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Look at any number of surveys asking trucking companies what their number one concern is and they will tell you: Fuel Costs. This paradigm takes an even greater significance as we move into an environment of geopolitical turmoil and rising fuel costs. With so much uncertainty in the marketplace, one can only wonder where fuel … Read more
Can you believe that we are already in the latter half of 2018? Each year seems to fly by faster than the last and it is hard to keep up with the changes. Even as the trucking regulatory and technological landscape shifts beneath our feet, it is more important than ever that motor carriers keep … Read more
Some are beginning to openly wonder: Will soaring truck costs drive an increase in inflation? Consider the fundamentals behind this argument. We are currently operating in one of the tightest trucking markets in recent history. The overall increase in freight demand has been stoked by an expanding U.S. economy. The sharp increase in freight costs … Read more
Have you heard? The Trucking Alliance has come out calling for states to begin mandating intrastate ELD use. Also known as the Alliance for Driver Safety & Security, the Trucking Alliance is known for taking interesting stands on particular issues. In this case, they are getting specific about what they think states should do regarding … Read more
It is one of the hottest topics in trucking today: Autonomous and semi-autonomous big rigs. It has been a topic that has gone through a series of ups and down. One day pundits seem breathless about the potential then the next day it still appears many years off. No matter what side you come down … Read more
State governments have been hard at work finding ways to invest in additional parking for truck drivers. Parking for truck drivers is an issue that is consistently at the top of everyone’s mind, yet it rarely gets enough attention as other issues – such as the ELD mandate and truck driver shortage. This is likely … Read more
With the truck driver shortage expected to swell to a net-negative 175,000 truck drivers by 2024, trucking companies have a lot at stake ensuring they are meeting goals, otherwise there simply might not be enough manpower to get our nation’s freight to where it needs to go. Also consider that the average replacement cost for … Read more
Everyone talks about the truck driver shortage, but how about the trailer shortage. There has been a huge surge in demand for Class 5 – 8 trucks, which then created a surge in trailer purchases. While OEMs who bring these products to market enjoy the benefits of a fatter bottom line and increased market share, … Read more
There have been some pretty big movements in Washington D.C. as of late. With trucking advocacy organizations putting increasing pressure on Congress to address the Hours of Service issues in light of the new ELD mandate, it appears lawmakers might finally be spurred into action. This isn’t the only bill that has been introduced to … Read more
Whether you are looking to finance a new trucking company, finance equipment for your yard, or finance invoices, there are many money options available for owner-operators or others looking to become a part of – or expand – the trucking industry footprint. Owners of trucking companies understand how important it is to stay organized, keep … Read more