Blog for Truckers

trucking industry

Declining Diesel Prices Benefit Trucking Industry

Last week the national average price of diesel fuel hit $3.869 a gallon marking its lowest price since November according to the Department of Energy’s Energy Information Administration. The price change was brought by three consecutive weeks of price drops, culminating in a 2.5 cent drop the week of July 21. This past week’s decline … Read More

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Truck Driver Shortage Continues Despite Improving Economy

As the economy continues to improve, the trucking industry is struggling to meet the increasing driver demands. There simply are not enough American who are properly trained and willing to fill these open truck driver positions. With such a shortage of drivers, trucking companies are forced to turn down loads and certain businesses are suffering … Read More

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Truck Drivers Prepare for ELD Mandate

The initial electronic logging device rule proposed by the Federal Motor Carrier Safety Administration has been finalized and is expected to take effect later this year. The FMCSA mandate will primarily effect trucking companies that still use paper logs to record duty status. It will require all drivers currently keeping paper records of duty status … Read More

Bridge the cash flow gap with factoring

United States Infrastructure Needs Improvement

With the Highway Trust Fund expected to run out this September, Congress has stepped up its efforts to pass laws establishing a new national infrastructure funding program. Secretary of Transportation Anthony Foxx is currently traveling the country on a campaign to promote awareness about the dire need of a new federal infrastructure funding program. If … Read More

Blurred truck driver

Future Trucking Technology Could Change Industry

New trucking technology is sweeping through the industry and it is time for trucking businesses and owner-operators to get prepared. Daimler, the global truck manufacturing company, unveiled its new “driverless” truck last week. The autonomous vehicle is making headway, passing a variety of driving safety tests with better results than real drivers. Though a great … Read More

Multi-colored trucks parked at a rest stop illustrate the benefits of freight invoice factoring for transportation businesses.

Trucking Industry Continues to Grow

The trucking industry gained 3,300 jobs in the month of June while other related industries also showed significant growth, according to the monthly employment report released by the Department of Labor’s Bureau of Labor Statistics. For-hire trucking now has over 1.4 million payroll jobs, up 180,000 from March 2010, the low point in the recent … Read More

Highway and truck

Congress to Vote on Trucking Hours of Service

Since changes were made to the FMSCA’s hours of service regulations 11 months ago, trucking businesses around the country have expressed serious concerns over driver safety and income. Congress plans to settle the dispute over the new regulations with this Thursday’s vote on the Transportation, Housing and Urban Development budget package for the 2015 fiscal … Read More

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