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Trucking Companies’ Strategies for Dealing with Rising Diesel Prices

Diesel prices have been on the rise in recent months, and trucking companies are feeling the pinch. The cost of diesel fuel accounts for a significant portion of business expenses for truckers, so when prices go up, it can be difficult to stay profitable. In this article, we will take a look at how trucking […]

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The Electric Truck Market Is Heating Up

With new-to-market fully-electric manufacturers and traditional diesel manufacturers now developing partnerships with technology providers entering the fray, the next few years will see the electric semi truck market heating up with a handful of logistics companies already placing orders for regional delivery-rated trucks in the final stages of development.  First official manufacturer to serial production […]

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Reduce Your Cost Per Mile Through Efficient Trucks & Trailers

Logistics companies and owner-operators walk a fine line between maintaining healthy profits and remaining price-competitive with other providers in their region.  The dramatic shift in supply chain and now rising inflation exacerbates an already delicate balance.  Tack on a conflict a world away putting a strain on energy availability and pricing has seen fuel prices […]

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How Technology Has Shaped The Trucking Industry

One of the greatest hurdle for any fleet or dispatch-related service is communication while in the field.  It wasn’t so long ago we were reliant upon radios—commonly citizen’s band (CB) radios.  While mostly effective, they were beholden to range limitations, open channels, and cross-talk from time to time. While still present in many cabs today, […]

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TPS Article – Equipment sales constraints showcase importance of F&I penetration for dealers

When selling equipment, it can be easy to overlook the earning potential of a strong F&I department. All dealers need someone on hand who can evaluate a potential customer’s purchasing and financial capabilities, but an F&I department can provide much more than peace of mind for sellers. A properly run F&I department serves not only […]

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End-Of-Winter Road Conditions: What You Need to Know

Through much of North America, road construction and maintenance halts as temps dip below 40 degrees and increased rain and snowfall make for dangerous working conditions.  Wet materials such as concrete and asphalt don’t behave well, and increased moisture near the surface makes excavating a messy challenge.  While this hiatus is good for efficient road […]

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Building Business Credit with Equipment Loans

Financing equipment does more than just provide your business with a new excavator or fleet of tractors or trailers. When you use equipment loans to purchase new or used machinery, you are also building business credit. Consider the benefits of building credit for a business with the use of loans and equipment finance. See how […]

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Machine Tool Crashes: Big Problem, Bigger Solutions

The most crucial part of your CNC machine is not the cutter. It’s not the lathe or the tools or any of the parts you can buy online. The most crucial part of any CNC machine is the programmer. It’s also the part that has the potential to cause the most problems! Even the best […]

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Aspiring To Be A Leading Manufacturer? Uptime Is Key

We all know that in manufacturing, when the machines aren’t running they’re not making money.  We spend a healthy portion of human resource time on selling our services and products to fill the shifts, and another portion on repairing and maintaining equipment.  Wouldn’t it be great to spend less time fixing and more time running […]

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Improving Just-In-Time Manufacturing with Better Data

For manufacturers, the year 2022 began with some unique challenges not felt since WWII; global supply constraints of raw materials. Now manufacturers are looking for ways to do more with less, including efficiency to run fewer shifts or faster and more accurate equipment given limited raw materials, leaning deeper into just-in-time (JIT) manufacturing, but with […]

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Tips For Working With A Load Broker

Picture this. Every time you hunt for a new load as an owner operator or independent trucking company, you have to deal with load brokers. However, it never fails that something goes awry with your commercial truck and trailer loads. The load broker might have failed to share some important information, or you may have […]

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New OTR Owner/Operator? Project Your Profitability Like A Veteran

Starting and running your own business is never a simple undertaking, but those who run their own trucking businesses have their own unique set of challenges. Several variables are considered when calculating the expected business operating costs. On average, an owner-operator trucking business needs to bring in $180,000 each year just to break even, which comes […]

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Using Technology to Stay Connected To Your Drivers

Over the past decade, the method of media consumption has experienced a growing departure from television and newspaper to Social Media platforms.  According to Pew Research, nearly half of all media discovery or consumption occurs on Social Media platforms including Facebook, Instagram, Twitter, LinkedIn, and even TikTok.  It’s no wonder then, that opinions are formed […]

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Tips On Finding The Right Subcontracting Partner

You’ve been a trucker for a few years and are looking for new opportunities in the industry.   The next logical step is to go into business for yourself as an owner-operator, but where do you begin?  We’ve covered starting your own trucking business in previous posts, however you now have a truck and trailer […]

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When Is The Right Time To Buy Construction Equipment?

With the prospect of new infrastructure projects as part of the Biden Administration’s infrastructure bill, commercial contractors throughout the nation are clamoring to claim a stake in the campaign. While it’s easy to assume a new piece of machinery will solve your job site challenges, give you the competitive edge in being awarded a contract, […]

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Factoring vs. Bank Loans: Which is Better for Your Company

Whether it’s a new business opportunity or trying to get through a tough spot, the question asked by business owners is often, “Is invoice factoring better than bank loans?” The answer to this question depends on your business’ circumstances. If you are looking for a short-term solution, then invoice factoring may be the best option […]

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Am I Covered When A Contract Driver Is Operating My Equipment?

If you have a leased vehicle or property, you are required to provide insurance protection for the owner of that unit from losses that you are legally liable to pay. Contingent Liability is protection from losses to a third party for which you are legally responsible but, as the owner of the equipment of property, […]

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Why 2021 Is the Perfect Time to Invest in New Equipment

With more and more states opening back up for business, now is the perfect time to look at expanding your company’s capabilities. Circumstances have come together to make this an ideal time to buy new equipment to either expand operations or replace older, outmoded models. Write Off Your Equipment Costs In the past, equipment for […]

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How Manufacturing Adapted Amid the Pandemic

As we round out 2021 and enter the tumultuous winter months here in the US, let us reflect. While many business owners are more than ready to move forward, there are several ways COVID-19 continues to challenge the marketplace and the economy. About Manufacturing Adaptations New shipping demands are being expected across most industries. There […]

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How To Avoid A Costly Crash

If you are working with an industrial CNC machine, there are risks involved that can lead to a costly crash. Machine tool operator errors are commonly caused by a user or programming error. While safety training and certification can help protect workers, you also want to minimize financial loss. Here is where operator error insurance […]

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