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Industry News

Stay up to date on the latest news in the commercial trucking industry.

5 Things Owner/Operators Should Do to Achieve Success

Trucking is an expansive and flourishing occupation—and it’s one of the industries that hasn’t slowed down during the current COVID-19 crisis. Companies and essential businesses turned to trucking, heavily relying on owners/operators to deliver their much-needed...

Pros and Cons of Employer-Paid CDL Training

Believe it or not, it’s both legal and entirely feasible for anyone in the U.S. to receive a Class A Commercial Driver’s License without any help from a private trucking school. This information can be hard to come by, however, as there are dozens of private trucking...

Tax Update for Owner Operators and Fleet Owners

IRS Brings Back Form 1099-NEC The IRS form known as 1099-NEC is returning for the 2020 tax year. The 1099 form has been in use for a long time—it’s the tax form used for independent contractors to report their taxable income. The NEC variant hasn’t always been in use,...

An Owner/Operator’s Guide to Financing During a Pandemic

A lot of things are up in the air in light of the COVID-19 pandemic. If your business had just decided to put money down on future investments, or didn’t have much squirreled away to begin with, it can be difficult to trust the market to keep your business going...

How the Payroll Protection Program is Helping Truckers

Photo Credit: Yahoo The Payroll Protection Program (PPP) is a form of federal relief that was provided to cash-starved small businesses as a response to the economic troubles caused by the COVID-19 pandemic. When the federal government signed the CARES Act into effect...

Improving Fulfillment Efficiency During the Pandemic

For over a year now, online shopping has accounted for more retail purchases than those in traditional brick and mortar stores. From even that point of dominance, there are some reports that online shopping surged as much as 248% at the end of May. That’s drastically...

Will COVID-19 Eliminate the National Driver Shortage?

We’ve been seeing a great level of support across the country for truckers who have been putting their lives on the line to keep essential items on the move throughout the COVID-19 pandemic. The White House has made trucking one of its top priorities, offering...

The Importance of Innovative Technology During the Pandemic

Why Truckers Needs Digital Tools Now More Than Ever   Whether you’re a semi-truck owner/operator currently helping to move supplies in America or a logistics expert managing a fleet of trucks, it’s important to be aware of the technology that’s available to help...

Why Walmart is Hiring a Surge of New Drivers

According to a press release by shopping giant Walmart, the company is expanding their truck driver positions by 500 this year, mainly on the West and East Coast. This is great news for truck drivers in general, but it’s still unclear as to whether increased hiring is...

How the CARES Act Will Impact Fleets and Owner Operators

On March 27, 2020 President Trump signed the Coronavirus Aid, Relief, and Economic Security Act. The CARES Act, as it’s commonly known, is a $2 trillion bill that offers financial support to unemployed persons, small businesses, and large businesses in particular. But...

How the Coronavirus is Affecting the Freight Industry

What Truck Drivers Should Expect This Spring As the Coronavirus Spreads  The infection rate of Coronavirus, also known as COVID-19, is continuing to increase in countries around the world. Some experts claim that America’s trajectory of infection is in-line with...

New Infrastructure Investment May Benefit Trucking Industry

The President released his proposed federal budget for the 2021 fiscal year on February 10. The proposal titled “A Budget for America’s Future” has allocated $1 trillion of its $4.8 trillion total budget to infrastructure, and a great deal of that should positively...

Retail Delivery in the Age of Amazon

Amazon’s got a new fleet of vehicles, and now it needs drivers to operate them. The company has been expanding rapidly when it comes to their delivery assets. Here’s your guide for understanding what the retail giant has done to meet its massive delivery needs, and...

New Environmental Law Impacting California Truckers

California is doubling down on its efforts to get older trucks off the road. The California Air Review Board (CARB) has been a formidable force in truck and bus regulation in the state, setting a strict set of laws that took effect in 2012, which most notably, set...

Used Semi-Truck Sales Down in 2020

How Dealerships Can Boost Their Semi-Truck Sales If you’re involved with a semi-truck dealership, it might be no surprise to hear that used truck sales are significantly down from trends we’ve seen in previous years. In fact, the ACT reported that as of December, used...

The Impact of Assembly Bill 5 on the Trucking Industry

You may have been hearing the buzz about a new bill that is rocking the transportation industry. Assembly Bill 5 has been a massively controversial development for both carriers and drivers. For years, the trucking industry has made a name for itself as a place where...

How to Succeed as an Owner-Operator

5 Tips for New Semi-Truck Drivers While being the owner-operator for a semi-truck can be hard work, it can be equally as fulfilling. If you’re new to the industry, you may be asking yourself a lot of questions about what success looks like as an owner-operator. First...

What Truckers Can Expect Going into 2020

How New Legislation May Impact the Commercial Trucking Industry As we finish out 2019, we gain some additional insight as to how we can expect the transportation industry to look going into 2020. This year was an especially busy year, with a significant uptick around...

