fbpx
We are still in the middle of winter, which means oil and gas distributors are supplying gas stations, private individuals, and more with the fuel necessary to keep vehicles moving and houses warm. However, staggered payment schedules may mean that...
Continue Reading →
Driver turnover in the trucking industry is nothing new. The American Trucking Associations (ATA) reported that in the third quarter of 2019, driver turnover for large carriers was at 96 percent. For small carriers, the number was 73 percent, which...
Continue Reading →
California’s Assembly Bill 5, also known as AB5, was stalled at the start of January. But could AB5 be revived later on down the road, and what are the current implications for the trucking industry? An Overview of AB5 AB5...
Continue Reading →
Late last year, the FMCSA announced that starting in January, they were going to increase random drug testing rates from 25 percent to 50 percent. This latest round of drug testing will have a number of impacts on the trucking...
Continue Reading →
Smaller trucking companies have received a lot of attention from industry news outlets over the past few years. During the high-demand period of 2018, smaller trucking companies helped to offset the burden larger carriers were experiencing from shippers calling for...
Continue Reading →
The idea of carriers switching over to electric trucks has been tossed around for years now. However, the cost and power output of solid-state batteries have always put plans on the back burner. Yet with trends in both commerce, technology,...
Continue Reading →
Independent owner-operators are looking for ways to improve cash flow. With the recent ruling in California, and the nebulous state of New Jersey’s “gig economy” legislation, it is of the utmost importance that owner-operators maintain a healthy cash flow to...
Continue Reading →
“Future-proofing” is a term normally reserved for the IT industry—creating networks and using technology that can hold up in a very innovative market. As the trucking industry becomes more reliant on and integrated with technology, future-proofing everything from specialized logistics...
Continue Reading →
This year, many trucking companies are trying to position themselves for growth or simply improve cash flow. Unfortunately, both goals are very challenging when trucking companies are waiting on payments for receivables issued in 2019. Outstanding Receivables Because of staggered...
Continue Reading →
It’s January, which means that analysts are trying to figure out the trends for gas prices in 2020 and how they will impact the trucking industry. However, the new year also marks the roll-out of the International Maritime Organization’s low-sulfur...
Continue Reading →