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.
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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.
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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…
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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…
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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.
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Buying Your First Semi Truck: 5 Key Research Questions
What do you need to know before buying your first semi truck? Lots. Here are some questions to guide your research.
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6 Invoice Factoring Risks And How To Manage Them
Like any financial tool, factoring carries certain risks. Here are the invoice factoring risks truckers should watch out for—and ways to avoid them.
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Freight Factoring Contracts: What To Watch For
Find out the details to watch for in any factoring contract—and why it’s usually better to go without any contract at all.
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How To Start An Owner-Operator Trucking Business In 10 Steps
Ready to start driving for yourself? Find out how to start a trucking business as an owner-operator in this comprehensive 10-step guide.
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20 Ways To Improve Trucking Company Profit Margins
Having trouble hitting the goal for your trucking company profit margin? These tips can help, both by cutting costs and boosting revenue.
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Recourse Vs. Non-Recourse Factoring: Which Should Trucking Companies Choose?
The debate over recourse vs. non-recourse factoring continues—but these services aren’t always what they seem. Find out which option is best for you.
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A Simplified Guide To Common Factoring Terms
Struggling with unfamiliar factoring terms? This brief glossary introduces all the factoring terminology you need to know to understand the process.