How the Holiday Season Impacts the Trucking Industry

The holiday season is immensely busy for the trucking and transportation industry. With the drastic focus on consumerism that's associated with this time of the year, retail sales soar in preparation for holiday gift-giving. While most people don’t think twice about...

The Top 5 Issues for Drivers in 2019: Part 1

While conditions for drivers are constantly improving, there is still a variety of nuisances that have yet to be worked out. While it can be profitable and fulfilling, being a commercial truck driver is still a demanding and difficult job with its own set of hurdles....

Keeping Semi-Truck Operating Costs Low

Trucking can be an expensive ordeal. This is especially true when you own or lease your own semi instead of driving a company-owned truck. Not only is the upfront cost expensive (hovering around $150,000), but the maintenance and annual expenses also pile up, usually...

The National Driver Shortage: Finding the Fix

According to industry experts, the United States trucking industry has been experiencing a massive driver shortage. The shortage is causing ripple effects and creating consequences for suppliers, carriers, and drivers alike. While the situation has worsened in recent...

How Much Should Semi-Truck Insurance Actually Cost?

Finding the right insurance can be difficult, as the process can be excessively complex and sometimes confusing. There are many factors to take into consideration when insurance agencies give you a quote; some of them in your control and some of them not. Knowing how...

Self-Driving Semis: The Future of the Trucking Industry

Photo Credit: Wired As artificial intelligence increases in modernity and practicality, its usage increases across all industries and fields, and trucking is no exception. Society is slowly warming up to the idea of self-driving cars, but self-driving semi-trucks is...

Uber Chooses Chicago as Its New Freight Headquarters

  Uber recently announced that it would be funding a new Freight Business Headquarters in Chicago, Illinois. They revealed plans for office space in the famous River District taking up residence in a historic Post Office that has been uninhabited for years, until now....

Pros and Cons of Purchasing a Used Semi-Truck

  There are countless factors to consider when purchasing a semi-truck, and it’s important to carefully consider them all. In the complex and dynamic world of trucking, it’s easy to become overwhelmed with all of the various facets. One of the most important decisions...

DOT Overturns California Trucking Regulations

  California tried to update its trucking laws to more closely resemble a typical work environment but was recently overruled. In an office setting, it’s suggested that employees take frequent breaks to stretch and refocus. Getting up from a desk and getting time away...

Why Military Veterans Should Consider a Career in Trucking

According to the United States Bureau of Transportation Statistics, as of March 2019, trucks traveling between the United States and Canadian borders and between the United States and Mexican borders carried 62.8% of all transborder freight, representing a value of...

Why June is Considered a Pivotal Month for the Spot Market

  2018 was a booming year for the trucking industry’s spot market. A corporate tax cut unleashed a strong demand for all types of freight services, creating tighter capacity, higher volumes, and stronger pricing power throughout the trucking industry. The U.S. tariff...

Top 6 Ways for Fleet Owners to Conserve Fuel

  While you may find the picture above amusing, there’s nothing amusing about spending more money for fuel than you need. Your fuel prices are high enough without them receiving any extra help. While many ways exist for you to lower your fleet’s fuel costs, let’s look...

Retailers Respond to Amazon’s Next-Day Shipping

  Commerce giant Amazon is no stranger to disrupting industries. From its early years of disrupting the book retail industry by making new and used books more accessible than ever, to changing the way people grocery shop with its purchase of Whole Foods, Amazon has...

How Truckers Can Avoid Cargo Theft

  According to SensiGuard’s quarterly cargo theft analysis, cargo theft is on the rise in value and in volume. In Q1 of 2019, 144 cargo thefts were reported across the U.S. These thefts averaged a value of $116,717 per theft, with one theft valuing at over $1 million....

What is a Simple Interest Contract?

  From contracts to complex legal documents, the process of buying a commercial vehicle can quickly become intimidating for any customer. Luckily, there are dealership financing options created to meet the unique needs of the trucking industry and make the process of...

Colleges Begin Launching Commercial Trucking Programs

  Choosing a trucking school is the first big step to starting your career as a commercial driver. You want to make sure you pick a school that will prepare you and deliver the proper training for life on the road. This includes proper accreditation, experienced...

How to Apply for a Semi-Truck Loan

  Now is a great time to enter the commercial trucking industry. With the demand for drivers higher than ever, you can expect job security, great pay, and plenty of stories to tell from your time on the open road. While trucking is an excellent and prevalent career...

What to Consider When Financing a Truck With Bad Credit

  Bad credit can leave people feeling stuck. Without a good credit score, buying a house, a car, or paying for school can feel difficult or even impossible. Additionally, making a big purchase with bad credit can mean you pay more in the long run. In fact, when...

Cass Freight Index Report Remains Optimistic For 2019

  With the start of the new year, the commercial trucking and freight industry faces many obstacles. The trucker deficit continues to increase, and the high tariffs against China are projected to have great implications on exports in many parts of the U.S. However,...

