Topic: Trucking Info
How Your Trucking Company Can Survive Economic Shifts All industries experience peaks and valleys. That’s the nature of business. One year you’re red hot making money, and the next year you’re cool blue breaking even. The trucking industry isn’t immune…
If you think about October, what are things you think about? Probably cooler weather, pumpkin patches, tailgating, Halloween parties, and gooey candy. Did you know that October is also National Cybersecurity Awareness Month? We know you’re busy thinking about the ways to protect yourself against cold weather, football losses, or Halloween costume malfunctions in October. But let us tell you how to protect your trucking company all year around.
The FMCSA Clearinghouse is a secure online database that will give employers, the FMCSA, State Driver Licensing Agencies (SDLAs), and state law enforcement personnel real-time information about commercial driver’s license (CDL) and commercial learner’s permit (CLP) holders’ drug and alcohol program violations. That includes records of positive drug or alcohol test results as well as test refusals. Also recorded in the Clearinghouse will be a driver’s completed return-to-duty (RTD) process and follow-up testing plan.
You’ve got your auto hauling trucking company set up. You have your “for-hire” authority and you elected auto hauler as your commodity type. You’ve got your car carrier trailer ready to roll. Your insurance policy is signed, sealed, and delivered. You even have a business plan on paper. Now you are ready to make some money. That means you have a whole other set of questions you need answered. While auto hauling can be quite lucrative, at the same time it is also much riskier because of the higher value of your cargo. So, don’t load up on shiny cars just yet. We have the questions floating around in your head. We’re ready to answer them.
Truck parking is a national issue with an estimated 90% of the 3.5 million truck drivers in the US experiencing problems finding designated spaces. According to a study from the US Department of Transportation Federal Highway Administration, “existing demand for truck parking spaces outstripped the available supply.” In other words, there are way more trucks on the road than there are truck parking spaces.
Money, cash, bills, notes, or capital. Call it whatever you want, the cold hard truth is that we all need it. Cash flow keeps the doors of your trucking company open and the freight moving. Cash flow problems are common in the trucking industry, so what are the biggest causes affecting trucking companies? As a freight factoring company, we’ve helped trucking companies solve cash flow problems for nearly 25 years, so let us share some of the biggest causes and give you options to help avoid or solve them.
You’re a good company driver with a solid two-year record of dependability and over-the-road excellence. You’re also the type of person that can’t help but stare lovingly at the truck on the next lane, the one with the 7-car carrier and the neatly stacked array of shiny, colorful vehicles. Well, then you’ve come to the right place. Do you dream of owning your own car hauling business? As a trucker with valuable experience in your back pocket, that dream could certainly be a reality. You already have an advantage from your years of safe driving. And we’re here to help you make that dream come true. So, we put together a checklist that leads you to owning your car hauling company.
Hey Everyone, It’s Hannah and Reghan with Apex Capital. Thanks, so much for joining us, we’re here because some pretty big news broke yesterday when the FMCSA officially published their proposal for hours of service changes. There are five key areas that they’ve focused on and we’re going to break down what those five areas are and then we’ll talk about what you can expect to happen next.
It can be a challenge to remember where you put your keys, let alone the many words, phrases, and acronyms that are used in the transportation industry. Whether you’ve been in the trucking business 10 years or just two, you know that there are many terms to remember. Think of this as your personal trucking dictionary or cheat-sheet to get you through the days when finding your keys is the easiest part. Here are a few common questions, as well as a refresher of 15 trucking words you should know.
Commerical truck insurance is one of the top 3 largest expenses for all trucking companies – whether they are seasoned or startups. Don’t have it? Well, you don’t run legally. Period. But there is a lot of misinformation regarding commercial truck insurance, especially when it comes to planning and pricing. We talked with trucking insurance experts John Mondics, President, and Jonathan Mondics, Vice President, of Plano, Texas-based Mondics Insurance Group, for a two-part series answering top-of-mind questions about factors that affect commercial truck insurance rates.