Blog

Line of Credit vs Working Capital Solutions: Which Should You Choose?

Financing through a challenging economic climate or a rapid change in your business such as unexpected orders, sudden growth, or entering a new market can be daunting. Choosing the right solution for financing through the changes can change the way you use the capital, when, and how much you choose to draw. Let’s dive into […]

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4 Ways Freight Bill Factoring Helps Trucking Companies Succeed

If you’re a veteran trucker, or already looking at cash flow solutions for your business, you’re likely familiar with freight bill factoring which means you’re ahead of the curve.  This factoring primer is for the new owner-operator, or business owner who’s either boot-strapped the business to this point, or whittling away at a bank loan […]

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Are You A Construction Business Insurance Companies Want To Insure?

It’s a quite challenging time to be in the construction industry. Though many areas of the country are seeing increasing demand for new homes and commercial buildings, companies themselves are struggling with a robust economy that has one of the lowest unemployment rates in recent history.  In fact, in the fall, the construction industry experienced […]

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Protecting Your Business from Common COVID Relief Scams

As small businesses brace for the impact of COVID-19, they are increasingly becoming targets of scammers looking to take advantage of the situation. From fraudulent unemployment benefits to middleman intercepts of SBA loans, small businesses are being hit from all sides by scammers looking to profit from the pandemic. In this post, we’ll look at […]

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Building Your Business on Healthy Profit Margins

Some companies start off with a rich, financially sound backing due to investors. Some founders launch new businesses off of successfully built and sold companies. Others are brand new startups, just being launched from an idea. In all cases, profits should matter. Companies must pay close attention to not just if they are selling product […]

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Choosing the Right Freight Company To Contract Through

For years you’ve been dreaming of hitting the open road, being your own boss, and making a solid living and now you’re ready.  CDL in hand, has the vision of launching your own trucking company, but you need to get your feet wet with a larger carrier to learn the ropes and get some revenue. […]

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How You Know It’s Time To Upgrade Your Construction Equipment

It’s not always easy to decide when it’s time to upgrade your construction equipment. After all, repairs can be expensive, and you don’t want to spend more money than you have to. However, there are a few factors you should consider when making this decision. In this blog post, we will discuss the benefits of […]

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Is Now The Time To Go Green? Weighing Risks & Rewards

Before March of 2020, the pressure was mounting for businesses across nearly every industry to adopt sustainability practices, including reducing energy consumption, recycling, and reducing the usage of consumable products within the workplace.  For some businesses, this change included investing in new, high-efficiency equipment, or capital expenditure in remodeling or retrofitting their facilities with everything […]

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Improve Manufacturing Profitability Through Sustainability

As a manufacturer in the U.S., a common misconception is that focusing on sustainability is a result of government involvement and leads to decreased performance and profitability.  While government does play a hand in moving many industries toward sustainable practices, this doesn’t have to be a negative nor costly move. We’ve all seen the headlines […]

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Technology Trends Redefining Robotics in Manufacturing

If automation was not already on the rise prior to the pandemic, a global slowdown and reduction in available workforce accelerated creative thinking among manufacturing leaders around the globe. Here are some of the automation and AI trends that are transforming manufacturing today. The Rise of “Cobots” One of the most significant changes we are […]

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How Collateral Value Can Influence Your Loan Interest Rate

A lot of people don’t realize just how many different factors go into determining financing rates related to items like printing presses, vertical mills, industrial planers and other types of commercial industrial equipment. The business and owner’s/guarantor’s credit score plays a role in determining your rates, yes – but that’s just one small part of […]

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The True Cost of Electric Semis: How Do They Compare to Traditional Diesel?

Shopping for a semi truck for your logistics and freight company has changed dramatically in the last 5 years. Previously the choices fleets and owner-operators had to concern themselves with was brand and type of semi truck to purchase: day cab, sleeper, and gearing for the type of load, terrain, and distance on an average […]

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Lease vs. Buy; An Industrial Equipment Dilemma

Technology and markets are continually evolving, dividing industrial companies into three broad categories: innovators, followers, and status-quo. What determines which camp a business falls into is largely decided by who is at the helm; are they a risk-taker or conservative with the company’s resources?  First we’ll distinguish leasing versus buying, then apply those differences to […]

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How Automation Is Helping Businesses Respond to Supply Chain Disruption

In today’s global economy, disruptions to the supply chain can have a ripple effect on businesses around the world. Severe weather conditions, labor strikes, natural disasters, and global pandemics can all cause delays and disrupt the flow of goods. In order to stay competitive in this environment, many businesses are turning to automation to help […]

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Commercial Insurance Strategies in a Post-COVID Marketplace

Commercial insurance carriers are having to adapt quickly to changes in the marketplace due to the COVID-19 pandemic. One of the biggest changes has been the introduction of new products, such as gap coverage, business interruption & contingencies, event cancellation coverage, and more. This has brought about the need for reinsurers and partnerships to ensure […]

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Supply Chain Constraints & the Metal Fabrication Industry

The current state of the economy has caused supply chain constraints to become a significant issue for businesses in a variety of industries. The metal fabrication industry is one such example. Due to shortages of steel, aluminum, and copper, metal fabricators are finding it increasingly difficult to obtain the materials they need to produce their […]

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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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