Mission Financial Blog
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...
What Is a Commercial Truck? Definition, Types, and Uses
From delivering goods across the country to transporting heavy construction equipment, commercial trucks form the backbone of American commerce. But what exactly is a commercial truck, and how do you decide which type fits your business needs? This guide explores the...
How to Jump-Start a Semi-Truck
Are you a truck driver for a small trucking business or an owner-operator? You’ll face various challenges along the road, and one of them is the dreaded dead truck battery. But learning how to jump-start a semi-truck will give you the confidence you need to deal with...
Semi-Truck vs Full Truck | What Is the Difference?
Trucks are used across almost all industries. In fact, according to the American Trucking Associations, trucks deliver over 80% of all US freight. That makes transporting goods with trucks a good business to be in. If you’re new to the world of trucking, though, you...
May 2025 Driving Data Report: Critical Insights
If you want to know how well your business is doing, compare it to the rest of your industry. If you want to know how well the overall industry is doing, look at the industry data. Just as there is car data, there is also data collected by those in the trucking...
Cass Transportation Index Report
The Cass Transportation Index report is a monthly report on the overall North American freight volumes and expenditures. Thousands subscribe to this report to understand what these measurements mean for their industry. Even the Bureau of Transportation Statistics has...