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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Throughout the United States, many carrier employees and owner-operators are ready to take the next step and launch their own trucking companies. They have the know-how and understanding of the industry, but starting a trucking company requires careful planning. There...
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Many owners of trucking companies either handle accounting themselves, work with a CPA, or use cloud-based accounting services. While accounting can sometimes cause major headaches, there is a way to make things easier for your trucking company and ensure you...
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In January of this year, the United States-Mexico-Canada Agreement (USMCA) was passed with an overwhelming vote of 89 to 10. USMCA was drawn up as a replacement for the North American Free Trade Agreement (NAFTA) which took effect back in...
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Technology has been a stumbling block for the trucking industry for years now. From GPS integration to handling transactions from mobile devices and ELDs, new tech brings new headaches. But the trucking industry stands at a threshold, and technology can...
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Fuel expenses rank near the top of the biggest concerns for trucking companies of all sizes. The cost of fuel is a big part of every budget in the trucking industry, and prices can seemingly fluctuate overnight, making it difficult...
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After a turbulent year in 2019, spot rates are showing a slight stabilization in the first quarter of 2020. Spot rates at the end of December climbed to an average of $1.73 per mile, which is well above the average...
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Parking still remains an issue throughout the trucking industry. Parking is becoming more scarce, with repercussions ranging from lower take-home pay for drivers to penalties for drive time according to the ELD mandate. Last month, the Transportation Research Board met...
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