Category Archives: Blog & News

Refrigerated, flatbed, and hazardous loads often have higher per-mile rates, but there’s a downside. If you look just at driver wages, studies find wages and benefits start at 84.7 cents per mile. Compare that to 81.7 cents per mile for …

Trucking company owners or owner-operator businesses have two key options. You can work for a broker or shipper using long-term contract rates or spot rates. Spot rates are a one-time price used to move freight. As it’s a one-time job, …

The end of summer tends to be peak harvesting times across the U.S. From orchards with apples ready for harvesting to soy and corn crops that are ready, it’s a busy time of year for the agricultural sector. Yet, the …

Findings show that nine out of 10 new owner-operators and small trucking companies fail. Even experienced trucking company owners struggle. Consider RBX, Inc., a carrier that struggled financially and filed for bankruptcy after 40 years in business because its debts …

Freight factoring is a solid way to build a strong cash flow and ensure you’re paid on time for the hard work you and your drivers do. However, it’s also a partnership where you cannot let the management of your …

Optimized routes have the power to reduce fuel consumption and operating costs by as much as 20%. It’s one of the best ways to improve your trucking company’s profits.  Did you know that fuel card data is a powerful tool …

Several concerning facts came out with the 2025 release of the American Transportation Research Institute’s “An Analysis of the Operational Costs of Trucking.” Driver benefit costs increased by almost 5%. Driver wages are up by almost 2.5%. Truck and trailer …

Whether you’re an owner-operator or head a large trucking fleet, timely payments help you grow. However, even one late or missing payment threatens to topple the business you’ve built from the ground up.  The trucking industry is filled with slim …

Freight factoring is an important financial tool in the transportation industry. It’s a way to get paid immediately in an industry where it’s common to wait 30, 60, or 90 days after completing a job. It does come with risks, …

No matter how large or small your trucking company is, prompt payments are everything. With bills and wages to pay every week or two, a strong cash flow is important. Waiting 30, 60, or even 90 days for clients to …