Freight Factoring

Summary: Many owner-operators enter the trucking business hoping to expand their carrier into a large trucking fleet. But few owner-operators grow their companies using a methodical approach. Instead, they jump at the chance of growth without understanding how to grow the business. This approach seldom works and often ends up in financial failure. We recently […]

Becoming an owner-operator can be very profitable if done correctly. It can also get you into serious financial problems if you are new to the industry and follow the wrong steps. This article was written to help aspiring truckers increase their chances of success in the industry. We cover the the following: The wrong way […]

Summary: Auto haulers frequently have trouble finding a factoring company that can work with them. Unfortunately, many factoring companies cannot finance auto haulers due to the risk of cargo damage, claims, and other issues. This article explains how freight factoring works, why auto transport companies are challenging to finance, and how to find a factoring […]

Starting a company as an Independent owner-operator can be difficult. The industry has a number of complex requirements that owners need to comply with at all times. One of the more confusing and expensive issues they deal with is insurance. This article provides a simple explanation of the industry and its products. It prepares you […]

Summary: The best way to get reefer loads for fresh refrigerated meat and produce is to work directly with shippers. Working with shippers can provide you with regular loads, and it bypasses load boards and brokers. This strategy allows you to keep more money per load, which makes you more profitable. All it takes is […]

Summary: Selecting the right market niche is the most important decision you will make as an owner-operator. Pick the wrong market and your days as a business owner could be numbered. This article, written with the help of our friends at Learn to Truck, helps you select the right market. In turn, you will be […]

Summary: One of the most important things you can do before you start your trucking business is to estimate your “all-in” cost per mile. Knowing this cost, along with estimating how much you will make, enables you to estimate your expected profit. Profit is your most important number. Your profit is how much you keep, […]

One of the most common questions that new owner-operators ask industry veterans is “how much will I make per mile?” Often, they hope for a simple answer, such as $1.50 or $3.00 per mile. The fact is that there is no standard answer. In this article, we help you determine how much you will make. […]

Summary: This article is written for owner-operators and small fleet owners. It teaches you one thing: how to choose the state where you buy your fuel so that you can buy it at the lowest possible price. This simple strategy can help you increase your profits without changing the miles that you drive. We cover […]

The trucking business can be very profitable, but it is incredibly competitive. Many truckers try to get into the business every year and end up failing. This outcome usually happens to people who are great truckers but are not good business owners. Knowing how to run and grow your trucking business takes more than knowing […]