The Outbound Volume Index is currently 25% above average, which means there is currently high demand for products, resulting in increased revenue for the trucking industry. Some analysts believe that there is a freight bubble forming, and that revenues will...
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Last week, the FBI released a warning to the trucking industry with information about cybersecurity vulnerabilities in electronic logging devices (ELDs). This has caused the trucking industry and the FMCSA both to revisit the ELD Mandate from 2017. The ELD...
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The trucking industry often gets overlooked in mental health discussions. While mental health is extremely important at all times, now more than ever, we need to focus on the well-being of drivers. Guidance during the pandemic has cut many drivers...
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Maintaining a profitable trucking company can seem like a challenge. Trucking companies of every size are always looking for ways to retain quality employees and maintain positive cash flow. We have put together two basic guidelines to help keep your...
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Maintaining finances for a fleet of any size is a careful balancing act. Expenses cannot exceed revenue, and cash flow must stay healthy at all times to ensure there is ample working capital on hand to cover payroll, overhead, and...
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The COVID-19 pandemic has forced us all to rethink the way we do things. Entire industries have had to shift to stay relevant and top-of-mind with clients. Consumers are embracing e-commerce more than ever to minimize contact with others and...
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At the start of July, the United States-Mexico-Canada Agreement (USMCA) went into effect. While overtly, the agreement does not differ greatly from NAFTA which originated roughly a quarter of a century ago, The finer points could open up opportunities for...
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At the end of May, Minnesota classified truckers as “Essential Workers.” The truth is that truckers have always been essential workers, regardless of state rulings. Truckers are more than essential – they are crucial to weathering every adversity our country...
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Cities across the United States are lifting restrictions and entering “Phase 2” of the reopening process. This means more businesses are opening their doors, which in-turn could result in trucking expansion. Phase 2 To understand Phase 2, we need to...
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Truck drivers have been on the front lines of the COVID-19 pandemic for months, making hauls throughout the country for industries of all types. However, it is nearly impossible to pick up and drop off shipments, get food, or even...
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