Fuel is the biggest and most unpredictable expense for any trucking company, which is why trucking fleets of all sizes rely on fuel cards to help save money on gas and other vehicle-related expenses. Unfortunately, the possibility of fuel card fraud can threaten profits and complicate operations. Even with the most stringent fuel card programs, […]
The Federal Motor Carrier Safety Administration’s (FMCSA) emergency interim ruling on non-domiciled Commercial Driver’s Licenses (CDLs) has sparked widespread debate and concern across the trucking industry. Our team conducted a sentiment analysis of public comments submitted to FMCSA through the regulations.gov portal regarding the rule, offering insight into how drivers, carriers, and other industry stakeholders […]
Fuel theft can quietly drain a fleet’s profitability if you fail to address it early. From diesel fuel theft at unsecured parking spots to employee fuel theft and fuel card misuse, these small, repeated losses can add up fast. For fleet owners and operators, knowing how fuel theft works and how to prevent fuel theft […]
From simplifying payments to reducing costs, there are so many benefits to using a fuel card. Unfortunately, fuel card fraud is always a concern. From unauthorized purchases and card skimming to subtle misuse that goes unnoticed for months, fraud can drain profits faster than rising diesel prices. Business owners and fleet managers need to understand […]
Recent changes announced by the Federal Motor Carrier Safety Administration (FMCSA) and the U.S. Department of Transportation (DOT) have put millions of holders of non-domiciled CDLs under new scrutiny. The updated rules make it harder for non-citizens to get or renew these licenses. What Is FMCSA’s “Interim Final Rule?” On Sept. 29, 2025, FMCSA released […]
With federal agencies tightening immigration-related rules in trucking, such as an increasingly strict English-speaking mandate, non-domiciled CDLs have become a hot topic. These licenses are crucial for drivers who are legally in the U.S. but don’t yet qualify for a standard state-issued CDL. For carriers, schools, and new entrants, understanding how non-domiciled CDLs work is […]
Heavy-haul trucking is a specialized form of trucking that triggers many questions. What is considered a heavy (oversized) load? How do you get into the heavy-haul industry? What are the safety requirements like? Whether you’re curious about heavy-haul trucking rates, heavy-haul permits, or equipment and safety standards, this guide breaks down everything you need to […]
Getting into heavy-haul trucking is a smart way to specialize your skills and earn a lucrative income. However, while heavy-haul trucking may lead to financial security, entering the industry requires a significant amount of careful planning. Because the job can be so complex, you need to prepare before entering this field. Learn how to start […]
The trucking industry faces another financial obstacle as new heavy-duty truck tariffs officially take effect Nov. 1. The decision, which falls under Section 232 of the Trade Expansion Act, impacts most imported medium- and heavy-duty trucks. While the move is designed to strengthen domestic manufacturing, it’s expected to have massive effects across the industry. The […]
Cargo theft has become an increasingly costly and disruptive problem for logistics and trucking businesses. With an increasing number of criminals targeting shipments, business owners have been forced not only to prioritize protecting cargo but also to rethink safety measures altogether. While preventing cargo theft altogether is difficult to achieve, you can greatly reduce the […]
In March 2024, FMCSA (Federal Motor Carrier Safety Administration) first announced their plan to phase out MC numbers and shift to a USDOT-only system. The decision is just one part of FMCSA’s recent efforts to centralize and further modernize their current registration system. The decision came with many questions, given how commonly used and referenced […]
After growing a successful trucking business, many owners typically look to the next logical step: selling the company for a profit. However, negotiating the sale of a trucking company can require as much coordination as managing the business, especially if you plan on marketing and selling your trucking business yourself. In this guide, you’ll learn […]
Getting a commercial driver’s license (CDL) is often the first step when starting your career in trucking. Before doing so, you need to budget in the time and money to apply for and obtain your CDL before hitting the road. But how much you should budget for getting a CDL? This is an important question […]
Each year, tens of thousands of aspiring truck drivers apply for a CDL. With so many new drivers, it’s common to wonder how long the process takes. From driving school to paperwork, there’s a healthy amount of work that goes into the CDL application process. How long it takes depends on the amount of time […]
