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In both strong and soft economic conditions, two things remain constant. One, the trucking industry is the backbone of the American economy and allows commerce to take place on a national and international scale. Two, the constant need for working...
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When people think of first responders in a crisis, firefighters, police, and healthcare workers immediately come to mind. In our current climate with the COVID-19 pandemic, we need to recognize that truckers are on the front lines, providing goods and...
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March saw a tremendous surge in shipping for the trucking industry. Volume jumped by over 30%, and trucking companies were hard-pressed to keep supply chains moving to match the demand of consumers. “Panic purchasing” swept the country as people were...
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2019 was a turbulent year for the trucking industry. The lag in demand forced trucking companies to lay off drivers and, in extreme cases, close up shop entirely. Our current situation with the COVID-19 pandemic has mixed things up even...
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Back in January, California’s AB5 bill received a ruling stating that owner-operators could not be classified as employees of the fleets they were driving for as independent truckers. This was a win-win for trucking companies and owner-operators alike. However, with...
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The COVID-19 pandemic pushed businesses in every industry to take precautions to keep commerce moving while reducing potential exposure to the coronavirus. However, our economy relies on the trucking industry, so it is of the utmost importance to keep drivers...
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As the demands for food and medical supplies skyrocket, spot rates are rising by as much as whole points. As truckers rush to keep shelves stocked all across the United States, the industry is making a bounce back from where...
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COVID-19 continues to have a huge impact on our population and our economy. The trucking industry is facing high demand from shippers and consumers alike to move goods, products, and equipment quickly and efficiently. However, with drivers suffering illness, and...
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Small trucking companies need to maintain healthy cash flow to thrive and grow. While positive cash flow is essential to carriers of all sizes, any lag in revenue can result in small trucking companies being unable to pay bills, make...
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