When you are just starting out in the trucking business, it can be difficult to determine which connections are worthwhile for success. Many industry professionals claim they can help you see payments quickly, but are there drawbacks? In this article, we'll...
Successfully managing a trucking company takes work. Having a guide to follow can give you more value, from increased profits to enhanced employee retention. Here are a few areas to focus on so you can manage your trucking business operations more...
When you assign your receivables to a factoring company in the trucking industry, you agree that your client payments go directly to the factor. The factor ensures that you are paid for each freight you deliver and on signing, they send your clients a notice of...
In the trucking industry, a lumper is an individual who loads or unloads cargo from a truck once it arrives at a warehouse. Freight brokers, carriers, shipping companies or warehouses often use a third party to hire lumpers. Hiring lumpers makes things easier for...
Freight fraud can cause expensive losses and increase your downtime, resulting in less revenue and a halt in your operations. At FactorLoad, we advocate for small to medium-sized trucking companies and can provide client education that helps protect...
Your trucking insurance protects your assets and impacts your bottom line. Understanding truck insurance rates and how to make your policy work for you can help minimize costs while ensuring you remain protected. Factors Influencing Owner-Operator and Truckers'...
If you're in the trucking business, there's a good chance you've come across the concept of freight factoring. One of the primary benefits of freight factoring is that it allows you to maximize your operation's cash flow by getting paid immediately, eliminating the...
Fuel is one of the most significant overhead expenses for small trucking fleets and owner-operators. Many companies face budget challenges with today's fluctuating diesel prices, especially for long-haul drivers who fill up frequently. In addition, smaller...
Running freight involves keeping track of a lot of logistics. You could want to take advantage of helpful services such as truck factoring to help. Here are some answers to common questions about trucking factoring. Factoring Basics FAQs It's important...
Your business spends time and money training new drivers to become the valuable personnel you need. Keeping those experienced drivers on board will help you maintain high productivity and reduce hiring expenses. An investment in driver retention is an investment in...
