Recent Articles
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, or
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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 help
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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 factoring
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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 (reefer
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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 well
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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 maximize
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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. Take
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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 idea
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Power Only Trucking
If you’re in the trucking business, you may have heard of power-only trucking. But exactly what does power only mean? Power-only trucking happens when a trucking company provides only a driver and a tractor. The trailer is provided by the shipper, a third-party logistics company, or, sometimes, through a lease option. In some cases, the
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How to Calculate (& Find) the Best Truck Freight Rates
Calculating the best truck freight rates can be complex. While you need to be competitive, you also need to be profitable. It’s tricky to constantly weigh supply and demand to offer a competitive rate that still makes you money. You need to take into account your fixed costs. These are the expenses you’ll pay every
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3 Ways to Increase Freight Broker Commission
Many freight brokers are paid on commission. To figure out your take-home pay, it’s important to understand how the freight broker commission structure works, and what determines how freight brokers get paid. Freight broker commission is calculated on the gross margin (total charged to the shipper minus the amount the carrier is paid) of a booked
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41 Best Truck Driver Tools for 2021
As a truck driver, keeping your truck rolling, keeping yourself and your cargo safe, and finding loads to avoid deadhead miles are some of your top priorities. To do these things, you need to have the right tools handy at a moment’s notice. Here are 41 must-have truck driver tools for 2021 and beyond. 1.
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