Your CDL will open many doors for your career in trucking, though the type of CDL you obtain will limit where you’re permitted to drive. For example, the distinction between CDL intrastate vs. interstate will determine where you’re allowed to operate. It’s also common for drivers or owner-operators to start with intrastate authority to gain […]
September 14-20 will mark National Truck Driver Appreciation Week (NTDAW) 2025, a period during which truckers nationwide will be recognized and celebrated for their essential contributions to the national economy and daily lives of all Americans. What Is National Truck Driver Appreciation Week? NTDAW is an annual week-long recognition of truckers for their vital work […]
The trucking industry continues to fight an uphill battle in 2025, evidenced by a growing number of major bankruptcies and players leaving the industry over the past year-plus. Concerning trends like continued bankruptcies are nothing new for industry professionals. This is a market that has dealt with its fair share of challenges in the post-COVID […]
It’s a question that’s become a hot topic in the world of transportation: when will self-driving trucks take over the road? Truckers might naturally be concerned about being replaced by autonomous trucks. In fact, the first self-driving trucks have already been introduced. These driverless trucks could pose a threat to truckers’ jobs and reshape the industry […]
Choosing a business structure is one of the first decisions you’ll have to make as a new owner-operator. LLCs and sole proprietorships are the most common business structures for owner-operators, but an S-Corp is also an option. Each structure has its own pros and cons that you’ll need to consider. So, which is the best […]
Key Takeaways Vermont’s rest stops are, on average, the best in the U.S. The customer service at rest stops in Massachusetts gets the most praise. Waynesville, N.C., is a hotspot for quality rest stops. We found the best places to stop on the I-10, I-80, and I-95 – the busiest truck routes in the country. […]
Truck drivers and carriers shouldn’t underestimate the importance of CSA scores. Standing for “compliance, safety, and accountability,” CSA safety scores are a key tool used by FMCSA to identify which carriers and drivers pose a high risk to others on the road. Knowing where to find CSA scores, your CSA score meaning, and which factors […]
Are you thinking about starting a trucking company? Or maybe you just want to start your career as a company truck driver for an existing business? Regardless of your plans, if you want to get behind the wheel of an 18-wheeler, you need a valid commercial driver’s license (CDL). A CDL opens the door to […]
Truck drivers who can’t speak English proficiently may now be removed from service under Trump’s recent executive order, taking effect today, June 27. For years, commercial truck drivers who failed to abide by the FMCSA’s “English proficiency rule” were subject to minor citations. But the new mandate, signed in late April, subjects drivers to being […]
Are you planning to exit the trucking business or sell your company to a new owner? From offloading physical assets like trailers to managing the legal paperwork, There’s a lot to consider if so, from offloading physical assets to managing all the paperwork. A common question for business owners in this scenario is if you […]
When it comes to managing trucking logistics, you have the option to choose between handling everything in-house or hiring a freight broker. While using a freight broker does come with some minor downsides, many truck owners say it’s worth the improved efficiency and flexibility. Whether you’re a small business trying to grow or a large […]
There are plenty of differences between interstate and intrastate trucking that extend beyond just operating across state lines vs. within state lines. And whether you run your own trucking company, drive a semi-truck, or simply work in the industry, it’s critical to know the ins and outs interstate vs. interstate trucking. For business owners, the […]
There’s plenty of paperwork and legal requirements to check off before trucking businesses can haul cargo across state lines. One of the most common steps when it comes to opening a trucking business is obtaining a DOT number. A DOT number is typically a must-have for trucking companies. Assigned by the Department of Transportation (DOT), […]
When looking into starting your own trucking business, it’s important to consider the differences between being a fleet owner and an owner-operator. Both options offer more independence and flexibility than being a fleet driver, but they’re not the same. While many responsibilities and business operations overlap, the day-to-day for fleet owners vs. owner-operators still look […]
The past few years have been tumultuous for many within the freight industry. Reduced spending for shipping services beginning in post-COVID times led to historically low demand, causing what’s now known as the “Great Freight Recession.” Beginning in 2022, effects from the freight recession were felt throughout the entire supply chain. It didn’t help that […]
