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Mission Financial Blog

How to Retain Your Top Drivers During a Shortage

This past year came with several challenges and transformed the shipping industry in more ways than one. Since July, truckload rates are up 40-50% and rising due to retailers’ attempts to restock their inventory to meet the heightened demand. With these businesses...

Where Did All of the Trucks Go?

Inventory Shortage Continues to Disrupt the Auto Industry The COVID-19 pandemic has affected numerous industries and led to several issues, including a vehicle shortage that has rocked the automotive industry. To combat financial loss due to global shutdowns, dealers...

Post-Pandemic Era for the Freight Industry?

The COVID-19 pandemic will surely go down in history as one of the most chaotic times the world has ever experienced. Essential workers sacrificed their health and stretched themselves thin for the American people, spending many hours away from their homes to meet the...

5 Most Common Truck Problems and Repairs

With the need to meet the ever-increasing "just-in-time" demand for delivery timelines, changing logistics, and sweating the assets in longer life cycles of duty, it's easy to slack on the preventive maintenance schedule.   As an operator, having the best tools in...

What We Can Learn From Amazon Prime Day

Supply Chain Lessons to Remember Amazon Prime Day has become one of the most popular shopping days of the year, growing since its inception in 2015 to rival Black Friday when it comes to money spent and overall excitement among consumers looking for deals. The annual...

How the Gas Shortage has Affected the Trucking Industry

In mid-May, a cyber attack on the Colonial Pipeline shut down fuel delivery to a large part of the Eastern United States. Gas stations across that particular part of the country reported greatly reduced supplies and, in some cases, complete outages of fuel. This...

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