anyone looking for a new...
The trucking industry is starting to gain a firm foothold in the economy, despite the challenges posed by pandemic restrictions, high unemployment in other sectors, and new legislation. For trucking companies and owner-operators to keep up their momentum, they cannot...
When you ask small business owners what’s important to them, most will tell you: cash flow, coming up with ways to reduce business expenses, and more efficient ways to operate their business. Running a trucking business is no different. Cash...
The cost of running a small trucking business is already huge, and fuel makes up almost 40% of the overall cost of running a commercial truck. This seems like too large of an impact to not have some options to...
It’s a problem as old as trucking. You don’t get paid for hauling empty trailers. Yes, it’s always been a part of the job, but that doesn’t mean an easy pill to swallow. It doesn’t matter if you’re hopping around...
In the trucking industry, cash flow deficits can be a recurring issue. While short-term loans might seem like a viable solution, the reality is that they can cause larger problems further down the line. What causes cash flow deficits? Cash...
Since the trucking industry is leading economic averages across almost every industry, the need for working capital is of the utmost importance to maintain momentum so the economy can get back on its feet. Working Capital Challenges The trucking industry...
If you had a magic eight-ball, all of the answers for 2020 would be “the outlook is uncertain.” For every region and industry in the United States that opens up, a new spike in COVID-19 infections sets everything back to...
