For the past few years, the trucking industry has had the benefit of flexible credit standards. As the economy recovered from the Great Recession of 2008, lenders saw the importance......
Every trucking company needs capital to maintain and grow its operations. In the trucking industry, fleet owners rely on loans for everything from working capital to smoothing out uneven revenue......
The premise seems simple enough. For trucking companies of all sizes to maintain operations and grow successfully, they need capital and fuel. However, after a number of market disruptions and......
The debt cycle is nothing new to trucking companies. If fleet owners are not leasing vehicles and other equipment, the chances are pretty good that they took out a loan......
A good portion of the trucking industry is currently in a state of overcapacity. While demand has snapped back from the high-capacity demand from last year, revenue cycles have been......
The current climate in the trucking industry is experiencing pressures from tariffs, technology, legislation, and gaps in the workforce. While trucking rates have seen an increase over the past months,......
The threat of tariffs that created last year’s crunch for the trucking industry and drove up trucking rates seems to have normalized. Unfortunately, the normalization means costs are back to......
Trucking companies need to protect themselves against bankruptcy in order to keep our economy moving. 2019 is shaping up to be an odd year for the trucking industry. On one......
Last year saw a rise in small trucking companies across the United States. Small trucking companies play a very integral part in supply chains by taking some of the burden......
When you’re a new truck driver, it can be difficult to separate the good advice from the bad. Whether you’ve just finished truck driving school or are considering joining the......