Topic: Trucking Business
During the global COVID-19 crisis, the news and updates change rapidly. Carriers and truckers are extra busy right now, making it nearly impossible to keep up. Early last week, we started documenting updates that would impact carriers and truckers, including FMCSA announcements, truck parking situations, and more. As the crisis continues, we know truckers are looking for solid information on what’s open, what’s changing, and where to go to make sure they stay compliant and get the aid they need. Here are some resources to help you stay up to date.
We’ve said it before, and we’ll say it again and again. Truckers are the lifeline of our economy. We are so proud to be able to work with and support so many carriers that provide essential goods and services to the country. During the COVID-19 or Corona Virus emergency, grocery stores are in constant need of replenishment and health care facilities needing more supplies. Truckers are the solution to those needs and are working harder (and safer) than ever. For that, we are all so thankful! News surrounding COVID-19 changes fast. We will try to keep you updated on major announcements concerning trucking and transportation
When you run any business, especially a trucking company, you spend money to make money. Running a trucking company and managing a fleet, whether it’s one truck or 100, comes with fixed and variable expenses. Planning and budgeting are key, but so is knowing when to save and when to spend.
A trucker’s office isn’t a desk in a cubicle. It’s a moving 18-wheeler that weighs about 35,000 pounds and rolls up and down the highways. And when truckers are off-duty, they can’t put out an “on break” sign. So, what do they do when they are driving the truck, but they are off the clock? That’s where personal conveyance comes in. The Federal Motor Carrier Safety Administration (FMCSA) defines personal conveyance as “an off-duty status. There are no impacts to the 11- or 14-hour limitations for truck drivers, the 10- or 15-hour limitations for bus drivers, the 60/70-hour limitations, the 34-hour restart provisions, or any other off-duty status.”
TWIC stands for Transportation Worker Identification Credential. This federal ID card is required by the Maritime Transportation Security Act for all workers who need access to secure areas of the country’s ports, vessels, and maritime areas. A TWIC card allows transportation professionals (such as truckers) and U.S. Coast Guard to enter and conduct business at ports, government ports, and any other government maritime facility.
As a kid, your parents would tell you, “Get out and meet people. Go make friends.” Then as an adult looking to establish a career, you’re given this advice: “Get out there and shake hands, mingle, network with potential customers and employers.” Truth is we’ve been networking since playing ball in the sand lot with a ragtag team of kids. In today’s business world, networking is as important as ever. That’s especially true if you run a trucking company. Networking is your key to customers, your ticket to lucrative hauling. Company owners are networking every day to steadily grow their trucking businesses. The difference between then and now is there are more networking tools. Is networking still new to you? Or are you still unsure exactly where and how to network? Let’s check out your opportunities to shake hands, mingle, and network.
Welcome to 2020! It’s a new year, a new decade, and there are tons of new opportunities waiting for you and your trucking company. But if you’re planning on continuing to wait the 30, 60, or even 90 days to get your freight bills paid, we can’t help but wonder why? Taking risks is necessary in business but getting paid shouldn’t be one of them. When you’re waiting to get your invoices paid, it creates an imbalance for your trucking company’s cash flow. Your truck drivers need to get paid and your truck still needs fuel. So, if you aren’t getting paid fast where is that money coming from? Credit cards? Cash reserves? That will only work for so long.
Remember the days of CB radio and public pay phones? Now we have cell phones and mobile apps. How about the days of mailing stacks and stacks of invoices so that you can get paid for hauling loads across the country? Now we have email and image capture. The trucking industry has changed in the last decade and technology has been at the forefront of that change. At Apex, we’ve worked diligently to stay proactive instead of reactive, especially when it comes to implementing technological advancements designed to improve efficiency for truckers. Our goal has always been to make the process of getting paid faster for truckers. Meet five Apex experts that have seen more than 10 years of technological changes in the trucking industry. They have stories to tell about the way things were 10 years ago, the way things are today, and thoughts on how things will be tomorrow.
Closing out this decade has certainly been a roller coaster for the freight and trucking industry. After the freight boom of 2018, brokers and carriers saw a dramatic downturn for most of 2019 and unfortunately there were some carriers who didn’t survive it. For the carriers that did make it, learned valuable lessons on how to be prepared for the ups and downs of trucking. This year started out with a list of hot topics to watch in trucking. From changing regulations, technology improvements, to changing marketplaces – we covered it all!
More than 70 percent of goods are being moved by road, so that means truckers are still our lifeline. They bring us what we need to live day to day. And yet, it’s not quite that simple. Most truck loads require negotiation from at least three parties, and they could change hands just as many times – or more. Freight brokers and carriers, as well as shippers, are the major players in the travel itinerary of a load. This is how that load gets from point A to point B and sometimes even to point C. So, let’s trace the life of a load from origin to destination as seen through the perspective of the freight broker and the carrier.