fbpx
For truckers, average freight factoring fees range from 1% to 5% of the complete load payment. There are a number of hidden costs in the company’s contract and knowing about them ahead of time can spare you the difficulty and...
Continue Reading →
Understanding How Freight Factoring Rates are Figured, Plus a Top-Down View of Common Fees Freight factoring can be a game changer for trucking companies, helping them keep their cash flow moving and offering a wealth of other benefits. While freight...
Continue Reading →
Load boards help the trucking industry keep running, but what are load boards exactly? A load board is an online marketplace where shippers, freight brokers, and carriers can post and find loads. Different load boards have different features and formats,...
Continue Reading →
If your trucking business is experiencing what most carriers are seeing, you’d probably say 2021 has been a solid year. Scratch that, it’s been an extraordinary year. This is because most carriers are having no trouble keeping their trucks loaded...
Continue Reading →
Trucking is the lifeblood of the American economy, accounting for more than 72.5% of the freight transportation across the country. With more than 3.3 million drivers, and 7.6 million people employed directly or indirectly by the trucking industry, it plays...
Continue Reading →
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...
Continue Reading →
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...
Continue Reading →
Economic analysts always look to performance in the freight industry to see how the US is doing. When freight and logistics growth slows, that could mean there is a recession on the horizon. This “trucking recession” tends to have ripples...
Continue Reading →