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Trucking Companies’ Strategies for Dealing with Rising Diesel Prices

May 21, 2022 By Engs Commercial Finance

Diesel Fuel Prices are rising, how are truckers managing price increases

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 […]

Filed Under: Blog, Insurance, Transportation

The Electric Truck Market Is Heating Up

May 6, 2022 By Engs Commercial Finance

Financing Electric Semi Trucks for Sale

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 […]

Filed Under: Blog, Transportation Tagged With: Electric Trucks, Semi Truck Leases

Reduce Your Cost Per Mile Through Efficient Trucks & Trailers

April 22, 2022 By Engs Commercial Finance

Buy efficient big rigs for more fuel savings and greater reliability

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 […]

Filed Under: Blog, Transportation Tagged With: big rig financing, big rig trucking business, start a trucking business, truck loans, truck replacement, Trucking Business

How Technology Has Shaped The Trucking Industry

April 14, 2022 By Engs Commercial Finance

Managing Stress on the Road - Trucking Stress

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, […]

Filed Under: Blog, Transportation Tagged With: big rig trucking business, Long Haul Trucking, start a trucking business, Trucker Life, Trucking Business

Finding the Right Freight Company To Subcontract With

April 6, 2022 By Engs Commercial Finance

Team Driving, Truck Financing for Team Drivers

As an owner-operator truck driver, finding the right freight partner to subcontract with is essential for your success. Not only do you need a company that can provide quality freight loads, but you also need one that is reliable and trustworthy. Here are some tips for finding the right freight partner for subcontracting. Ask for […]

Filed Under: Blog, Transportation

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