trucking business Archives - Page 2 of 3

03/15/2022

Recourse vs. Non-Recourse Factoring

Invoice factoring is the practice of “selling” your invoices, or accounts receivables, to a company that then pays you right away for that invoice, minus a fee. This helps you increase cash flow to pay bills, finance operations, take on new business, and handle business expenses as they come up. Factoring companies may also handle

02/10/2022

10 Steps to Create a Trucking Business Plan

In his book Bounce Back: Survive and Thrive in a Business Crisis, author and long-time business broker Richard Mowrey advises: “Never operate your business without a written business plan.” If you have your own trucking business, even as an independent owner-operator, you need a business plan just like any other small business. If you’re like

01/26/2022

Freight Broker Salary: How Much Do Brokers Make Each Year?

Unlike many salaried jobs in the United States, freight broker income is harder to determine. That’s because there are several ways a freight broker can be employed and get paid. The location also has a huge impact on freight broker salary. Looking online, freight brokers have a salary range from $42,926 (payscale.com) to $93,618 per

01/20/2022

17 Steps to Start a Hotshot Trucking Business

How do you start a hot shot trucking business? Here are 15 steps to guide you through the process from start to finish.

11/08/2021

10 steps to start a successful trucking business

How to Start a Successful Trucking Business (14-Step Checklist)

If you want to know how to start a trucking business, chances are you want to work for yourself. Maybe you’re a trucker now and you want to get off the road and have steady income coming in. With more people in the U.S. ordering products online, the shipping and delivery industries are booming. The

11/05/2021

12 Factors That Influence Freight Shipping Costs

Shipping is a multi-layered industry with a lot of variables to take into account. Here are 12 things that affect shipping costs and what they mean to you. In an industry so large, you might think there would be a freight shipping cost standard. But there isn’t one. Because freight shipping costs depend on so

06/18/2021

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, level

03/09/2021

Reefer Freight: What It Is, Pros and Cons

If you’ve been around trucking for a little while now, or even if you’re just starting, you’ve heard the term “reefer freight.” Reefer freight is one of the pillars of the trucking industry. A large percentage of the transport trucks running across the highways are reefer trucks. What is reefer freight? The “reefer” in reefer freight

01/19/2021

6 Best Trucker Trip Planners for 2021

Truckers must accomplish many tasks every single day. They have client deadlines to meet for shipping but must also stay safe on the road, make sure their truck is maintained and operating at peak efficiency, and they must also take time for self-care. That’s where a good trucker trip planner comes in. But creating an