Posts filed under: Trucking

The trucking industry is starting to gain a firm foothold in the economy, despite the challenges posed by pandemic restrictions, high unemployment in other sectors, and new legislation. In order for trucking companies and owner-operators to keep up their momentum,...
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While unemployment is high in other industries, trucking is pulling ahead. Trucking industry analysts are pointing to a driver shortage of roughly 50,000. The shortage, combines with high demand, has created a perfect situation for anyone looking for a new...
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If you had a magic eight-ball, all of the answers for 2020 would be “the outlook is uncertain.” For every region and industry in the United States that opens up, a new spike on COVID-19 infections sets everything back to...
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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 can make a huge difference long-term financial health. Shippers and...
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The Owner-Operator Independent Drivers Association (OOIDA) is placing pressure on Congress to either eliminate or suspend two trucking taxes to provide economic relief to carriers and independent drivers. Heavy Vehicle Use Tax Among trucking taxes the Heavy Vehicle Use Tax...
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Driver retention has been a big focus over the past five years. The reports of an ever-present driver shortage seem to be a mainstay in the news, and older truckers are preparing for retirement, leaving a gap for new hires,...
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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 capacity of larger trucks, their role is just as...
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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 there is a freight bubble forming, and that revenues will...
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Last week, the FBI released a warning to the trucking industry with information about cybersecurity vulnerabilities in electronic logging devices (ELDs). This has caused the trucking industry and the FMCSA both to revisit the ELD Mandate from 2017. The ELD...
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The trucking industry often gets overlooked in mental health discussions. While mental health is extremely important at all times, now more than ever, we need to focus on the well-being of drivers. Guidance during the pandemic has cut many drivers...
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