The freight industry is loaded with safety regulations and inspections, and for good reason, as keeping the roads safe needs to be a priority for everyone within the industry. The most notable routine trucking safety inspection is DOT Blitz Week. The Commercial Vehicle Safety Alliance (CVSA) conducts DOT Blitz Week annually. It’s imperative for truck […]
Choosing between LTL vs. FTL shipping can have a big impact on your budget, timelines, and customer satisfaction. Whether you’re moving a few pallets or a full truckload, knowing the difference between LTL and FTL helps ensure your products arrive safely and efficiently. However, it can be difficult to choose which shipping method to move […]
Most trucking company owners have a CDL and have experience behind the wheel. But what if you want to start a trucking company without a CDL? This is a common thought that many have before entering the trucking industry. And while it is possible, understand that starting and running your own trucking company without a […]
Shipping freight can be complex and costly, but knowing how it works is a must for transporting goods from point A to point B efficiently. Full truckload (FTL) shipping is great if you have a lot of products to ship, but what if you don’t always need a full truckload? Less than truckload (LTL) shipping […]
When it comes to making a career in truck driving, it’s important to first understand all of the different types of truck freight, trucking jobs, and the type of loads that these trucks haul. With so many different types of freight on the roads, there needs to be different types of trucks to safely and […]
It’s no secret that fuel is one of the costliest expenses for trucking business owners. In fact, in a recent survey gauging top industry concerns, fuel prices ranked number three, only behind the economy and truck parking. Given how expensive it can be to run a trucking company, the most successful carriers learn how to cut costs […]
Once you’ve officially checked off all of the requirements for starting a trucking company, the next question becomes how to market your trucking business. While you may be able to get some early truck business contracts through your personal connections, marketing will help you gain more clients down the road. Advertising for trucking companies can […]
A significant aspect of trucking compliance revolves around DOT (Department of Transportation) numbers. It’s essential to not only obtain a DOT number, but to ensure it is active. An inactive number could lead to harsh penalties and even the removal of your operating authority. To check your DOT number status, you first need to know […]
Opening a trucking business requires more than industry expertise, capital, and a truck—it also requires a long list of regulatory to-dos. Both MC (Motor Carrier) numbers and DOT (Department of Transportation) numbers are required for commercial truckers. While these numbers are both issued by the FMCSA (Federal Motor Carrier Safety Administration), they serve different purposes […]
After working through the steps of starting a trucking business, your next natural step is to find loads to haul. For many, understanding how to submit freight shipping bids is a new challenge in and of itself. Regardless, learning how to bid on freight loads is essential if you wish to run a successful business. […]
With so much time and energy that goes into being an owner-operator, the last thing you want is to fall victim to freight fraud. Prospective and current owner-operators need to be aware of several types of freight scams. Getting caught up in a trucking scam could result in fines, lost revenue, and other negative consequences, […]
Whether you’ve decided to become a solo owner-operator or lease on with a larger carrier, running a trucking company requires a lot of grit and determination. Successful trucking businesses know the importance of sourcing a steady stream of work from in a variety of ways, which is why government freight contracts are so coveted. Hauling freight for […]
The trucking industry is nothing less than complex. With so many constantly moving parts, literally and figuratively, it’s crucial that each party involved in the transportation of goods is on the same page. If there’s one role in the trucking industry that makes life easier for every party involved in a shipment—from shipper to carrier—it’s […]
Freight brokers and freight carriers have two of the most important roles within the transportation and logistics industry. Even from a nationwide workforce perspective, brokers and carriers are crucial to keeping the economy going. If you’re relatively new to the trucking industry, you might find yourself wondering what the differences are between a freight broker […]
How a lack of drivers costs the freight industry nearly $100 million each week.
