When fuel prices are high and rates are low, trucking companies may need to find opportunities to cut costs to give profit margins a boost. Employing cost-saving strategies requires balance, so that operations remain efficient while savings are accrued. In...

In the trucking industry, fuel costs are inevitable. Trucks need fuel to run, and because they need a lot of it, fuel costs make up a significant portion of expenses. Rising diesel prices have made it critical for companies to...

When you own a business, signing any contract is a big deal, and when you’re a trucking company preparing to sign a freight factoring contract, it’s a really big deal. It’s important to thoroughly read your factoring contract and make...

Regardless of the state of the freight market, choosing the right freight factoring company is a critical decision for small trucking companies. Oftentimes for small carriers, the difference between profit and loss is seemingly small decisions like which freight factoring...

In a volatile freight market, steady cash flow can make or break a trucking operation. That’s likely why freight factoring is surging in popularity. When trucking companies factor their invoices, the factoring company pays the invoice, essentially extending credit to...

Cash flow management, or the management of money coming in, in the form of income and going out in the form of expenses is critical for trucking companies. Here, we’ll explore the reasons cash flow management is so important and...

Loans are often a necessary part of doing business in any industry, and there are plenty of types of credit that companies can lean into including the most obvious traditional loans. In the freight industry, there’s an additional finance option...

Freight factoring can be a powerful tool for small trucking businesses, but how exactly does it help them grow? Read on to learn how factoring can help small trucking companies thrive and grow. How Can Freight Factoring Help Small Trucking...

It’s a lot of work to run any small business, and small trucking companies are no exception. Effectively running a company in the freight industry is nuanced. Outsourcing certain tasks can help free up time and energy for growth, adding...

For trucking companies, the right vendor partnerships can make all the difference. The right vendors can provide crucial services and support that can improve both productivity and profitability while streamlining processes and reducing some of the stress that comes with...