Since the trucking industry is leading economic averages across almost every industry, the need for working capital is of the utmost importance to maintain momentum so the economy can get......
If 2020 were a magic eight-ball, the results right now would be “outlook uncertain.” The economy is reopening in spurts, but spikes in COVID-19 infections are also preventing other areas......
Cash flow has become the main focus for trucking fleets of every size. Especially now, when trucking companies need to maximize their access to working capital, speeding up cash flow......
While essential supply chains are the domain on Class-8 vehicles, trucking companies are realizing the need for medium-duty vehicles to stay competitive and relevant. While medium-duty vehicles may not have......
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......
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......
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......
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......
Small carriers may not have the pull or volume of businesses of larger fleets, but they can do things that large trucking companies can’t. Small carriers can provide “last mile”......
Shipping rates are experiencing downward pressure in some markets. Even as some states reopen during the pandemic in a move to kick-start the economy, shippers and brokers still maintain leverage......