Becoming an owner-operator gives you more control over your schedule, finances, and career, but it puts a lot of responsibilities on your plate. If you’re new to running your own trucking business, navigating the legal complexities and paperwork can be confusing. One common source of stress for new owner-operators is the question of whether you […]
When it comes to running your own trucking business, one important element is understanding the difference between owner-operators and carriers. While there are some differences between how these terms are typically used, the owner-operator vs. carrier gap isn’t as wide as you might expect. What Is an Owner-Operator? An owner-operator is defined as a trucker […]
An important part of owning your own trucking business is learning how to work with various professionals in the trucking industry, including brokers and dispatchers. Freight brokers and freight dispatchers play a crucial role in logistics, helping goods get from point A to point B. Both roles are important in your work as a trucker, […]
Every new company needs capital, and starting a trucking company is no different. Whether you need to buy a truck or hire employees, funding is a must-have for starting a new trucking company. However, few people have thousands of dollars in savings to fund a business. Fortunately, you don’t need to scrimp and save to […]
Truck drivers spend an average of $2,400 a week just on gas, making it one of the biggest expenses for owner-operators. That might not be an issue if you run an established trucking company, but if you’re just getting started, it can be challenging to get enough funding to cover fuel costs. To complicate matters, […]
If you’re a new carrier or someone interested in starting your own trucking business, know that you’re going to need to invest time in setting up your accounting system before taking on your first customer. Managing your money well is the key to profitability—even if you don’t have any profits yet. Income tracking, expense management, […]
One of the most important parts of the freight billing process is the freight audit. During the freight audit, the original freight bill and invoice are compared with the terms and services a carrier and shipper agreed to, as well as the state of the delivered goods or products. Freight bill auditing is a key […]
Freight billing is an overarching term that is used to describe the way money moves between shippers and carriers as part of the freight shipping process. It can be a complex and time-consuming process, and the logistics can be even more complicated when brokers are also involved in negotiating rates with carriers. Understanding how the […]
As a carrier, one of the most important considerations required for running a successful trucking business is knowing how to keep your trucks in top condition—and the best way to do this is by following a semi-truck maintenance checklist. A truck preventative maintenance program greatly reduces the risk of breakdowns and accidents on the road. […]
A semi-truck is arguably the most important asset for any trucking company. Some carriers choose to purchase their semi-trucks, but that isn’t the right option for all business owners. So whether the high costs of starting a trucking business is forcing you to keep upfront costs to a minimum or you just want to make […]
A semi-truck is the most crucial piece of equipment for trucking business owners, but it’s also a huge investment! There are a lot of factors to consider when buying your first semi, from the particular type of truck you need, to how much you can afford to spend as a down payment, to calculating long-term […]
All trucking companies, from brand-new LLCs to seasoned businesses, must make a habit of abiding by trucking compliance regulations to prepare for DOT audits and routine inspections. To do so, carriers should prepare a DOT compliance checklist to ensure that your company, its vehicles, and its drivers are operating in accordance with trucking company regulations. […]
Becoming an owner-operator can pay off in the long run, given the position’s earning potential, but hefty startup costs add a barrier of entry to the industry. For many, owner-operator truck financing is necessary to secure the capital to get their business up and running. While securing owner-operator financing may seem intimidating at first, the […]
Studies show that trucking owner-operators spend as much as $70,000 a year on fuel, making it one of the biggest expenses for small fleets. Using an eco-friendly truck and driving safely can cut fuel costs, but this is still a huge burden for small businesses. Therefore, many trucking companies turn to fuel cards to better […]
Fuel remains one of the costliest expenses for carriers despite diesel prices having declined in recent years. With costs so high, fleet managers and trucking business owners need to get creative about how they pay for these expenses. Many turn to fuel cards or credit cards to cover the immediate costs of gas, but which […]
Despite diesel fuel prices decreasing in recent years, fuel remains one of the costliest expenses for carriers in 2025. And while you can’t avoid fuel purchases, you can certainly streamline them with fuel cards. Designed for fleet businesses, fuel cards benefit truckers by making it easier to manage fuel expenses and reduce waste. While they […]
If you’re running your own trucking business, you need to know the ins and outs of DOT inspections. These inspections help keep the roads safe by ensuring that commercial vehicles are in good operating condition. As a result, roadside inspections can occur at any time. There are 6 DOT inspection levels, with varying DOT inspection […]
Trucking is a very competitive market—but those who take the right approach can come out ahead. In order to do so, you must find the highest-paying truck loads to ensure your business succeeds. Truckers and owner-operators must navigate various factors to secure these lucrative opportunities. Understanding market demand, leveraging load boards, building strong relationships with […]
As an owner-operator, there are many trucking business expenses to consider before you go through with launching your company. Purchasing fuel, buying a truck, and maintenance costs might come to mind first, but one expense that can’t be overlooked is trucking business insurance, including owner-operator health insurance. It might be irritating that you have to […]
