Calculating your cost per mile is essential for determining whether you are charging enough for hauling a load. Knowing and understanding how to calculate cost per mile can help ensure you do not lose money. Truck drivers can go out of business if they don't calculate their average cost per mile, which is [...]
Decide what you need Each driver's needs are different, so it is important to figure out what you're looking for before you get started on researching other financing options. Ask yourself these important questions: What type of truck do you need for your commercial trucking business? What loads will [...]
How to Start Your Own Trucking Company in 2023 Starting a trucking company can be an intimidating business operation. But with help from trucking industry experts, it doesn’t need to be. Whether you have been a company truck driver with an established carrier or a new owner-operator, starting a [...]
If you want to start your own trucking company and participate in interstate commerce, you must have an active operating authority. The Federal Motor Carrier Safety Administration (FMCSA) requires you to have an active authority in all states to operate in the trucking industry. There are different types of [...]
What Is the Best Business Structure for Trucking Companies? Trucking companies play a crucial role in the supply chain by transporting products to stores, warehouses or directly to customers. More than 13 million registered trucks transport almost 11.5 billion tons of freight annually. With the increased demand for truck drivers, starting a [...]