Welcome to 2020! It’s a new year, a new decade, and there are tons of new opportunities waiting for you and your trucking company. But if you’re planning on continuing to wait the 30, 60, or even 90 days to get your freight bills paid, we can’t help but wonder why? Taking risks is necessary in business but getting paid shouldn’t be one of them. When you’re waiting to get your invoices paid, it creates an imbalance for your trucking company’s cash flow. Your truck drivers need to get paid and your truck still needs fuel. So, if you aren’t getting paid fast where is that money coming from? Credit cards? Cash reserves? That will only work for so long.
Remember the days of CB radio and public pay phones? Now we have cell phones and mobile apps. How about the days of mailing stacks and stacks of invoices so that you can get paid for hauling loads across the country? Now we have email and image capture. The trucking industry has changed in the last decade and technology has been at the forefront of that change. At Apex, we’ve worked diligently to stay proactive instead of reactive, especially when it comes to implementing technological advancements designed to improve efficiency for truckers. Our goal has always been to make the process of getting paid faster for truckers. Meet five Apex experts that have seen more than 10 years of technological changes in the trucking industry. They have stories to tell about the way things were 10 years ago, the way things are today, and thoughts on how things will be tomorrow.
Closing out this decade has certainly been a roller coaster for the freight and trucking industry. After the freight boom of 2018, brokers and carriers saw a dramatic downturn for most of 2019 and unfortunately there were some carriers who didn’t survive it. For the carriers that did make it, learned valuable lessons on how to be prepared for the ups and downs of trucking. This year started out with a list of hot topics to watch in trucking. From changing regulations, technology improvements, to changing marketplaces – we covered it all!
More than 70 percent of goods are being moved by road, so that means truckers are still our lifeline. They bring us what we need to live day to day. And yet, it’s not quite that simple. Most truck loads require negotiation from at least three parties, and they could change hands just as many times – or more. Freight brokers and carriers, as well as shippers, are the major players in the travel itinerary of a load. This is how that load gets from point A to point B and sometimes even to point C. So, let’s trace the life of a load from origin to destination as seen through the perspective of the freight broker and the carrier.
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…
All of us at Apex are super excited to announce that we are golden – again! For the second consecutive year we received a Gold Level Workplace Health Achievement Index Recognition from the American Heart Association (AHA). That means we are still quite healthy. In fact, we had 92% participation in our most recent health screenings, and we always encourage employees to include their spouses in the health screenings.
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.