Trucking companies cannot depend on the banking system to provide working capital solutions or trucking business loans. Prior to the coronavirus (COVID-19) outbreak, carriers and brokers had great difficulty getting…
During this period of national crisis, the extreme peaks in demand for capacity combined with a faltering economy have heightened the difficulty of maintaining positive cash flow for truck company…
No matter how much the world changes around us, one thing that remains constant is the need for truckers to know how to find loads to haul. Through freight recessions…
It’s a good thing that truckers are a tough breed as these are certainly tough times we’re in. During the first half of 2019, approximately 640 trucking companies went bankrupt…
If you’ve been in the transportation industry for a while, you’ve heard of factoring. It is far from a new financial service. And there’s a reason it’s been around forever: Freight invoice factoring has maintained…
In the dynamic and fast-paced industry of freight and transportation, maintaining a steady cash flow is crucial for the success and growth of your business. Freight factoring, a financial strategy…
Are you unsure of the deductions available to you as a trucking business owner? Don't worry, we're here to help! We've teamed up with Jim O'Donnell, owner and CEO of…