The popularity of cargo sprinter vans and hot shots has increased significantly in recent years. Sprinter vans and hot shots provide expedited trucking services geared toward the pickup and delivery…
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In this era of low demand and low rates, any trucking company that's not trying to cut expenses and find efficiencies runs the risk of operating at a loss and…
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All trucking companies need reliable access to working capital to support operations. Many fleets typically utilize bank financing to obtain an operating line of credit at the lowest interest rate…
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Intense competition, inflation, low rates, and a host of other adverse conditions are challenging thousands of freight company operations in 2023. If performance levels decline, your finances can become stretched.…
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Rising inflation, interest rate hikes, and lower consumer spending are challenging businesses of all types throughout the U.S economy. Declining financial performance levels and a contracting credit market are forcing…
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A new survey shows businesses’ view of the lending market is shifting as new avenues for fast funding become available. A survey sponsored by Carl Marks Investment bank reveals that…
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Fleet managers are caught between a rock and a hard spot during difficult market conditions affecting the freight market in 2023. The cost of loans, equipment, and facility financing has…
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It’s a sign of the times – trucking company bankruptcies are rising as too many freight carriers, struggling to operate profitably, slide towards insolvency during a prolonged industry slump. If you find…
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