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

Factors that Affect Trucking Insurance Rates
Whether you have been in business for years or you are a startup company, you know that trucking insurance is one of the top 3 largest expenses. Like fuel and maintenance, it’s a necessity. You don’t run legally without it. But there is a lot of misinformation regarding trucking insurance, especially when it comes to the planning for insurance and, of course, the pricing of insurance. So, we decided to lighten the load on the heavy topic. With the help of trucking insurance experts John Mondics, President, and Jonathan Mondics, Vice President, of Plano, Texas-based Mondics Insurance Group, we put together a two-part series answering top-of-mind questions about factors that affect commercial truck insurance rates. Part one focuses on the planning stage, the ramp-up to getting a quote and securing insurance.
July 22, 2019
World Records
With so many people in the trucking industry, you can guarantee there are some interesting world records out there. Between impressive equipment, to physical strength and longevity, here are some of our favorite trucking world records and truck drivers who hold world records.
July 15, 2019
aobrd to eld
Electronic Logging Device (ELD) was the buzzword of 2017 and 2018, right? The buzzing about ELDs has lessened a little in 2019, but that’s about to change with the upcoming deadline to switch from AOBRDs to ELDs by December 16, 2019. Love or hate ELDs, they’re here to stay. During the Mid-America Trucking Show (MATS) this year, we sat down with our ELD partner, KeepTruckin (KT), to talk about the AOBRD to ELD switch. Here is what Josh Tobin, Strategic Partner Manager at KeepTruckin, had to say.
July 8, 2019
GATS
Can you believe it? It’s almost time for the Great American Truck Show (GATS) 2019! GATS 2019 gets underway August 22-24 at the Kay Bailey Hutchison Convention Center in Dallas, Texas! GATS is one of our favorite events every year for a lot of reasons. It’s the annual Dallas truck show, so just a stone’s throw away from our home in Fort Worth! GATS is also one of the biggest trucking events every year, so we get to learn, shake hands, see friends, clients, and the entire trucking community. We get to give away some $$$. As one of the nation’s best freight factoring companies , we know cash flow, and we know trucking. That’s why our Blue Cash Crew plans to give away over $2,000 to many lucky GATS attendees found wearing our famous t-shirts!
July 1, 2019
CDL
Are you ready to get your Commercial Driver’s License (CDL)? Trucking provides job security, good pay, good benefits, and great career opportunity. Trucking is a fast-growing industry. Eighty percent of all goods are moved by trucks, and the industry is looking to have a 21% increase by 2020. The median salary of a driver is about $67,000 annually and truck drivers often make more than some college graduates with only a fraction of the tuition and time spent in school. Truck driving school and CDL programs usually take about 7 weeks, which is great news for anyone who wants a trucking career and doesn’t want to spend 4 years in school to get there.
June 17, 2019
Trucking Contracts
We all know what a contract is – a legally binding piece of paper that says I will give you this and you will give me that. We both sign on the dotted line and we’re locked in. But trucking contracts aren’t that cut and dry. In the trucking industry, contracts aren’t always the standard kind. In trucking there are essentially three types of contracts – verbal agreement, paper or digital, and non-compete or non-solicitation.
June 10, 2019
Tweener Freight
Tweener loads minimize deadheading and can make an OTR run even more profitable. That’s exactly when a tweener load becomes a nice, extra money-making idea. That’s also why tweener freight and tweener load are phrases we’re hearing more now in the trucking industry.
May 22, 2019
International Roadcheck
t’s May. That means spring is in full swing, from fresh flowers to strong storms. It also means that June is around the corner and so is the Commercial Vehicle Safety Alliance’s (CVSA) International Roadcheck. Are you ready? This year’s Roadcheck is June 4-6, a 72-hour blitz of commercial motor vehicle inspectors conducting inspections on commercial vehicles and drivers throughout North America.
May 7, 2019
bbb accreditation
The Better Business Bureau (BBB), founded in 1912, remains the standard bearer organization for advancing marketplace trust. The non-profit BBB, which consists of 106 independently incorporated local chapters in the United States and Canada, makes it its mission to accredit businesses that meet and maintain a set of eight standards. What does BBB accreditation mean? The BBB accreditation process is essentially them putting their stamp of approval on a business based on their specific criteria. Why does it matter? Because it lets your potential customers know that your trucking company will be a trustworthy business partner. Think of it as a glowing business green light.
April 30, 2019
Hours of Service
During the 2019 Mid-America Trucking Show (MATS), Secretary of Transportation Elaine Chao announced that an advanced notice of proposed rulemaking (ANPRM) on hours of service has officially been filed with the White House’s Office of Management and Budget for approval. Secretary Chao’s announcement at MATS was a big deal, but it’s hard to understand what it all means. We’re no experts when it comes to government regulation processes and we bet you aren’t either. That’s why we’re going to explain what you can expect to see before HOS changes are finalized.
April 17, 2019