As a carrier, you want to get paid as soon as possible. You want to get paid to help your business move forward. Unfortunately, this isn’t an instant payment industry. It could be several weeks or over a month before the money from successfully delivered freight comes in. How much can happen with your business… Read more »
It’s Brake Safety Week 2021. The Commercial Vehicle Safety Alliance (CVSA) Brake Safety Week runs from September 22-28th. During this annual event, drivers across the nation are reminded about the importance of stopping to considering the importance of their brake systems. Inspections on trucks are a big deal. A grade of less than 43.5% on… Read more »
The cost of replacing tires on a tractor-trailer can be expensive. If your company budget doesn’t allow for spending thousands of dollars on new tires, retreads are a great option. More than ever retreads are widely available as a cost-effective solution for carriers wanting to get great tires for their fleet on a budget. However,… Read more »
The trucking business is very lucrative with the amount of freight in transport every day. However, it is also incredibly competitive given the many trucking companies that are already established. If you are an up-and-coming trucking company owner, competing with these big fish may seem like a challenge. You don’t have to worry; these five… Read more »
Hurricane season officially began June 1. The National Oceanic and Atmospheric Administration (NOAA) is predicting above normal activity for 2021. However, the activity is expected to be less than last season. NOAA’s projection includes six to ten hurricanes, with three to five of them classified as major. While this information may appear somewhat daunting, there… Read more »
With the passing of Memorial Day, summer is here. While the official mark on the calendar is June 21, hot weather and the pressure of long days in the sun are now upon us. It’s important that you pay attention to the needs of your body and your equipment as summer progresses. Below are a… Read more »
Truck stops began as a location for semi-trucks to have a convenient place to fuel along the main truck lines across the nation. Now, they’ve evolved into full service, driver-centric, homes away from home for hard working drivers. The variety of amenities these modernized truck stops offer are seemingly endless. With all of the offerings… Read more »
Have you ever heard the phrase, “Don’t put all your eggs in one basket?” In the business world, this phrase means you should avoid doing the majority of your business with just one or a few customers. Most credit companies consider your customer concentration when reviewing credit applications. If 25% of your revenue is coming… Read more »
The Commercial Vehicle Safety Alliance (CVSA) is holding its International Road Check May 4-6. During those 72 hours, vehicle inspectors conduct inspections for commercial vehicles throughout the United States, Mexico and Canada. The International Road Check program raises awareness of the North American Standard Inspection program and keeps highways and roads safe. Drivers and carriers… Read more »
Cash is King! Observe any introductory corporate finance course and one will learn that this simple phase is one of the fundamental principles that any business must learn and adhere to. Keep cash on hand to maintain a healthy cash flow. Sounds simple enough, right? Just because a principle like “Cash is King” is easy… Read more »
