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Since the first cases of COVID-19 were diagnosed, businesses in all industries have been looking for reliable sources of working capital. With new pressures placed on trucking companies to reinforce supply chains to keep products moving to businesses and customers...
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When people think of first responders in a crisis, firefighters, police, and healthcare workers immediately come to mind. In our current climate with the COVID-19 pandemic, we need to recognize that truckers are on the front lines, providing goods and...
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March saw a tremendous surge in shipping for the trucking industry. Volume jumped by over 30%, and trucking companies were hard-pressed to keep supply chains moving to match the demand of consumers. “Panic purchasing” swept the country as people were...
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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 has 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...
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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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