Trucking companies and consumers alike have been dealing with the harsh new realities of inflation. There are many reasons why inflation is rising. From rising wages to supply chain woes, you can basically pick a reason why prices have been skyrocketing. And just like many other industries and individuals, trucking companies are increasingly feeling the … Read moreHow Inflation and War Impacts the Trucking Industry
That’s a lot of freight! But we shouldn’t be surprised. The movement of freight around the world is a big deal. The trucking industry is a big deal. We wouldn’t have the smooth movement of commerce that we currently do without it. And yet, the trucking industry and trucking companies are separate from freight brokers, … Read moreWhat are Freight Brokers, Freight Forwarders, and Freight Factoring?
Logistics costs make up a huge part of many trucking companies’ total operating expenses. These costs can often represent 10% or more of total overhead costs. Yet, few fleets can say for sure their shipping-related expenses are competitive and market-appropriate when compared to other trucking companies that operate in their industry or who utilize similar … Read moreHow Trucking Companies Can Manage Their Data Logistics
Welcome to the final article in our series looking at fleet utilization. In our first two articles, we took an in-depth look at the different metrics and methods fleets should use to figure out their proper fleet utilization. Today, we will take a deep dive into the different ways fleets can conduct a fleet utilization … Read moreHow to Properly Conduct a Study Regarding Your Fleet’s Utilization Metrics
Welcome back to Part II of our in-depth look at fleet utilization. Today, we will have a closer look at the basic information belonging to the quantity class, owners’ locations, and basic attributes. We talked about vehicle quantity in our last post, but it is not as straightforward as it may seem. Let’s dive right … Read moreAn In-Depth Look at Fleet Utilization – Part II
Running a fleet of vehicles is one of the largest overhead costs for many businesses. Vehicles require both time and money – they must be serviced and maintained regularly and managed effectively. And then there are the drivers, who need license checks, risk assessments and training, as well as a host of other administration tasks … Read moreHow Outsourced Preventative Maintenance Saves Trucking Companies Time and Money
Having a right-sized fleet should be a top concern for any trucking company, large or small. Whether you are a small last-mile delivery company with 12 vans or a large government, utility, or commercial enterprise with thousands of trucks, understanding and managing fleet utilization should be a top-of-mind thing that is at the core of … Read moreAn In-Depth Look at Proper Fleet Utilization: Part I
Can you believe the first quarter of 2022 is already almost over? Wow, what a year it has been already. We came out of a global pandemic and into a supply chain crunch and land war in Europe. Can we catch a break? That’s why smart fleet managers pay close attention to the latest in … Read moreKey Work Truck Trends to Watch for in The Second Half of 2022