Mission Financial Blog
The Top Advantages of Commercial Vehicle Leasing for Truckers
Commercial vehicle leasing gives you a straightforward way to get on the road without tying up cash in a costly purchase. You can choose terms that fit your business needs, keep more money for fuel and operations, and return or upgrade equipment at lease end. For...
Leasing Costs Rise as Trucking Market Shifts: What It Means for Owner-Operators
Leasing prices for trucks, trailers, and RVs are climbing, even as rental rates begin to cool. According to the U.S. Bureau of Labor Statistics Producer Price Index (PPI), the leasing price index for truck, trailer, and RV rental and leasing services rose 3.3% year...
Spring Reg Agenda: What Trucking Should Expect in 2025-26
The federal government’s Spring Unified Agenda lays out what’s next for trucking, and the stakes are high. Over the next two years, you may see less red tape in areas like recordkeeping and reporting, but also tougher requirements on safety equipment and registration....
What the New Independent Contractor Rules Mean for Truckers
The trucking industry is facing another shift in 2025. The U.S. Department of Labor (DOL) has stopped enforcing its 2024 independent contractor rule and is moving through rulemaking to replace it. For truckers and small fleet owners, this change could reshape how:...
Tariffs, Inflation, and Regulations: What’s Ahead for Commercial Vehicle Financing
Tariffs on truck parts, rising inflation, and new federal emissions rules are reshaping the commercial vehicle market in 2025. For drivers and small fleet owners, the ripple effects are clear. Financing decisions are becoming more complicated, and the cost of owning...
Why Proactive Risk Management Is Key for Today’s Lenders
Financing is critical for keeping drivers and fleets on the road, and lenders play a central role in making that possible. But with regulations growing more complex and fuel prices swinging unpredictably, lenders can’t afford to take a wait-and-see approach. Proactive...
Cass Transportation Indexes July 2025: Freight Volumes Decline and Tariffs Hit Hard
The July 2025 Cass Freight Index confirms what many drivers have already felt: loads are lighter, costs remain stubborn, and tariffs are reshaping the market. For semi-truck owner-operators, small fleets, and first-time buyers, the combination of weaker volumes and...
Cass Transportation Index Update for May 2025: Freight Volumes Decline
The Cass Freight Index by Cass Information Systems, in partnership with ACT Research, is one of the most reliable barometers for North American freight activity. It tracks monthly data for shipment volumes and expenditures across multiple transportation modes. But the...
Do You Need a CDL to Finance a Semi Truck?
You're ready to expand your trucking business or become an owner-operator. But a critical question arises: do you need a Commercial Driver's License (CDL) to finance a semi-truck? While having a CDL certainly makes the process smoother, it's not always a strict...
How Many Gallons Does a Semi Truck Hold? All You Need to Know About Fuel
Fuel is one of the biggest operating expenses in the trucking industry. This is true whether you're a fleet owner, an independent owner-operator, or just entering the world of commercial trucking. Understanding how fuel works in semi-trucks is crucial for planning...
