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How Fuel Cards Can Improve Small Fleet Management Efficiency

2024-11-22T16:58:54+00:00Freight Factoring|

Efficient small fleet management is crucial for success in the competitive transportation industry. One tool that has revolutionized the industry is the fuel card. These specialized cards are designed to streamline fuel purchases and provide valuable data for fleet managers. Unlike credit cards, fuel cards offer specific spending limits and real-time transaction [...]

Navigating Fuel Price Volatility: A Guide for Trucking Companies

2024-07-26T18:59:03+00:00Freight Factoring|

Fuel costs are a critical operational expense for trucking companies and can significantly impact profit margins and overall business sustainability. However, fuel prices are quite volatile, with unpredictable fluctuations impacting budgets and financial planning for many fleets. Understanding how to manage rising fuel costs is essential for profitability and competitiveness. [...]

Dispatching for Owner-Operators — Managing Loads and Building Relationships  

2024-07-12T13:43:33+00:00Freight Factoring|

From filing documentation to communicating with brokers, truck dispatchers complete various tasks that benefit owner-operators. Their unique back-end services allow truck drivers to focus on safely transporting freight. Still, many owner-operators wonder if using a dispatching service is worth it. In this guide, explore how truck dispatching services work and [...]

Best Truck Stops in America

2024-03-08T08:25:59+00:00Freight Factoring|

Truck drivers are responsible for transporting freight across the country. Whether they drive a short distance or complete a multi-day trip, they need time to rest. Truck stops are havens that let busy drivers relax, eat, catch up on sleep or watch movies, among other activities. With so many truck [...]

Semitruck Preventative Maintenance Schedule and Checklist

2024-03-15T13:54:50+00:00Freight Factoring|

Semitrucks carry essential products and supplies across countries. The United States trucking industry is worth over $730 billion, responsible for the majority of freight movement in the country.It's vital to keep trucks in their best condition so they can move freight efficiently. Regular maintenance inspections keep all components functioning properly. A [...]

How to Check if Your DOT Number Is Still Active

2024-12-19T20:47:22+00:00Freight Factoring|

How to Reactivate a DOT Number The Federal Motor Carrier Safety Administration (FMCSA) requires all fleets to have a Department of Transportation (DOT) number to conduct interstate commerce within the United States. This number can become inactive in certain situations, such as letting your insurance expire and forgetting to [...]

Do Truck Drivers Pay for Their Own Fuel?

2024-08-28T21:03:07+00:00Freight Factoring|

If you are interested in starting or working for a trucking business, it's important to know the details surrounding paying for fuel. Company truck drivers do not have to pay for their own gas, while truckers who operate in different capacities, like owner-operators, often pay out of pocket. However, [...]

Freight Contract Rates vs. Spot Rates

2023-10-18T14:04:14+00:00Freight Factoring, Trucking Business Success, Trucking Company, Trucking Contracts, Trucking Industry News|

As trucking businesses plan out their year, logistics and supply chain demands significantly impact their revenue streams and bottom lines. Smaller and medium-sized companies are especially affected by their decisions to take part in the spot freight market or negotiate agreements for longer-term contract rates. While both options have [...]

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