A new report shows freight companies who find themselves reassessing how they do business in 2023 aren’t alone. The global supply chain costs consumers and logistics companies of all sizes…
It goes without saying: 2023 is proving to be a challenging year for trucking companies. Current market conditions – what many call a trucking recession – are diminishing trucking companies'…
It’s a sign of the times – trucking company bankruptcies are on the rise as too many freight carriers, struggling to operate profitably, slide towards insolvency during a prolonged industry…
Amongst all the uncertainty clouding the freight market, one thing is for certain - your fleet’s costs and bills are likely far higher than they were in 2022! Progressive interest…
Fleet efficiency is crucial for achieving operational resilience, driving profitability, and maintaining a competitive advantage in the marketplace. By continuously striving for efficiency improvements, fleets can position themselves for long-term…
A healthy cash flow is one of the most basic indicators of business performance. And while its always important to monitor your cash flow closely, keeping accurate cash flow tracking…
The trucking industry is grappling with rising levels of fraud, worsened by advancements in technology and a soft freight market. Advancement in technology creates both benefits and risks – it…
Freeing up working capital in 2024 can be a challenge. On one hand, inflation and supply chain disruptions are upending predictable sales patterns - on the other, banks are tightening…