Since July 2018, more than 64% of carriers that arranged freight through our full-truckload brokerage documented a relationship with a trucking factoring company. Between July 2017 and June 2018, only 59% of carriers reported a relationship with a factoring company. This represents a 8.5% increase in one year. This method of handling accounts receivables has… Read more »
When it comes to semi-trucks and industrial trucks, both should be looked at as heavy-duty vehicles or heavy equipment. Especially when it comes to caring for those vehicles. These trucks experience extreme wear and tear every day. They transport heavy loads in hot and cold temperatures, and the number of miles driven can eventually add… Read more »
Time really does march on, and sometimes it ushers in unintentional opportunity. In logistics, particularly LTL, we should be aware of the end of quarter earning opportunities that immediately follow the “the march of time.” The end of the calendar year is nearly here, and the expiration date on Q4 and 2019 is quickly approaching…. Read more »
One of the most important tools in any business owner’s arsenal is their budget. A budget will allow you to set and achieve your goals and compensate for any losses along the way. This is especially true when you’re in the often volatile transportation business. A budget can seem overwhelming, but it is simple and… Read more »
If you’ve been driving a truck for a while, you may understand that well-planned routes and delivery times can oftentimes shift due to poor traffic, inclement weather, or lack of planning. No one likes spending unwanted time on the road, especially when it’s during the holidays. How do you avoid getting stuck on the road?… Read more »
If you’ve been in the transportation industry for any amount of time, you have experienced some sort of drivability issue while on the road. Whether it’s a blown-out tire or mechanical issue, operating issues can be stressful and dangerous. Most companies have policies against pulling over on the shoulder of the road unless there’s a… Read more »
As the end of the financial year quickly approaches, don’t wait too long to capitalize on all of your eligible tax deductions. Most expenses related to running your business can be tax deductible. It’s important to remember that these deductions apply to carriers who are operating under independent authority as well as for carriers who… Read more »
Despite being a significant safety feature on a truck, tires are one of the least understood components of a vehicle. This lack of awareness can be attributed to the vast amount of tire brands with little associated information about their many different products. Tires provide the sole connection between your truck and the road. If… Read more »
We are now moving into the time when most domestic shippers are busy preparing for the coming 2020 year in full-truckload transportation. Variables such as global trade, GDP, the retail landscape, domestic trucking capacity and intermodal rates have industry analysts and economists forecasting an upcoming ‘bumpy ride.’ With the possibility of unstable markets ahead, here… Read more »
Dirty diesel. What is it? Why should you care? Dirty diesel fuel is fuel that has built up sludge, slime, grime, and is likely not fit for use. Diesel fuel that has been sitting in storage tanks for long periods of time without proper testing or treatment starts to go bad. This is the stuff… Read more »
