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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 trucking companies to make plans for 2020 or to reinvest...
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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 trade wars, this year may once again be an anomaly....
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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 of the trucking industry and the revenue generated by trucking...
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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 cycles and expanding their companies. However, freight factoring can also...
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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 lowered rates in 2019, keeping ample levels of capital and...
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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 to make their purchases. Similarly, when there is a merger...
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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 slowing. To maintain a healthy cash flow, trucking companies are...
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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, despite doom and gloom analysts, e-commerce has been making significant...
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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 what they were two years ago, due to a “rubberband...
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