by Brett Byman | May 26, 2022 | Trucking Business
While minimalism may be a term best known in home decor, the concept is familiar in the supply chain. “How can we do more with less?” To address this question, business owners must understand how to calculate truck utilization and use fleet management metrics to...
by Brett Byman | May 5, 2022 | Trucking Business
With the 2021 tax season in the rearview window, most Americans can breathe a sigh of relief However, owner-operators know that the end of one tax season is the beginning of the next. A proper understanding of tax rules for truck drivers prepares owner-operators with...
by Brett Byman | Apr 21, 2022 | Freight Factoring
Financial strains are hard to deal with, even in the best of times. But with current levels of pressure, disruption, and uncertainty plaguing the shipping and transportation industry today, financial stresses are higher than ever before. Many fleet drivers and...
by Brett Byman | Apr 7, 2022 | Uncategorized
What is transportation factoring? This simple question carries a heavy load, and the way the answer gets presented and applied will significantly impact freight transportation and trucking companies of all sizes. Today’s pressures involved operating and managing a...
by Brett Byman | Mar 24, 2022 | Trucking Business
People across the United States consistently seek what the Declaration of Independence defines as “life, liberty and the pursuit of happiness.” In today’s economy, the aspect of liberty, or freedom, is highlighted as one of the most important ones among social media...
by Brett Byman | Mar 3, 2022 | Trucking Business
As much as truck drivers carry supplies across the continent, the supply chain carries the trucking industry. Whether a company starts with one truck or has built a fleet, gaining access to the right loads is critical. However, the unstable supply chains and heavily...
by Brett Byman | Feb 24, 2022 | Trucking Business
As an owner-operator, it can be tricky juggling the countless tasks that need doing or tracking the current trends such as fuel prices—and make no mistake, fuel forms a significant part of your back-office costs. It’s easy to assume otherwise, and some ask, do truck...
by Brett Byman | Feb 17, 2022 | Trucking Business
Accounts receivable (AR) is the payment truckers will receive from shippers who have purchased their services on credit. The credit period can range widely in a timeframe. However, typically 30-90 days, such a range can harm various companies’ cash flow. After sending...
by Brett Byman | Feb 10, 2022 | Trucking Business
Despite the stereotype that the trucking line of work is for the common person, the common person might not understand the hidden expectations of those working in the trucking industry. When considering this line of work, you might imagine the requirements to be...
by Brett Byman | Feb 3, 2022 | Trucking Business
Every licensed driver has had to learn to drive alongside the buffeting of a semi-truck. If the trucking industry is not hidden, why the lack of transparency in business dealings? As reported by the American Trucking Research Institute, “This year’s total...