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Increase in Equipment Finance Consolidation After Major Player Sell-Off

Market conditions are ripe for new mergers and acquisitions in the equipment finance industry, as a slowdown in new equipment sales and the sell-off of significant assets by industry giant GE Capital Corp.  A substantial portion of GE’s assets have already been acquired by BMO Financial Group and Wells Fargo & Co., however such a […]

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Discovering New Bus Contracts

Prior to the COVID-19 pandemic, the 2019 scheduled and charter bus service market in the U.S. exceeded $6.6B in revenue.  While market contractions with travel restrictions and closures contracted the market for 2021 and 2022, as more states and communities open up, markets are expected to stabilize, with pre-pandemic growth rates expected in the short […]

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Trucking Business Basics #3: Growing Your Trucking Company

In the third post of our series on Starting Your Trucking Business we are going to focus on how to find freight companies worth your while. As with any part of your business plan, the way you source customers now will change as your trucking business grows. The key when starting out is developing a […]

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Trucking Business Basics #2: Establishing Your Owner Operator Status

Now that you have begun the process of Starting Your Trucking Business, it’s time to take the next step. First you have to decide which trucking market will best suit your business goals. You will need to commit to a market as your CDL and trucking equipment will vary depending on the types of truck […]

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Trucking Business Basics #1: Starting Your Truck Driving Business

Driving a semi truck for someone else isn’t exactly a glamorous job. According to the Occupational Handbook, a semi truck driver will typically make just under $40,000 per year. The job has some challenges too. It requires long hours in a vehicle, and often drivers are required to spend several days on the road away from […]

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