Small carriers may not have the pull or volume of businesses of larger fleets, but they can do things that large trucking companies can’t. Small carriers can provide “last mile” services. This has been crucial during the COVID-19 pandemic, and...
Charity drives to help workers in the trucking industry are nothing new. Truckers get sick. Truckers become temporarily incapacitated. Carriers go bankrupt. Whatever the reason, unemployment benefits are not always enough to sustain truckers and their families until they get...
Shipping rates are experiencing downward pressure in some markets. Even as some states reopen during the pandemic in a move to kick-start the economy, shippers and brokers still maintain leverage over shipping rates, often to the detriment of carriers and...
The Owner-Operator Independent Drivers Association is placing pressure on Congress to pass legislation that would help protect independent truckers and small trucking companies alike from less-than-ethical practices used by some trucking brokers. Trucking Brokers and Transparency When owner-operators and small...
Working capital is crucial to the success of trucking companies. However, as banks tighten credit requirements and lower lending limits, carriers need a reliable source of working capital to maintain operations. Banks and Working Capital Banks have been tightening their...
Alabama, Florida, and other states have started to lift restrictions on their stay-at-home mandates, and other states are slated to follow throughout the month of May. Reopening states is not only a sign of confidence after the fist wave of...
