Retailers Destock Their Pandemic Stockpiles, and the Trucking Industry is Suffering The U.S. truck freight market experienced a decline in both shipment volume and spending in the fourth quarter of 2023, marking the largest year-over-year drop in volume in the history of the U.S. Bank Freight Payment Index. Shipment volume was down 15.7%, and spending..
The transition of veterans to civilian careers, especially in the trucking industry, represents a crucial phase in their post-military life. Veterans bring a unique set of skills, discipline, and work ethic to the workforce, making trucking an appealing option. The GI Bill plays a pivotal role in facilitating this transition by providing educational benefits and..
A successful and secure trucking carrier begins with the right insurance coverage. It serves as an umbrella against unforeseen events and risks faced by owner-operators both when transporting goods and resting between transits. The basic insurance package includes Auto Liability insurance with an average of $1 million coverage of damages or injuries to other traffic..
Navigating the transition from military service to civilian life can be challenging, but becoming an owner-operator is an exciting opportunity for veterans interested in entrepreneurship and the trucking industry. In this blog, we will explain the ins and outs of becoming an owner-operator, what benefits to expect, and what government programs make the transition into..
As an owner-operator in any industry, the drive, passion, and dedication you bring to your work are commendable. Your ability to manage your own business, make important decisions, and maintain operations is no small feat. However, there’s a prevalent mistake that many owner-operators tend to make — overworking themselves without scheduling essential downtime. In the..
FMCSA Faces Congressional Scrutiny Over Controversial Speed Limiter Mandate The Federal Motor Carrier Safety Administration (FMCSA) faces scrutiny in Congress regarding the proposed speed limiter mandate, as reported by Overdrive. The mandate, which has sparked debates in the trucking industry, aims to set speed limits for commercial vehicles. Critics argue that enforcing such limits could..