Per Progressive’s commercial insurance division, owner-operators in the trucking industry make an average of $141,000 gross per year. That’s a significant increase over the average wage of a driver ($47,130). But, you have to factor in the operating and maintenance …
Have you considered the benefits of a business loan? You want to grow your business, but it seems risky to take out a loan. If you carefully choose your loan terms, a business loan is one of the best ways …
What types of credit cards work at truck stop gas pumps? Most do, but how well they suit your company’s needs will differ. Credit cards with major branding from American Express, MasterCard, and Visa work well at most pumps. Cards …
Your goals in 2022 are to become your own boss. Per the U.S. Bureau of Labor Statistics, the average wage for tractor-trailer truck drivers in 2021 was $22.66 per hour. For owner-operator driver salaries, Indeed reports an average hourly wage …
It’s your goal this year to maximize your loads. You need revenue growth to afford to give your drivers raises and invest more into your trucking company’s growth. What are the best ways to get bigger profits from your loads …
The Biden-Harris Administration created the Trucking Action Plan to help strengthen the U.S. supply chain and trucking industry. The goals are to ensure drivers are getting fair wages and benefits, boost the number of available registered apprenticeships for new truck …
So many people shy away from freight factoring due to the things they hear. With so many myths, it’s hard to decide what’s true and what’s being exaggerated. We’re here to help you better understand the truth behind ten common …
Growing your trucking business is your priority in the new year. You’ve narrowed down your choices to freight factoring or obtaining a line of credit. You’re most familiar with a line of credit, so isn’t that the better option? Not …
Sometimes, you don’t want to wait to get paid. You’ve delivered a company’s merchandise, but you have to wait a month or two for them to pay your invoices. It would help if you had cash now. Urgency is a …
Have you ever stopped to think about how much technology has changed the working world and your personal life? How did trucking companies and brokers find loads and get paid before there was technology to help? Go back about 30 …
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