California Assembly Bill 5 (commonly known as the California AB5 law) has had an outsized impact on owner-operators in California. Though not necessarily intended as a California truck law, the bill heavily influences when truck drivers are classified as employees within the Golden State. California owner-operators have even taken to protesting the loss of their […]
Deciding to start a trucking company can feel like a leap of faith. As an owner-operator, you’re embracing the flexibility and hard work of a life on the road. While purchasing or leasing a truck is an important first step, you also need clients to stay in business. Business might be slow initially, but demand […]
Looking for a career change? Or perhaps, simply considering moving on from being a company driver and starting your own trucking business? Becoming an owner-operator could be a lucrative option—in fact, owner-operators make an average yearly salary of $324,043 before expenses. While working as a truck driver can be an excellent career, becoming an owner-operator […]
Of the many financial concerns associated with running a trucking business, few are more pertinent to your day-to-day operations than obtaining a fuel card. Fuel cards are not only convenient for filling your rig, but they can also help you unlock a variety of discounts and give you greater control and oversight over fuel-related expenses. […]
One of the most important parts of becoming an owner-operator and starting your own trucking company is obtaining a DOT number for your business. But what is a DOT number on a truck, and what is required to get a DOT number in the first place? By understanding how to get a DOT number and […]
Fuel is unsurprisingly, one of the costliest expenses for trucking businesses. That’s why the most successful owner-operators find ways to save dollars on fuel, one of which is by investing in a fleet fuel card. A fuel card, which is used similar to a credit card, is used for fuel discounts and other vehicle-related services, […]
Turn your unpaid invoices into working capital for your business Get Factoring Today Trucking is a vital part of the American economy, making a national truck driver shortage a serious cause for concern. While 3.54 million truck drivers were employed in the U.S. in 2023, this is actually well below the number of drivers needed […]
Both carriers and owner-operators want the best payment possible for hauling loads for their customers. While some drivers and carriers prefer the consistency of contract rates, spot market freight rates are the best way to increase your earning potential in the short term. Spot rates in trucking are tricky because they fluctuate based on supply […]
Whether you’re a carrier with a large fleet of drivers or a solo owner-operator, running a trucking business is an expensive undertaking. In order to succeed, you need to familiarize yourself with every potential cost-saving measure. Since fuel is one of the most significant owner-operator expenses, one of the best cost-saving measures you can take […]
When starting a trucking company, one of the most important things to consider is how you will register your business. For many, starting an LLC trucking company is the way to go—but first, you should understand how to get an LLC for your trucking business and what it means for your operations. In this guide, […]
Turn your unpaid invoices into working capital for your business Get Factoring Today In shipping and logistics, transparency and organization should always be at the forefront. And when it comes to ensuring transactions are well-organized and properly documented, applying a number to each bill of lading makes life easier for all parties involved. Bill of […]
Every now and then, freight brokerage companies or carriers will utilize the services of a secondary freight company to deliver the shipment that they were hired to manage. Sometimes, though, this happens illegally. When a secondary broker or carrier gets involved in the process, it’s considered either co-brokering or double brokering. But what are the […]
A common error made in logistics is confusing the bill of lading with an invoice. These documents serve distinct purposes in the transportation and sale of goods. Here, we outline the details of these essential documents, so you can ensure accurate business transactions. What Is a Bill of Lading? A bill of lading (BOL) is […]
Freight factoring is a common form of financing for trucking business owners who need quick funding. It’s a common practice to provide cash flow so truckers can keep hauling goods. If you’re a carrier interested in pursuing freight factoring, you need to first understand the full scope of factoring terms to prevent confusion or disagreements […]
Imagine a manufacturing company preparing to ship a significant order of products to a retailer across the country. To ensure the carrier legally acknowledges receipt and agrees to transport the goods to the designated destination, a bill of lading (BOL) is created. This document details the shipment’s specifics—such as product quantity, weight, value, and special […]
The bill of lading (BOL) is a key legal document in shipping. It acts as a contract, receipt, and sometimes title for transported goods and details the cargo’s type, quantity, and destination. However, a typical bill of lading can be a pretty complex document with a plethora of information on a single page, so it’s […]
While the trucking industry is heavily regulated, sometimes, brokers don’t play by the rules. A common illegal practice carried out by freight brokerage companies is the act of double brokering. This can be for many reasons. Perhaps they have stretched themselves thin with a hectic schedule, lack the funds to operate by the book, or […]
Imagine a situation in which urgent repairs are needed to a fleet of trucks, sidelining them when you’re on a strict deadline for upcoming deliveries. If capital isn’t readily available to fix the problem, you might have reason to believe it’s cause for panic. Obtaining a trucking business loan can mitigate problems like this and […]
There are numerous important financial decisions to make when starting a trucking business. From choosing a specific industry or type of truck you’re going to drive to which fleet fuel card you’re going to obtain, there are several factors that play a role in helping you start a profitable business. But few decisions will be […]