Growing Pains for the Trucking Industry in 2019

  The U.S. is suffering a severe shortage of truck drivers. In fact, the industry is now facing a deficit of over 53,000 qualified truck drivers. Over the next decade, the shortage is projected to skyrocket to 898,000. Actions are being taken around every corner to...

How to Stay Safe in Harsh Winter Conditions

  No matter how much experience a driver has, harsh winter conditions can present a range of challenges on the road. From slick road surfaces to limited visibility, commercial truck drivers have to be ready for anything. Winters in the Northeast and Midwest are...

Staying Healthy On The Road

  Choosing healthy snacks on the road can be a tedious task. From over-processed snacks at truck stops to greasy fast food, finding a healthy snack that also tastes good may seem impossible. However, eating healthy on the road is imperative to living a long, happy...

10 Safety Tips For Overnight Travel

  Overnight drives can be a blessing or a curse. On the plus side, you have the whole road to yourself. You don’t have to worry about traffic holding you up as you pass through cities, and you can go at whatever pace you please. However, overnight drives also mean...

Questions to Ask When Choosing a Trucking School

  So, you’ve decided to become a commercial truck driver, and now it is time to choose a truck driving school. It may be tempting to choose an inexpensive or quick trucking school to get you out on the road as fast and easily as possible, but you have to be careful....

Trucking: No Longer a Man’s World

How Women are Changing the Trucking Industry   Trucking is no easy job. With late nights and operating heavy machinery, truck driving is a demanding career that often has its employees far from home. It has been a male-dominated profession since it began, however,...

Lawmakers Consider Reducing Interstate Driver Age to 18

  If you’ve been on the road for long, you may remember that the driving age for interstate commercial transportation is 21 years old. According to the Department of Motor Vehicles, a potential driver can obtain their commercial driver’s license (CDL) at 18 today, but...

Supreme Court Hears Important Trucking Case

                                                                                                                                                                                                          You don’t often hear about high profile trucking cases gracing the...

Understanding the Cass Freight Index in 2018

So, what is the Cass Freight Index, and how does it affect the daily lives of commercial truck drivers and owner-operators every day? Most people haven’t heard of the Cass Freight Index, but it’s actually directly relevant to the everyday lives of truck drivers across...

The Steps to Obtaining Your CDL

There are many understandable reasons why you may have decided to get your commercial driving license. Having your CDL opens your career options to a wide range of public service professions and prepares you to become a truck driver as an owner-operator or with...

Autonomous Vehicles: What Does it Really Mean?

Autonomous Vehicles: What Does it Really Mean? Autonomous vehicles are on the cutting edge of technology. Vehicles equipped with autonomous capabilities and technology are even available today for regular citizens with the purchasing power. But what about commercial...

A Guide: The Steps of Commercial Vehicle Financing

  “Commercial vehicles” is an umbrella term that includes any large vehicle used for vocational transport or a service. This means dump trucks, box trucks and vans, semi trucks, tractors and even fire trucks. What makes a commercial truck loan unique? Banks commonly...

Easy Steps To Financing A Semi Truck With Bad Credit

A semi truck is a worthwhile investment that has the potential to bring in lots of income. But how can one even think of purchasing a semi truck when they have bad credit? One thing we must first acknowledge is that the credit climate in the semi truck financing world...

Owner Operator Financing Options When You Have Bad Credit

Bad credit – it's the iron bars on your gateway for freedom. Bad credit prevents you from opening credit cards, getting a good deal on your mortgage, and more importantly – bad credit prevents you from securing the loans necessary to fund your business. Whether you're...

Lease Purchase Vs Owner Operator

Many of us either have our names on a lease or on a mortgage and which one we choose will depend on a number of circumstances and considerations. Owner operator commercial truck drivers have similar factors to consider when deciding whether to purchase or lease their...

September 2015 Newsletter

XPO to Buy Con-way for $3 Billion XPO Logistics said it has agreed to acquire Con-way Inc. for $3 billion to broaden its supply chain offerings into less-than-truckload and U.S. truckload freight and create a company with annual revenue of $15 billion. Spot Van,...

How Much Money Can I Make As An Owner Operator

  Average Per Mile For Independent Truck Drivers Finally being able to buy your own truck and become an owner-operator rather than working for someone else is a dream come true for most people in the transportation industry. However, with being your own boss, setting...

August 2015 Newsletter

Truck Tonnage Jumps 3.7% in July, Hits Second Best-Level Ever Truck tonnage rose 3.7% last month, rebounding to the second-highest level ever with help from improved retail sales, housing starts and factory output, American Trucking Associations reported. National...

July 2015 Newsletter

Truck Orders Down Slightly in June North American Class 8 truck orders fell for the fourth straight month in June, to 19,624 units, according to preliminary data from FTR, keeping with seasonal trends. More Bulldog Hiway Express Brought Into Daseke Family of Carriers...

June 2015 Newsletter

IN THIS ISSUE: Rep. Peter DeFazio Introduces Grow America Act, House Passes Two-Month Highway Trust Fund Patch; Senate’s Turn to Act, Rural America Needs Road, Bridge Overhaul, Report Says.

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