Trucking Business Archives | Apex Capital | Freight Factoring for Trucking Companies
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Topic: Trucking Business

Biden's Infrastructure Bill
President Biden recently revealed his $2.3 trillion infrastructure proposal, named the American Jobs Plan, which includes proposed fixes on roads and bridges. There are other details about the plan that could affect the trucking and freight industries. Let’s take a look at what’s in the proposal.
April 6, 2021
CVSA Roadcheck
The Commercial Vehicle Safety Alliance (CVSA) is ready for its 2021 International Roadcheck, which takes place May 4-6. The event, an annual 72-hour road check inspection spree, covers the United States, Canada, and Mexico. It is designed to remind drivers of the importance vehicle maintenance and driver readiness play in the overall safety of our roadways.
March 8, 2021
Hot Shot Trucking Business
Hot shot trucking, like expedited trucking, is all about getting a load delivered in a hurry. There are no hard and fast rules on how far a hot shot trucker goes to deliver a load, as hauls can be anywhere from 50 miles away to across the country. But when you factor in the time constraints and the hot shot trucking requirements, hot shot loads are most often local hauls.
February 12, 2021
Top Blogs of 2020
2020 is a year we will all remember. Before we move into 2021 let’s look at what shaped the year for the trucking industry. We talk about COVID-19, major trucking regulation changes, and our new digital payment system for our clients.
December 14, 2020
drug and alcohol clearinghouse
All carriers and independent owner-operators should mark this date – January 5, 2021. That’s when all carriers and independent owner-operators need to be registered with the Federal Motor Carrier Safety Administration’s (FMCSA) CDL Drug and Alcohol Clearinghouse. It’s also the deadline for running their first query. Failure to register and run a query could result in a fine of $2,500 for non-compliance.
November 17, 2020
Expedited Trucking
The name says it all: Expedited trucking is all about rush transportation of goods. And we’re talking goods that may also need to be handled delicately and can’t be transferred from vehicle to vehicle. So, think nuclear plant parts. Think laboratory specimens. Think pharmaceuticals. Or think cups for Sturgis. Apex factoring client Rick Metzing, president of Fort Worth-based R&J Logistical Division Inc, an expedite trucking company, hauls a variety of cargo that needs to get there – fast.
October 28, 2020
Hour of Service Rules
If you were going to pick one thing that has been consistent throughout this year, what would you say? We’re going to say it’s been changes – a lot of them, both big and small! Luckily, trucking companies and their truck drivers are resilient and find ways of adapting to these ever-changing times. That’s why with a little bit of preparation the upcoming Hours of Service (HOS) final rules change doesn’t have to be a big deal. We’ve got a few tips and resources to help make this transition easy on you and your drivers.
September 14, 2020
1099 Employee
For new trucking company owners, the ramp-up work doesn’t stop once you’ve paid all your startup fees and you have your operating authority. Now it’s time to find yourself drivers. You may certainly decide to be your own company’s driver, in which case you would be a one-person operation. But if you choose to hire truckers to haul your loads, you have decisions to make that go beyond merely seeking a trustworthy driver who can safely transport the goods. Are you looking for an owner-operator, independent contractor, or a company driver? What’s the difference? Why does it matter? Well, let us help you decide and explain what you need to know. So that come tax time you’ll understand what makes them a 1099 or a W-2 employee.
August 18, 2020
fast cash flow
Truckers need to get paid fast after hauling loads. Steady cash flow is crucial to keep a small to medium-sized trucking company in business. The steadier the cash flow, the better the chances for success. Yet most carriers are lucky if they get paid in 30 days for hauling a load. That’s just the nature of the trucking industry. Luckily, today truckers do have a choice. The new blynk™ digital payment system for Apex Capital factoring clients gets trucking companies paid quicker than quick after their freight invoices are purchased. No other factoring company offers this type of payment, so no one pays you FASTER – guaranteed!
July 30, 2020
National Pandemic
In the middle of a national pandemic, we all switch to survival mode. We wear masks. We practice social distancing. We make keeping ourselves and our loved ones safe the number-one priority. Truck drivers don’t have the working-from-home luxury during this national health crisis. And a trucking company’s survival depends on delivering the goods that we use daily. But during a national pandemic, those goods may not be moving as quickly and plentifully as usual. So, how can trucking companies keep their businesses going?
June 2, 2020