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Hour of Service Rules
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.
September 14, 2020
2021 Apex Client Calendar
Daniel Cortez, owner of Louisiana-based Danco Transport, thought the visual appeal of a big truck and a little truck would make for a great photo to enter in the 2021 Apex Capital Client Calendar contest. He was right. Danco Transport won the coveted cover spot of the 2021 Apex Capital Client Calendar. Cortez also gets to choose which month he wants his rig to represent. Cortez’s winning photo is an undeniable example of creativity and playfulness.
September 4, 2020
The pavement. The wheels. The speed. There is a certain thrill attached to auto racing that only comes from hearing engines roar and watching souped-up cars skid the circular track. At Apex, racing is a pastime and a passion. Our CEO, David Baker, is a veteran driver with a decorated record in the racing circuit. But now there is a new face behind the wheel of the #56 Apex Capital Porsche 911 GT3, which is supported by Topp Racing. Meet Kenny Murillo.
August 26, 2020
1099 Employee
For new trucking company owners, the ramp-up work doesn’t stop once you’ve paid all your startup fees and you have your operating authority. Now it’s time to find yourself drivers. You may certainly decide to be your own company’s driver, in which case you would be a one-person operation. But if you choose to hire truckers to haul your loads, you have decisions to make that go beyond merely seeking a trustworthy driver who can safely transport the goods. Are you looking for an owner-operator, independent contractor, or a company driver? What’s the difference? Why does it matter? Well, let us help you decide and explain what you need to know. So that come tax time you’ll understand what makes them a 1099 or a W-2 employee.
August 18, 2020
fast cash flow
Truckers need to get paid fast after hauling loads. Steady cash flow is crucial to keep a small to medium-sized trucking company in business. The steadier the cash flow, the better the chances for success. Yet most carriers are lucky if they get paid in 30 days for hauling a load. That’s just the nature of the trucking industry. Luckily, today truckers do have a choice. The new blynk™ digital payment system for Apex Capital factoring clients gets trucking companies paid quicker than quick after their freight invoices are purchased. No other factoring company offers this type of payment, so no one pays you FASTER – guaranteed!
July 30, 2020
safety tips for truck 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.
July 21, 2020
National Pandemic
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?
June 2, 2020
Hours of Service
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.
May 21, 2020
electronic payments in trucking
Truckers need to get paid faster, especially during these trying times. That means electronic payments, because paper checks are rapidly becoming a relic in today’s world of instant gratification and fast-moving money. The new blynk™ digital payment system from Apex Capital Corp allows Apex factoring clients to get paid in minutes with speed, ease, and security after their freight invoices are processed. This makes Apex Capital the first factoring company to offer this type of proprietary payment service to clients.
April 20, 2020
blynk™
We want fast. Sometimes fast isn’t fast enough, so we choose faster. That’s today’s society, gratification is expected at the speed of a click. In trucking, where most carriers are lucky if they get paid in 30 days for hauling a load, having that money super-fast is a necessity instead of a luxury. Because steady cash flow keeps a small to medium-sized trucking company in business, not to mention helps it grow. Today, truckers do have a choice. They can choose to get paid fast with a quick pay or the new blynk™ digital payment system for Apex Capital factoring clients. Confused about quick pay and blynk™? Let’s look at both and clear the air.
April 8, 2020