Independent owner-operators are looking for ways to improve cash flow. With the recent ruling in California, and the nebulous state of New Jersey’s “gig economy” legislation, it is of the......
This year, many trucking companies are trying to position themselves for growth or simply improve cash flow. Unfortunately, both goals are very challenging when trucking companies are waiting on payments......
In simplest terms, locked capital is used to categorize money that is either inaccessible, or funds that are allocated for other uses. For example, trucking fleets with existing loans have......
The holiday season always brings a spike in retail commerce. Despite doom and gloom projections this year, the trucking industry is also experiencing growth, and the spike is once again......
Debt seems like a necessary evil in the trucking industry. Trucking companies take out loans to purchase equipment, expand facilities, and even use short-term loans to overcome cash flow issues.......
An uptick in consumer confidence bodes well for the fourth quarter of 2019, and fleet owners can position themselves for growth in 2020. However, having access to working capital is......
Staggered payments have been baked into the trucking industry since its inception. Staggered payments are a common business practice, and a courtesy extended to clients who need freight services. However,......
As with many sectors of the economy, the last few months of the year are critical for trucking companies. The revenue generated from October until the end of January allows......
The fourth quarter of the year is historically a peak time for the trucking industry. However, between the snapback from last year’s high, combined with ongoing tariffs and talk of......