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

Topic: Trucking Business

Freight Fraud
The more we exchange money electronically, whether it be through purchasing goods or conducting business with associates, the more vulnerable we all are to fraud. It is no different for freight carriers, especially small to medium sized trucking companies and owner-operators. According to FreightWaves, freight fraud costs the industry more than $100 million each year. Carriers are the first line of defense because by the time load paperwork reaches the factoring company, that carrier may already have been the victim of fraud. We put together a list of red flag signs of freight fraud and we highlighted tools and services we have at Apex Capital to help arm carriers before they haul a load.
November 30, 2022
Jennifer Letson
Trucking companies rely on lucrative loads to survive, naturally. But the difference between surviving and thriving lies in the strength of the back-office operations. Jennifer Lance, Chief Operations Officer for Apex Capital, brings 22 years of experience in day-to-day operations. She knows how to keep the internal machine oiled and cranking, from keeping employees happy and files organized to staying abreast of the latest industry technology and keeping processes managed. She shares invaluable advice that can help all trucking companies thrive. This blog is the eighth in a series with Apex Experts sharing their industry knowledge.
October 21, 2022
The trucking industry provides essential services for consumers and companies around the world. As a crucial part of manufacturing and transportation, trucks transport large quantities of raw materials and finished products across long distances. With over 70% of American goods…
September 9, 2022
2023 Apex Client Calendar
The votes are counted. The results are in. We have a cover winner for the 2023 Apex Client Calendar. We also have a dozen finalists and two honorable mentions. All those truck beauties will be proudly displayed in the 2023 installment of our annual calendar. Are you ready to learn which rigs will be our newest calendar models?
August 9, 2022
Patty Fritz
Trucking company success certainly relies heavily on fast cash flow and big-money loads. But just as important is having a a good team of people working together with the same vision and goals in mind. Patty Fritz, Chief People Officer for Apex Capital, brings 30 years of experience in human resources. She knows the difference between a boss and a leader, recruiting versus hiring, and all the benefits that keep team members happy. She shares tips on how to make the most of your company culture. This blog is the sixth in a series with Apex Experts sharing their industry knowledge.
July 28, 2022
Chris Courts
Fuel cards are great, but they should do more for your trucking company than just provide a few cents off each gallon of diesel. The TCS Fuel Card offers clients – from large fleets to independent owner-operators – a complete fuel management system. Chris Courts, President and Managing Director for TCS Fuel, a wholly owned subsidiary of Apex Capital, brings 25-plus years of experience and expertise in the fuel card industry. He knows all you need to know about fees, fraud, and discounts at the pump. Now he’s sharing that fuel card wisdom with you. This blog is the fifth in a series with Apex Experts sharing their industry knowledge.
July 12, 2022
How Marketing Your Brand Grows Your Trucking Company
Running your trucking business every day is a necessity. But so is growing it successfully through building your brand. And the best part is you don’t need a whole lot of marketing dollars to do it. Sherry Leigh, Apex Capital’s Chief Product and Marketing Officer, brings two decades of branding know-how to her role. She understands the power of positioning, branding, and marketing on a trucking company’s success and longevity. She has simple, low-cost marketing solutions for you. This blog is the fourth in a series with Apex Experts sharing their industry knowledge.
June 20, 2022
What is your cost per mile
As a trucker, driving is how you make your money, but it also comes with its costs. Your average cost per mile is one of the most important numbers to calculate and understand for the success of your business. Once…
June 17, 2022
Cash Flow Success Drives Trucking Company Risks and Rewards
Steady cash flow is crucial for all businesses, but it’s especially important for independent trucking companies because they need that continuous revenue to keep hauling and growing successfully. Joseph James, Apex Capital’s Chief Financial Officer, offers more than 20 years of expertise in the finance world. So he understands how small to medium-size, independent trucking companies can balance cash with risks and rewards to help build a robust business. This blog is the third in a series with Apex Experts sharing their industry knowledge with you.
June 9, 2022
Apex Experts: Javier Andrade Helps Trucking Companies Build Profitable Relationships
Strong customer service is a trucking company’s business card. There is no arguing that. Javier Andrade, Apex Capital’s Chief Client Development Officer, tells all small to medium-size, independent trucking company owners and owner-operators exactly why it’s so important to go above and beyond when hauling loads for your customers. He has tips on how to turn one-time customers into repeat business. This blog is the second in a series with Apex Experts sharing their industry knowledge with you.
May 23, 2022