10 Common Ways Truck Drivers Get Paid
No matter how freeing the open road is, you still have to figure out how to get paid. If you’re new to the trucking industry, you might wonder, “How are truck drivers paid, and how much can I expect to make?” Exactly how much money you’ll earn depends on multiple factors, including your reputation, levelRead More →
Truck Factoring: Everything You Need to Know
What is truck factoring? Being a carrier can lead to a great deal of freedom, especially as an entrepreneur. But one downside of being an owner-operator is getting paid on time. If you’re lucky, you might get paid at the end of a delivery. But more often than not, you end up waiting for yourRead More →
Partial vs. LTL Freight: Which One Should You Choose?
In a perfect world, you want a full trailer of cargo, whether driving state to state or coast to coast. But oftentimes, the freight brokers and shippers you work with might not need 100% of your trailer space for their shipments. Instead, they might opt for either partial truckload (PTL) or less than truckload (LTL)Read More →
Conditional Rating – Are They Strangling Your Carrier?
Your FMCSA review will involve the examination of “factors” determining your compliance with the regulations. The focus point for a satisfactory review is “documentation.” You may have done what you considered to be the necessary steps to comply but if you failed to document your processes, it will not appear to the inspector that youRead More →
Can Volume LTL Work for You?
Whether you’re an owner-operator or oversee a fleet, you might have multiple preferences as a carrier, whether they include full capacity, the best lanes, immediate payment, or others. Good carriers know that flexibility and agility are an important part of success in your business. Sometimes you might need to accept payment after delivery, take less-than-ideal routes, orRead More →
Freight Classification: What It Is & How It Affects Shipping Rates
Whether you are operating just one trailer or a fleet of trucks, you’re part of one of this country’s biggest industries. According to the US Department of Transportation, the U.S. freight market accounts for more than $1.1 trillion of business each year and handles more than 17.7 billion tons of goods. America’s freight haulers helpRead More →
Factoring Agreements: Everything Carriers Need to Know
Whether you’re an owner-operator or you’ve got a fleet of trailers on the road, managing your cash flow can be a challenge. It’s easy to get overwhelmed by paperwork, tracking invoices, and collecting what you’re owed. That’s why many carriers turn to invoice factoring to get paid faster. What is a factoring agreement? A factoringRead More →
Refrigerated Trucking: Pros, Cons, and Best Practices
Refrigerated trucking companies provide a valuable service for our country. By transporting fresh produce, groceries, medical supplies, and other temperature-sensitive goods, refrigerated trucks make it possible for stores to keep their shelves stocked and consumers to buy what they want. A significant percentage of the trucks you see on the highway are refrigerated trucks (reeferRead More →
LTL Freight Shipping: What It Is & Tips for Carriers
Not every shipper has enough goods to fill up an entire trailer. That’s where less than truckload (LTL) freight comes in. LTL freight, or freight that fills less than a full truckload, can benefit both shippers and carriers. Shippers pay for the space they use and share costs for transportation with other shippers. Carriers maximizeRead More →
9 Factors That Drive LTL Shipping Rates
Trucks transport more than 11 billion tons of freight each year in the U.S. That is more than 3 million tons shipping every day of the year. While most trailers are hauling full truckloads (FTL), less than truckload (LTL) freight shipping accounts for as much as 10% of industry revenue. LTL freight shipping works wellRead More →
10 Ways to Find (and Book) Truck Loads Online
Being a carrier can be highly rewarding except when you struggle to find truck loads. And, not just any truckloads, but the right ones: those that work with your schedule and in your preferred lanes. The good news is, there are strategies and tools to find profitable jobs that keep you running and expanding. TakeRead More →
Freight Broker Business Plan
As the name implies, a freight broker serves as the link between freight shippers and carriers. As a freight broker, you will receive requests from companies that need goods shipped and match them to carriers for transport. But how do you make that happen? How do you take your freight broker business from an ideaRead More →