Trucking Start-up: How to Manage Cash Outflow
Once you start getting paid, everything is golden, right? Well, this is where the real work begins. As we mentioned in part one of our managing cashflow series, where we…
Once you start getting paid, everything is golden, right? Well, this is where the real work begins. As we mentioned in part one of our managing cashflow series, where we…
Let’s be very clear: cash is not king... cashFLOW is king. Running a trucking company requires a lot of attention to detail. If anything falls through the cracks, your company…
Think you only have to worry about cargo theft? Think again! With used vehicle prices so high and supply chain issues still running rampant, theft of vehicle catalytic converters and…
Make sure that the carrier offers coverage levels that meet your specific insurance needs as it will impact your eligibility to haul certain cargo and can affect your bottom line.…
If you are a truck driver interested in starting your own owner-operator business, there are many things you can do now to help you keep your commercial insurance rates as…
Get a customized insurance quick quote for your Hotshot company. Hotshot truck insurance is for short-haul trucking operations specializing in the expedited transport of time-sensitive cargo and is often associated with…
Understanding why many owner-operators fail in their first two years due to cashflow issues. Before becoming an owner-operator, you were likely a company driver gathering the experience needed to, eventually,…
Outside of owning and operating a truck (i.e., leasing and fuel), insurance will be the next most expensive cost for trucking companies. Insurance for a single truck can run anywhere…
Last year saw a demand for carriers delivering goods after the COVID-19 pandemic led to increased online shopping, a steady need to keep grocery stores stocked, and the need to…
As with any new business, it is hard to start a successful trucking company and keep it in business in the first few years. It is common to see around…