Independent Trucking Tips Archives -

Independent Trucking Tips

How the New Administration Will Affect Freight Factoring in 2025

The new administration is in place, and the new DOGE committee is gutting many federal agencies. As agencies shut down,...

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Freight Factoring and Tax Planning: A 2025 Guide for Truckers

Now is the time to be coming up with your plans for the 2025 tax season. You have a year...

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Maximizing Profits with Freight Factoring: A Winter Survival Guide

Once the holiday season ends, many within the transportation industry experience a slower time of the year. The loads that...

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The Top Freight Industry Trends Shaping 2025: What Trucking Businesses Need to Know

Around 88,000 trucking companies ceased operations in 2023, and that trend didn’t slow down in 2024. In just the first...

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How Small Fleets Can Maximize Profits in Tight Markets With Factoring

Of the 577,000 motor carriers in the U.S., 95.5% of them have 10 or fewer trucks per FMCSA’s March 2024...

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Independent Trucking Tips

The Impact of Freight Factoring on Your Business Credit Score

The best business credit score depends on the reporting agency. For FICO, the range of 0 to 300, with 300...

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Freight Factoring for Mixed Cargo Fleets: Addressing Specialized Financial Needs

Mixed cargo fleets are made up of a variety of commercial vehicles that haul different loads. You might have big...

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The Benefits of Same-Day Payment for Independent Truckers

According to the Federal Motor Carrier Safety Administration, there were 922,854 independent (owner-operator) trucking companies at the end of 2023....

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How Freight Factoring Can Help Trucking Businesses Manage Seasonal and Weather-Related Delays

As winter arrives, some areas of the trucking industry pick up and others dwindle down. When you own a trucking...

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Independent Trucking Tips

Discount Fuel Cards vs. Credit Cards: Which Is Best for the Trucking Industry

As a trucking company owner, choosing the right financial products and tools plays a big role in your success. One...

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Independent Trucking Tips

Questions to Ask Before Signing Up with a Factoring Company

There’s a service that is vital to startups and businesses that want to grow. It is a service where the...

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Independent Trucking Tips

The Impact of Fuel Prices on Trucking: Strategies to Mitigate Rising Costs

During the pandemic, fuel prices dropped substantially due to dwindling demand. People weren’t going to work or school, so prices...

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How to Leverage Factoring Services to Negotiate Better Contracts With Shippers

A shipper is a company or party that is ultimately responsible for getting goods to a customer. It might be...

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How Freight Factoring Helps You Handle Seasonal Variations in Trucking Demand

Seasonal variations play an important role in any trucking company’s cash flow. It’s super busy with the holiday shipments, but...

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Insurance for Trucking Companies: How Do You Know Which Policy Is Right for You?

Commercial auto insurance isn’t just an optional purchase. It’s legally required of any motor carrier before a Federal Motor Carrier...

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Freight Factoring: Discussing Common Myths

companies grow their business. Factoring helps you keep cash on hand for the slow periods and reduces the amount of...

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The Future of Freight Factoring: Trends and Innovations to Watch for in Q3

S&P Global Ratings just dropped its rating on Accuride, a company that manufactures commercial truck parts. By the end of...

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How Can Independent Truckers Find Loads? Tips & Tricks

In a competitive trucking landscape, it can be challenging for independent truckers to find loads. There are 13.86 million trucks...

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Same-Day Payments With Freight Factoring Services

You're in an industry that is essential to so many aspects of commerce, construction, and disaster recovery. Truckers keep retailers...

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Line of Credit vs. Freight Factoring: The Best Option for Your Business

It doesn’t matter how big or small your trucking company is. Every company has experienced clients who do not pay...

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Funding for Independent Truckers: How to Find Loads & Get Paid

You have an owner-operator who drives a truck they’ve purchased and has to do all of the paperwork, marketing, licenses/certificate/registration...

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Freight Factoring Myths: Debunking Falsities in the Trucking Industry

Freight factoring is a beneficial service provided to owners and owners/operators in the trucking industry. The goal is to ensure...

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Picking the Top Freight Factoring Company: Tips For a Seamless Partnership

One of the easiest ways for trucking companies to keep a constant cash flow is through a freight factoring partnership....

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Trucking Tips: How to Get Paid Faster for Freight Deliveries

One of the biggest hassles in the trucking industry are slow payment cycles. When you’re driving loads for a broker...

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Invoice Factoring vs. Freight Factoring: What’s the Difference?

Any business needs a strong cash flow to survive and thrive. But, it’s hard when clients pay invoices late. If...

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How Does Freight Factoring Work? Insights From the Industry’s Factoring Leader

The global economy relies heavily on the movement of freight from manufacturers to warehouses, warehouses to trailers or shipping containers,...

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Q2 Trends in Transportation: Insights From Trucking Industry Experts

The first quarter is over, and the transportation industry took a bit of a proverbial beating. One of the most...

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Freight Factoring vs. Invoice Factoring: Which is Best For Your Business?

