Freight factoring can sound intimidating. In reality, the factoring process is a simple, easy, and valuable way for carriers to get paid within 24 hours, rather than the typical 30-90-day waiting period. Here’s a step-by-step guide for how freight factoring works. What Is Freight Factoring? Freight factoring is when a carrier sells their freight… Read more »
If you’ve shopped around for a factoring company, you’ve likely encountered the terms recourse and non-recourse. These terms describe different types of factoring services. For carriers considering factoring, knowing which service is right for your company can make a significant difference to your budget in the long run. What Is Recourse Freight Factoring? Recourse… Read more »
Of the many roles that different semi truck tires must fill, none is as essential as the drive tires on a semi truck. These tires connect torque to pavement, shouldering the heavy weights of the open road. The best drive tires provide an optimal balance of traction, tread life, and fuel efficiency. When optimized for… Read more »
Gone are the days of goons in ski masks. With today’s cargo crime rings, freight theft looks more like a scene from Ocean’s Eleven. A Florida-based cargo crime ring is being charged with more than $5.2 million in stolen goods from some of the largest brands in the world. Through surveillance, stealth, and carefully calculated… Read more »
Steer tires determine the direction of your truck, and if you’re not selective, the direction of your budget. When selecting 11R22.5 steer tires, choosing the model that best aligns with your routes, loads, and goals is critical for financial success. Here’s what to look for when buying 11R22.5 steer tires, and how to make the… Read more »
If you’re growing a trucking business, you are probably familiar with its most frustrating paradox: You need to take on more loads to grow, but you don’t get paid to cover your expenses for up to 90 days. How do you grow your business with no cash, a fuel bill, and a truck payment due?… Read more »
As carriers seek to cut costs in a tight market, many choose the cheapest trailer tires available. After all, semi-trailer truck tires demand the least performance of all other tire positions, right? Here’s the truth most truckers don’t understand: Cheap tires end up costing the most. Think about it: Cheap semi-trailer truck tires require more… Read more »
In an unprecedented five-day blitz, 300 FMCSA agents visited the sites of over 1,400 commercial driving schools. By the initiative’s end, 550 schools were decommissioned. As the industry still reels from the bombshell, it’s essential to understand the repercussions to carriers in a tight market. Here’s exactly what happened and what to expect. Tired of… Read more »
For every five dollars you’ll earn this year, one will go to fraudsters. It feels unbelievable that such a massive portion of your trucking budget will be lost to fraud… but the numbers don’t lie: 19% of current fleet spending is lost to fraud or theft. For small carriers, a loss of one-fifth of their… Read more »
When people describe trucking as a ‘dangerous job’, they are typically referring to the countless hours on the road, putting them at significant risk for an accident. Though accidents do pose a threat to truckers, they are dwarfed by the real danger of trucking: Poor mental health. The life expectancy of a trucker is 16… Read more »
