Tips for Transitioning From Driving for a Trucking Company to Working for Yourself

Your goals in 2022 are to become your own boss. Per the U.S. Bureau of Labor Statistics, the average wage for tractor-trailer truck drivers in 2021 was $22.66 per hour. For owner-operator driver salaries, Indeed reports an average hourly wage …

12 Ways to Maximize Your Loads for Biggest Profits

It’s your goal this year to maximize your loads. You need revenue growth to afford to give your drivers raises and invest more into your trucking company’s growth. What are the best ways to get bigger profits from your loads …

Are You Ready for the Truck Driver Laws That Are or Are Hoped to Change in 2022?

The Biden-Harris Administration created the Trucking Action Plan to help strengthen the U.S. supply chain and trucking industry. The goals are to ensure drivers are getting fair wages and benefits, boost the number of available registered apprenticeships for new truck …

Common Freight Factoring Myths Busted

So many people shy away from freight factoring due to the things they hear. With so many myths, it’s hard to decide what’s true and what’s being exaggerated. We’re here to help you better understand the truth behind ten common …

Is a Line of Credit Better Than Freight Factoring?

Growing your trucking business is your priority in the new year. You’ve narrowed down your choices to freight factoring or obtaining a line of credit. You’re most familiar with a line of credit, so isn’t that the better option? Not …

How Does Freight Factoring Work?

Sometimes, you don’t want to wait to get paid. You’ve delivered a company’s merchandise, but you have to wait a month or two for them to pay your invoices. It would help if you had cash now. Urgency is a …

Best Mobile Technology for Freight Factoring

Have you ever stopped to think about how much technology has changed the working world and your personal life? How did trucking companies and brokers find loads and get paid before there was technology to help? Go back about 30 …

What Does It Cost To Run A Trucking Company?

For many truck drivers, their dream is to one day own their own trucking company. Who doesn’t prefer to be a boss rather than the person getting told when to be someplace? But the transition from being a driver to …

How Can I Get Money Faster For Truck Loads Delivered?

According to the American Transportation Research Institute, average revenues for U.S. trucking firms were more than $284.4 million in 2017. Median revenues were just over $23 million. Much of this depends on the size and type of trucking company, but …

Freight Factoring Services For Large Fleets

What do you know about freight factoring? Many owners of small fleets use freight factoring to grow their fleet. But, what about a larger trucking company? Does freight factoring for large fleets benefit trucking businesses? Across the U.S., haulers from …