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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

Tips On Finding The Right Subcontracting Partner

November 11, 2021 By Engs Commercial Finance

Trucking Subcontractors Owner-Operators and Partnerships

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 […]

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

Why It’s Time To Invest In Efficient Trucks & Trailers

March 8, 2020 By Engs Commercial Finance

Buy a New Semi Truck

Profitability can be elusive in the transportation industry.  From squeezed load fees from brokers to rising fuel costs, the variables seem endless.  It never feels like the right time to invest in a new semi truck or trailer.  However, while it seems like every cost is a variable outside of your control, there are some […]

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

Top Tips for Local Freight Fleet Operational Zen

December 17, 2019 By Engs Commercial Finance

Autonomous trucks take on the transportation industry norms

As a local delivery fleet manager your job is to maximize the number of deliveries while minimizing driver delays. Your main focus must be on the equipment used to provide deliveries for customers. If your fleet is not up-to-date that has negative repercussions from risking delivery schedules to displaying a poor image to customers. Delivery […]

Filed Under: Blog, Transportation Tagged With: big rig financing, big rig trucking business, delivery fleet financing, delivery truck financing, delivery van loans, truck loans, truck replacement

Getting Paid: 4 Effective Collection Strategies

October 3, 2018 By Engs Commercial Finance

Get paid faster with better billing practices

You’re already having success finding work, but you’re finding the back-office and bill collection on loads delivered is taking too long or your communicating with the customer only after the bill is past due.  At that point, cash flow is non-existent and you’re either dipping into your reserves, borrowing for operating expenses, or even worse, […]

Filed Under: Blog, Transportation Tagged With: big rig financing, big rig trucking business, book keeping, Maximize Profits, running a trucking business, start a trucking business, Trucking Business

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