The 6 Questions A Trucking Business Plan Should Answer
Not sure if your trucking business plan is good enough? Evaluate it based on six simple questions.
-
-
Fuel Cards for Trucking Companies: A Buyer’s Guide for Carriers
Fuel cards are a great way to save money on fuel for your trucking company. With so many options, how do you choose?
-
How To Open A Bank Account For Your Trucking Company
In this article, we’ll discuss why you should have a business bank account, the types of bank accounts available, how to set up an account for your company, as well as what to look out for in a bank.
-
What’s The Best Legal Structure For A New Trucking Business?
If you’re starting a trucking business, it needs a legal structure. Here are the different options and what they mean.
-
Four things To Do If You’ve Been Factoring With CoreFund
The worst of the CoreFund fiasco is over: yesterday (July 28, 2022), the judge in the court case about the factoring company appointed a trustee on behalf of CoreFund Capital. This means there is now an entity that (in theory) could issue releases from UCCs and NOAs, though it will likely take days or weeks…
-
What Does Net 30 Mean In Trucking, And Why Does It Matter?
What does net 30 mean to carriers? Find out here, along with helpful advice on navigating trucking payment terms.
-
What Is A Notice Of Assignment In The Trucking Industry?
Confused by the term “notice of assignment” in the trucking industry? It’s simpler than you think. Here’s what you need to know.
-
What Is Factoring In Trucking? A Factoring FAQ
Factoring can get your invoices paid a lot faster. But what is factoring in the trucking industry in particular? Find out in this detailed FAQ.
-
Owner-Operator Vs. Company Driver: Comparing Pros & Cons
Should you make your way in the trucking industry as an owner-operator or as a company driver? Learn some of the pros and cons of each.
-
Low Down Payment Semi Trucks: A Path Toward Purchase
We won’t sugarcoat it: Purchasing a semi truck is a heavy financial lift. Don’t expect to buy new for less than $100,000—and depending on the features you need, the price will probably be a lot higher. Even with lender financing, you’ll need a down payment that could range from 10% all the way up to…
-
How Many Miles Do Semi Trucks Last? (& More Trucking FAQs)
Semi trucks and tankers are both significant investments. A new power unit costs at least $100,000, and very likely more, depending on the build. Online trucking dealer Commercial Truck Trader sells new tanker trailers in the $70,000 range—and as we publish, a complete 2019 Freightliner fuel tanker truck was listed, with tax, at $227,109. Before…
-
7 Easy Ways To Manage (And Avoid) Fleet Downtime
Fleet downtime is a significant cost for trucking businesses. Here are a few ways to keep downtime to a minimum.
