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Software as a Service (SaaS) is not a new concept. As segments of the economy move away from long-term contracts and services, many industries are trying to abstract the “as a service” concept to encompass everything. The latest addition to...
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Truck maintenance is a fluctuating overhead cost. For fleet owners, regular repairs can eat into capital reserves, especially when multiple trucks need maintenance. For owner-operators, truck maintenance and repairs not only cost parts, but unplanned equipment failures can cause business...
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While the trucking industry is not experiencing the same crunch cycles as it was half a year ago, the economy as a whole is still growing. Manufacturing and construction are expected to grow by at least five percent over the...
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Ever since the ELD mandate was implemented, restricted hours of service have become a challenge for the trucking industry. However, the US Department of Transportation plans to issue more flexible hours of service in early June. Hours of Service and...
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People are taking better care of themselves to reduce health issues. Tech people regularly upgrade hardware and gadgets before they malfunction. Now, truck repair is taking a similar turn with predictive diagnostics for individual parts and overall vehicle health. Prognostics...
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Recently, supply chain financing has entered the arena as a major disruptor in how trucking companies manage cash flow. Sometimes referred to as “reverse factoring,” supply chain financing claims to benefit trucking companies, suppliers, and buyers at once. But is...
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A little while ago, we reported that Florida is using signs to let truck drivers know about parking availability at the next rest area. However, the parking shortage is not just happening in Florida. Throughout the United States, congestion and...
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Many analysts are trying to get the big picture of the US economy but are running into conflicting information. There are major growth areas and emerging submarkets, but there are also workforce shortages and pushes for diversity. Revenue is strong,...
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Electronic logging devices and mandated breaks are showing a marked improvement in safety with a reduction in accidents. However, trucking still remains a high-pressure job where driver fatigue is still an issue. All the regulations in the world cannot force...
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For years, Express Freight Finance has served the trucking industry as a national leader in freight load factoring services. Founded by leaders with roots in the trucking industry going back generations, we have always looked forward to the horizon and...
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