The cost to keep your truck operating is the single most important financial calculation you can do for your trucking business. But it’s something that a lot of drivers and owner-operators don’t track. If you’ve never tracked your cost per mile, you may be relieved to know you don’t need accounting software to do it.
Backhaul trucking is a great way for truckers and fleet owners to make money on return trips while providing shippers with another opportunity to move their products where they need to go. But what is backhaul trucking, and how can you find backhaul loads and improve your backhaul strategy? Here’s what you need to know.
As a carrier or owner-operator, rate negotiations can be frustrating. It takes valuable time and energy to come to an agreement that works for both you and the broker. But knowing how to negotiate freight rates or load rates is critical to a successful business. Good rates mean more money in your pocket and a
One of the most significant issues for any small business is cash flow. Most clients you haul for pay your outstanding invoices 30, 60, or even 90 days later. In the meantime, you still have expenses to continue to run your company. Some daily and monthly expenses like fuel, maintenance, and insurance can’t be put
No matter how much you might love being on the road, very few people get into a career without the expectation of making money. What is the average annual truck driver salary? As it turns out, the differences in truck driver salaries can be immense. How much you make each year depends on various factors,
Refrigerated trucking companies provide a valuable service for our country. By transporting fresh produce, groceries, medical supplies, and other temperature-sensitive goods, refrigerated trucks allow stores to keep their shelves stocked for consumers. A significant percentage of the trucks you see on the highway are refrigerated trucks (AKA reefer trucks). What is refrigerated trucking? Refrigerated trucking
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, whether
The question of whether a dry van or a reefer is best depends a lot on the lanes you work in and the type of cargo you carry. There are fewer than a quarter as many reefers on the road in the United States compared to dry vans, specifically, 400,000 reefers and 1.7 million dry
Owner-operators can make good money, averaging more than $221,000 per year. But that’s calculated before the essential owner-operator expenses that are a necessary part of running a successful business. Truck driver expenses fall into several different categories, and managing them is vital to your success. Here’s what you need to know to accurately calculate your
