Freight fraud can cause expensive losses and increase downtime, resulting in less revenue and a halt in operations. Over the years, supply chains have recorded losses of billions of dollars due to varying types of freight fraud. To protect your business, learning...
The International Fuel Tax Agreement (IFTA) makes it easier for trucking companies to file their fuel-related tax reports. If your truck travels across states and Canadian provinces, you only have to file a consolidated report in your jurisdiction, instead of...
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 discuss...
Trucking companies and owner-operators are often focused on providing safe and efficient load transportation for their clients. However, learning about the official documents that protect you when you enter a lease agreement is crucial as a business owner. Uniform...
A truck dispatcher supports trucking businesses and owner-operators by bridging the gap between carriers, brokers and clients. They provide administrative support, logistical coordination and rate negotiation services to assist truck drivers from scheduling to...
It's no secret to professional truck drivers that their job requires spend long hours behind the wheel. Prolonged time spent sitting in long-haul trucking affects the driver's body in numerous ways, from sciatic and tailbone pain to back issues and tense...
The trucking industry has historically been overwhelmingly male-dominated, to the point where women feel unwelcome. However, trucking companies are currently facing a severe issue. Due to an aging workforce and demanding job requirements, fewer people are becoming...
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 effectively. ...
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...
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...
Freight factoring offers numerous solutions to the challenges trucking companies face daily. From cashflow management to employee retention and business growth, small and trucking companies and owner-operators can benefit from freight factoring in several...
Selecting the right truck factoring partner is critical to your success. Many freight bill factoring companies are run by bankers who factor for a variety of industries. They don’t understand your business as well as a trucking specialist like FactorLoads, who was...
Don't get roped into a bad deal that could run you out of business. It’s important to do your research before signing a contract with a Factoring Company. The best Factoring Company for you is one that gives you support and freedom with your business choices;...
The United States and Canada share one of the largest borders of any two countries in the world, and naturally, that means a lot of commerce is exchanged between the two. In fact, Canada and the U.S. trade more than $2 billion in goods and services every...
Should you become a truck driver? Many people have asked that question while scanning prospective fields in the job market. Whether you are just now entering the workforce or contemplating a career change, the idea of being a truck driver might come with mixed...
