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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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Since the use of electronic logging devices became mandatory, truckers have been trying to adjust to new hours of service, and both the trucking industry and the government are realizing some obstacles in the legislation, specifically for the transportation of...
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Last month, a large group called the Modernize the Truck Fleet coalition started to make a push to eliminate the federal excise tax on the trucking industry. The tax costs the trucking industry roughly $3 billion every year, with the...
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While self-driving trucks seem to have taken a backseat in industry news, there is a renewed push for zero emission trucks. This year, the Port of Oakland, CA is testing electric-powered tractors to see is they can haul fully-loaded containers...
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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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Roughly 90 percent of the trucking companies in the United States have 10 trucks or fewer. Many of those small trucking companies are able to service areas that larger carriers do not. However, making the connection between smaller carriers and...
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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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Tariffs have impacted international trade, and the uncertainty among shippers may cause a ripple effect for LTL carriers. Instead of the crunch time shippers and LTL carriers experienced last year, things are slowing down. The trucking industry, on average, is...
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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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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 side of the scale, the trucking industry is experiencing slower...
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