Topic: Trucking News
Trucking company financial protection is just as important as scoring high rates per mile every time you haul a load. Building business credit and researching potential customers are also key ingredients to staying successful. Wes Read, Chief Credit Officer for Apex Capital, brings 29 years of credit management experience. He understands how crucial cash flow, cash reserves, credit reporting, building better credit, and staying financially protected are to taking your trucking company from surviving to thriving. He has invaluable advice along with suggestions on tools and research to boost your business. This blog is the ninth in a series with Apex Experts sharing their industry knowledge.
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.
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.
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.
Driving in the middle of a bad storm is dangerous for all motorists – from those steering sedans to those navigating SUVs. But it’s especially treacherous for truckers. Think about it: Truckers are maneuvering up to 80,000 pounds of steel and rubber through rainstorms, high winds, tornadoes, and blizzards. That means safety tips for truck drivers are super important. There are general safety precautions all truckers should take even if the weather is clear and sunny. In the event of extreme weather, however, truckers have another set of guidelines they should follow.
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?
The process of updating hours of service rules involved multiple steps that required time to complete. Some of those steps included comment periods, a proposal, another comment period, and now we’re in the home stretch. That’s because the FMCSA has announced their final ruling with four major changes to hours of service rules. The final rule is just what it sounds like, it’s the final step in the process of updating HOS. The rule goes into effect 120 days after it is published in the Federal Register. So, what are the four areas being updated? Let’s take a look.
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.