Trucking and Freight

How To Prep For A Level 1 DOT Inspection

While not the most glamorous part of the job, pulling over for a DOT inspection is part of the job as a truck driver. Your drivers will have to make sure that they are ready to stop along their routes. The DOT does these inspections to make sure that everything is safe and secure. Many […]

Freight Broker Factoring Guide

Freight broker factoring is an excellent way to improve the cash flow of your trucking business. Freight brokers assist shippers by helping them find carriers to haul their freight loads. They serve as the intermediary, communicating with both shippers and carriers to ensure the timely delivery of a load. A freight broker’s profit is the […]

How to Start and Run a Trucking Company

According to statistics, 70% of the freight in the United States is transported using trucks. With this in mind, it is safe to say that a trucking business is one of the businesses with a high possibility of venturing from a startup to a large company within a short time. Unfortunately, as in any other […]

How to Write a Trucking Business Plan

If you have an entrepreneurial spirit and a passion for trucking, you may have considered starting a trucking company. However, owning a business is a challenging task if you don’t have a plan. A business plan can help you define your company’s mission to get investors, loans, partners, and employees interested. You will prove to […]

Requirements for a Driver Qualification File

The commercial motor vehicle industry is associated with big trucks, multiple deliveries, long drives, and rest stops – not mountains of paperwork. However, documents, certifications, and background checks play a crucial role in operating a commercial motor vehicle (CMV) company. Hiring a truck driver involves a lot more than finding someone with a commercial driver’s […]

Guide to Truck Detention: What is a Detention Fee? And How to Determine Yours

Truck detention is something that happens often in the logistics business – it’s common and often unavoidable. However, to make the most of your time and money, there are ways you can plan for detention and minimize detention fees. For freight shippers, understanding truck detention is a critical component to protecting your bottom line and […]

What Is A TWIC Card and Who Needs One?

There can be many forms for new trucking company owners to fill out and certifications to chase down. Knowing what applications and qualifications will best benefit your business can be a challenge. But if your trucking company intends to conduct maritime business, there’s one application your drivers shouldn’t skip. Here’s an explanation of what a […]

How to Get Trucking Authority

Let’s face it — getting trucking authority is never a walk in the park. There is a plethora of online information that can make it hard to keep track of all the required steps. Having your trucking authority means you cut the third player or middleman, which means more significant profit. Even so, how do […]

How Do Freight Brokers Pay Carriers and What Should Carriers Do If They Don’t Get Paid?

The freight broker can be an incredibly helpful part of a carrier’s business model. In the best of cases, they lighten the logistics load of the carrier, thereby increasing productivity, efficiency, and cash flow. In the worst-case scenario, however, the actions of insolvent or bad-acting freight brokers can run a carrier’s business into the ground. […]

Average Trucking Invoice Factoring Rates

Cash flow is the beating heart of every business. When cash flow is poor, your entire business suffers the consequences. As a small business owner (perhaps even a new small business owner), the threat of poor cash flow can undermine every financial decision you make on behalf of your business. If you’re scraping the bottom […]

How Do Freight Brokers Find Shippers and Loads?

Shipping is an interesting and complex industry, which means that independent freight brokers have a lot on their plate. One of the most challenging aspects of freight brokerage is securing shippers or long-term clients. Establishing, maintaining, and growing your customer base requires a reasonable amount of time and dedication. The following guide will help you […]

How to Finance a Trucking Business

With more and more consumers preferring to shop online, the demand for shipping services keeps rising. The trucking industry has been picking pace in recent years, considering that trucks transport 70% of the total domestic freight tonnage. As per recent research, 63% of online shoppers expect their package to arrive in under three days from […]

How to Improve Cash Flow for Your Trucking Company

Most small business owners are acutely aware of the challenges associated with expanding their business. Trucking companies are no exception. It isn’t easy to establish and maintain a trucking business. It takes hard work, business knowledge and quick thinking to succeed. While not all business owners will be successful, those who succeed take the time […]

How To Create Trucking Invoices That Get You Paid

If you own or manage a trucking business, you must have an idea of how much slow-paying customers can affect day-to-day operations. There are many expenses to take care of, such as fuel, fleet maintenance, salaries, etc. If you have a negative cash flow, crucial parts of the business can grind to a halt. But […]

Guide to Freight Factoring for Trucking Companies

Freight companies take a lot of work, and often see gaps in income while waiting for clients to settle up. For many companies, those interruptions in cash flow cause big problems. One possible solution is freight factoring. As an alternate financing option, factoring can help you maintain seamless business operations by streamlining your invoices and […]