Artificial intelligence is becoming an increasingly popular global topic. From February 2022 to February 2024, Google searches for “AI” rose by a staggering 1000%, highlighting a common interest in just how impactful AI can become and what the implications might be. The trucking industry is not exempt from those impacts. Self-driving cars have arrived and […]
Turn your unpaid invoices into working capital for your business Get Factoring Today The competitive nature of the trucking business makes it crucial that you’re finding the best loads. This is where having access to the best load boards can make a significant difference in your company’s success. Load boards are the key that unlocks […]
For many business owners – and owner-operators in particular – one of the biggest challenges is figuring out how to finance your business and improve cash flow. Quite often, trucking companies struggle to have clients pay invoices in a timely manner, which can lead to major financial difficulties in keeping up with their ongoing expenses. […]
For individuals breaking into the trucking industry in hopes of becoming successful owner-operators, it is essential to familiarize yourself with DOT numbers and MC numbers. These are important credentials to obtain, necessary for the majority of trucking business owners. However, if you’re still in the early stages of drafting your business plan, you might be […]
You’ve just purchased your first semi-truck to start an owner-operator trucking business. You plan to operate under your own authority and transport goods across state lines. Beyond all of the expenses and details that come with starting a trucking business, you must consider one significant factor: insurance costs. But what will the semi-truck insurance cost? […]
Entering the trucking industry as an owner-operator comes with one consequential decision in particular: whether to lease-on with another carrier or become an owner-operator and operate under your own authority. This choice defines not just the legal and operational framework of your business – but its potential for growth, independence, and profitability. Understanding the differences, […]
Insurance is one of the most significant expenses for every owner-operator. Following FMCSA insurance requirements is vital for remaining compliant with industry regulations, as well as protecting your trucking business’s finances and your company as a whole. With that in mind, here’s what you need to know about owner-operator trucking insurance so you can get […]
Freight brokers play a crucial role in the logistics and transportation industry, acting as the middlemen that connect shippers with carriers. But how do you ensure that the freight broker you’re working with is financially reliable and trustworthy? The answer lies in checking a freight broker’s credit score, a vital step that could mean the […]
It comes as no surprise that fuel is one of the most relevant and routine expenses in the trucking industry. Fuel prices directly impact the profitability and operational efficiency of trucking businesses, so it’s crucial to do your research on fuel-related topics to find answers to important questions such as, “Do truck drivers pay for […]
Owner-operators have a lot of expenses on their plate, so when it comes to running your own trucking company, it’s important to explore different avenues to save a few dollars. One way to do so is by taking advantage of tax deductions. While filing taxes can be a major headache for owner-operators, understanding which tax […]
When running your own trucking business, you’ll want to know how to calculate cost per mile (CPM). Understanding how much you spend to drive each mile provides crucial insights into how much you need to earn to make a profit. You can then identify ways to cut expenses, set rates appropriately, and ultimately improve your […]
The trucking industry plays a huge role in the nationwide economy, and the importance of goods being transported across borders efficiently will ensure the industry remains in demand for the foreseeable future. Because of this, becoming an owner-operator can be a lucrative career choice. However, the financial challenges of starting a trucking business, especially if […]
Starting your own trucking company is an exciting proposition. After all, you can make good money running a trucking business, all while enjoying the freedom that comes from making your own schedule. However, starting a trucking company requires hefty planning. One of the most important questions you’ll need to consider is, “How much does it cost […]
As a new or soon-to-be owner-operator, having a comprehensive knowledge of the expenses that lie ahead of you will prevent unexpected costs that could potentially threaten your cash flow. Especially if you’re just starting your trucking business, understanding these costs is key to managing your finances and ensuring the profitability of your business. From insurance […]
If you’re a company truck driver or have a solid understanding of how the trucking business works, you might consider starting your own trucking business. It can be a lucrative career–owner-operators earn more than $300,000 per year–and the best part is you only need one truck to start a transportation business. However, it requires full-on […]
To run a successful trucking company, you must charge appropriate rates. While owner-operators can pull in an average yearly salary of $323,696, much of this goes to covering their expenses — fuel, in particular. In fact, rising fuel prices consistently rank as the top concern for the trucking industry as a whole. Because of this, […]
A fuel surcharge is the price a trucking company charges the shipper to make up for increases in fuel costs due to fluctuating diesel prices. Oftentimes, a freight company will calculate its cost to haul a load according to a baseline fuel price, but at the time the load is ready to ship, the cost […]
The trucking industry has dealt with its fair share of ups and downs in 2023, but one aspect that’s been particularly challenging for owner-operators is low freight rates due to less demand. Because of this, knowing how to negotiate better freight rates has never been more important. Running a trucking business is expensive, so it’s […]
