Truck driver tax deductions allow owner-operators and self-employed carriers to reduce taxable income by writing off business expenses like fuel, maintenance, and meals. In 2026, updated IRS rules, including higher per diem rates and expanded deductions, make it even more important to understand what you can legally claim. This [...]
When a broker doesn’t pay, the impact on a trucking company can be immediate and severe. One unpaid invoice can wipe out weeks—or even months—of profit. Most carriers assume that working with a factoring company protects them from this risk. But in many cases, that protection stops the moment [...]
Learn what reefer fuel is, how it impacts refrigerated trucking costs, and tips to manage fuel efficiently for reefer fleets in Birmingham, AL and beyond.
Last updated: March 2026 to reflect current fuel costs and owner-operator expense trends. If you are or want to become an owner-operator, you’re in good company. The average owner-operator’s annual income ranges from $125,000 to $340,000. The United States transportation and material moving industry is expected to grow faster than average through 2032, with about 1.9 million openings yearly. However, an [...]
What Are Hot Shot Rates Per Mile Right Now? Hot shot rates per mile right now typically average around $1.50 per mile, but can range from $1.00 to $3.00+ per mile depending on the load, distance, and urgency. Standard, non-urgent loads often fall between $1.25 and $1.75 per mile, [...]
Diesel Prices Are Climbing — And Trucking Margins Are Feeling the Pressure Fuel costs remain one of the largest operating expenses for trucking companies and owner-operators. When diesel prices surge, profit margins can shrink quickly — especially for carriers running multiple loads each week. Recent data shows national [...]
Acquisition Enhances Freight Factoring and Cash Flow Solutions for Owner-Operators and Growing Trucking Companies Nationwide Birmingham, AL — Porter Freight Funding has completed the acquisition of Integrated Factoring, expanding its freight factoring services for small and family-owned trucking businesses nationwide. This acquisition expands Porter Freight Funding’s freight factoring platform while [...]
Freight factoring vs line of credit — quick answer: The quick answer: Freight factoring turns unpaid load invoices into cash immediately without debt or interest. A line of credit is borrowed capital that involves interest and impacts credit. Trucking companies often get faster access to working capital from factoring. [...]
Learn how the death of cartel leader El Mencho triggered violence and disrupted freight corridors between the U.S. and Mexico, and what carriers should watch next. Summary The killing of cartel boss El Mencho triggered violence that disrupted key U.S.–Mexico freight corridors. Learn how this event affects cross-border [...]
Experienced Credit Executive Joins Porter Freight Funding to Lead Credit Strategy and Risk Management Birmingham, AL — Porter Freight Funding, a leading freight factoring company serving transportation businesses nationwide, today announced the appointment of Chris Shelton as Senior Vice President of Credit. Shelton brings more than 10 years of [...]