Invoice backlogs have always existed in the trucking industry. Since the standard business practice is to issue invoices to customers with payment windows of 30 days or longer, the staggered payments can cause open accounts to pile up. Fortunately, there...

For a while now, the trucking industry has relied on various forms of technology and services. Somehow, truckers and fleet owners have managed to coordinate these independent things to work together in order to provide fast and accurate information to...

Maintaining a source of working capital is a delicate balancing act for many fleet owners. When cash flow is tight, many fleet owners are tempted to use asset based lending. After all, asset based lending comes off as an appealing...

At Express Freight Finance, we often bring our readers the latest development on self-driving trucks, and various technological advances in the trucking industry. However, at the Work Truck Show in Indianapolis last month, alternative fuel trucks came to the forefront,...

This article should be prefaced with the fact that this is not a belated April Fool’s Day joke. No one in this industry, especially delivery drivers themselves, find disputes over payment to be a laughing matter. If anything, this article shows...

The FMCSA’s mandate on ELD (electronic logging device) compliance will go into effect on December 2017. For many fleet owners, as well as independent drivers, this means transitioning away from various logging methods to avoid house of service (HOS) issues,...

Overhead expenses make up a large portion of outgoing capital in trucking business. Fuel, equipment maintenance, payroll, insurance, leasing agreement, and regular utilities can take a large portion out of any generated revenue. However, with payment schedules on invoices and...

A short while ago, the trucking industry was worried due to a decline in jobs across the board. However, as of last week, there has been a major turnaround with over ten thousand trucking jobs added to the roster. Where...

The trucking industry has been around for a long time, and there are still processes and operations which have changed very little. One of the most important aspects of the industry, trucking invoices, is still being handled the traditional way...

By April of 2017, the trucking industry must be in compliance with the Food Safety Modernization Act (FSMA). While many points in the FSMA are common sense, the preparations in between shipments could cost both time and money for independent...