Mission Financial Blog
How Inventory Shifts are Impacting Purchase Decisions
When it comes to buying trucks and equipment, the majority of owner-operators prefer the used market, according to Overdrive’s Truck Purchase and Lease Survey. Out of all of the survey’s respondents, 56% of them reported buying used trucks, 32% bought new, and less...
2022 Walcott Truckers Jamboree: Recap
Photo Credit: Iowa80truckstop An Interview with Charles Smith, Mission Financial Iowa 80 Truckstop, The World’s Largest Truckstop, recently celebrated America’s truck drivers at the 43rd Walcott Truckers Jamboree. Approximately 45,053 drivers attended the event, along...
What Owner-Operators Need to Know About the Inflation Reduction Act
On Tuesday, August 16, President Biden signed the Inflation Reduction Act of 2022 (Act) into law. The Act covers climate issues, taxes, healthcare, and other legislation in one bill, serving as a concise version of the Build Back Better bill. What is the Inflation...
Top 8 Ways to Celebrate Truck Driver Appreciation Week
Truck drivers have been essential to our nation since the end of the 19th Century. They work tirelessly to transport approximately 10 billion tons of freight every year safely, securely, and on time while also keeping our roads safe. We depend on these unsung heroes...
How Does California’s AB5 Affect Truck Drivers?
A Trucker's Guide to Assembly Bill 5 Regardless if you're a California truck driver or not, you've probably heard about the recent employment legislation that could change the entire trucking industry. As of June 30, 2022, Assembly Bill 5 (AB5) is in effect and making...
Top 5 Toughest States for Speeding
Which states are toughest on commercial truck speeding-enforcement? Every year the Commercial Vehicle Safety Alliance (CVSA) of truck-enforcement jurisdictions and other related agencies stage a traffic enforcement event called Operation Safe Driver. In 2020, the...
How to Motivate Young Truck Drivers
What Factors are Most Important to Younger Drivers? In the last few years, the trucking industry has seen a tremendous shortage of drivers. For instance, in 2018, approximately 60,800 drivers left the industry for good. This year, about 84,000 drivers have exited...
Rising Fuel Prices: An Ongoing Problem for Drivers
5 Tips for Conserving Fuel These days, the glowing numbers on gas station signs cause drivers to wince as they pass. What once was affordable for most drivers now costs anywhere between $4 and $6 a gallon in some areas. This surge in fuel prices has become a top...
What to Expect from Amazon Prime Day 2022
Inflation, Labor Shortages, and the Supply Chain Every year, deal seekers prepare for the highly-anticipated sales event, Amazon Prime Day. The retail giant will hold the two-day summer sale on July 12th and 13th and offer significant savings on thousands of products....
What is the COVID HOS Emergency Declaration?
The COVID-19 pandemic changed the way many industries executed their operations and has had a lasting impact that the world still hasn’t been able to shake. In recent years, federal government agencies have declared various guidelines and regulations pertaining to the...
