MATS Brought Trucks, Technology, and Trends to Louisville | Apex Capital Blog

MATS Brought Trucks, Technology, and Trends to Louisville

by Hannah Marcom | April 10, 2018

About MATS

MATS is the place for all things trucking. The truck show is for everyone, but there is a focus on owner-operators and the small to medium-sized fleets. It’s where truck drivers and trucking company owners can get products and services they need and familiarize themselves with emerging trucking trends. In addition, there is the PKY Truck Beauty Contest, fleet maintenance available on trucks while you’re at the show, concerts and entertainment, and 17 informational seminars. MATS had something for everybody.

MATS the Apex Way

As a full-service factoring company, we offer so many products and services that we need a big crew to talk about all of them. Our transportation experts were there to answer questions about freight factoring, the Apex Startup Program, the Apex Fuel Card Program, and our free load board NextLOAD. We even discussed the importance of checking credit on your customers and encouraged attendees to try our free Mobile Factoring™ app trial account. Anyone can download the app today and receive five free credit checks. Download it on your iPhone or Android.

We gave away tons of swag – t-shirts, pens, portable fans -and we even had treats for our furry friends that frequent the truck show floor. We gave away three Apple iPads and 500 NextLOAD hats. We also, of course, brought along the Apex Porsche race car. When we attend these shows, we like to do it the only way we know how, big and bold. That’s the Apex way.

What We Learned at MATS

The common theme for this year was technology. Technology has infiltrated the trucking industry with the arrival of ELDs, autonomous vehicles, and digital freight brokers. According to Transport Topics, ELDs had a particularly strong presence at MATS with multiple companies exhibiting. The timing of MATS was just one week prior to the ELD enforcement mandate of April 1, which could have contributed to its popularity.

We attended a handful of MATS seminars. The one that interested us most was a seminar with the Federal Motor Carrier Safety Administration (FMCSA) Administrator, Raymond Martinez, and FMCSA Director of Enforcement and Compliance, Joe Lorenzo. The focus of this listening session was to talk about the pain points of the trucking industry and determine where improvements can be made. They mentioned making changes to the hours-of-service (HOS) rules, truck parking, detention, and training and education for drivers. We will continue to be on the lookout for these changes in 2018. Since returning from MATS there has already been some forward momentum for the HOS regulations changing.

Our biggest takeaway from MATS is always the same. We return from MATS fired up because of the great people and companies we meet. We love working in the trucking industry and providing a fast cashflow solution to trucking companies. If you’re interested in factoring your freight bills with a full-service factoring company, call us at (855)-369-2739 or get started here.

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Hannah Marcom