When your goal is fast payments, freight factoring and invoice factoring are both solid choices. With either of them, you...

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Freight Delivers For Independent Truckers: Get Paid Fast

How long does it take before you get paid? If you’re waiting 30, 60, or even 90 days, how easily...

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Insider Tips to Get Paid Faster for Truck Deliveries

It seems that every week, another broker or shipper files for bankruptcy. As a trucking company owner, it’s alarming when...

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How Freight Factoring Services Improve Cash Flow for Trucking Businesses

A Texas trucking logistics company filed bankruptcy in January listing up to $500 million in debt and only $500,000 in...

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Financing for Small Fleets: Why Freight Factoring Is a Must

Between January and April of 2023, more than 31,000 fleets quit the business. Of those, 24,806 were one-truck owner-operator trucking...

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Freight Factoring for Small Businesses: What to Look For in a Partnership

Already in 2024, a Fort Worth transportation and logistics provider announced plans to shut down a distribution center and lay...

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Freight Factoring for Large Fleets – Maximizing Your Business’ Potential

In the busy trucking industry, large fleets need a lot of fuel to run their engines, but the business also...

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Choosing the Best Freight Factoring Company – Factors to Consider

It’s time to come up with a better way to keep money flowing. That’s one of the many difficulties a...

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Freight Factoring Versus Line of Credit – What’s the Difference?

Most people understand the basics of a line of credit. But, what do you know about a handy alternative known...

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Why Trust TBS as Your Freight Factoring Company?

As the global economy continues to change, many trucking companies may be struggling to secure the funding they need to...

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Benefits of Choosing TBS

When it comes to choosing a factoring company to partner with, it's important to pick the one that goes above...

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How Fuel Cards (and More) Save Truckers Money

High fuel costs and ways to combat them—whether through discount fuel cards or more strategic planning—are at the top of...

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4 Quick Tips to Picking an Insurance Company

As an owner-operator, vehicle insurance is critical. Not only do you need the proper insurance in place to stay compliant...

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Independent Trucking Tips

Understanding Retirement Accounts

If you don't want to work forever, you need to invest for your retirement. To reach your retirement goal, actively...

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Tech On-the-Go

Modern times require business owners to embrace technology as an integral part of running a successful business, especially in the...

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Independent Trucking Tips

Fixed and Variable Costs Explained

Running a business is hard, especially as an owner-operator. Knowing how to optimize your costs can make running your business...

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Independent Trucking Tips

How to Be a Pro at Leasing a Truck

Leasing a truck is similar to renting a house. Leasing means you’re paying for the use of that truck, but...

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Easy Ways to Stay Safe

According to the Insurance Institute for Highway Safety’s Highway Loss Data Institute, a total of 4,014 people died in large...

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Dealership Service and Repair Tips

Whether you’re a seasoned driver with years of experience handling dealership repairs or a new owner-operator, you will likely have...

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8 Quick Tips to Save on Health Costs

Healthcare costs can be stressful for anyone, especially if you decide to run your own business. Whether you choose to...

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5 Ways to Avoid Financial Trouble

As an owner-operator, managing finances is a big part of the job. Being smart with your money will set you...

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How to Use Your Time Wisely as a Driver

Picture this: you throw your loose change into a jar every time you walk inside your house. Once the jar...

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Independent Trucking Tips

How to Get the Most Out of Your Tires

While tires don’t last forever, there are several ways to ensure you get the most out of them before it’s...

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Independent Trucking Tips

How to Choose a Trailer

Is a trailer worth the investment? For many owner-operators, the answer is yes. On average, it can take less than...

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Independent Trucking Tips

Cold Weather Quick Tips

When the cold season approaches, make sure to take some time to properly prepare your big rig for the change...

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Independent Trucking Tips

4 Ways to Save Money on Fuel

Fuel is one of the highest variable costs in the transportation industry. It’s nearly impossible to predict ahead of time...

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Independent Trucking Tips

Winterizing Your Rig

Properly preparing and maintaining a vehicle for winter’s challenging conditions is essential to: Minimize downtime and its inconveniences and expenses...

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Independent Trucking Tips

Tires

Commercial truck tires are one of the largest operating expenses for most truck owner-operators. Extending the lifespan of tires helps...

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Independent Trucking Tips

Steps, Handles, & Deck Plates

Collisions with other vehicles or single-vehicle accidents can lead to very serious injuries to truck drivers. However, most of the...

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Vehicle Inspections

The importance of pre- and post-trip vehicle inspections cannot be overemphasized and are an essential part of the overall safe...

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Independent Trucking Tips

Prep Your Rig For Summer

The benefits of regular vehicle maintenance are thoroughly understood. Not as well known,however, is the importance of preparing trucks for...

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Independent Trucking Tips

Engine Life

Properly maintaining a diesel truck engine has many benefits, including: reliable operation, maximized truck performance, less downtime, and longer life....

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