According to a May 31, 2024 snapshot of the Federal Motor Carrier Safety Administration’s (FMCSA’s) carrier registration statistics, there are more than two million trucking companies in the U.S. Many of these carriers use factoring to receive payment for their delivered loads. This helps them manage their cash flow and avoid the pain of having to […]
Many owner operators or small trucking companies find it difficult to decide if they should do the dispatch themselves or engage a truck dispatch service company to manage the dispatch of their trucks. In the article, we will evaluate the advantages and disadvantages of both options, to help owner operators and small trucking companies make the right […]
Shipments don’t always go as they should, and your logistics costs can rise. When you have to cancel a pickup or delivery, you need to know the consequences and how to deal with them. Let’s face it, sometimes stuff happens. Extra fees such as TONU charges can undermine your profitability. In this article, we’ll look […]
Understanding IFTA (International Fuel Tax Agreement) What is IFTA (International Fuel Tax Agreement)? IFTA, or the International Fuel Tax Agreement, is an agreement between the lower 48 states of the United States and 10 provinces of Canada, aiming to simplify the reporting of fuel use by motor carriers operating in more than one jurisdiction. […]
