Transportation

How to Grow a New Trucking Company

While the transportation industry can be very profitable, running and growing a trucking company can be very challenging. Not only do you need to know the transportation business very well, you also need to be an expert at juggling and prioritizing the constant business demands. From managing drivers to managing loads, the tasks are never […]

Financing for Carriers and Brokers

The transportation market in Canada is very competitive. Shippers have a number of competing alternatives to chose from. This allows them to pay rock bottom prices for shipping a freight load, and enables them to dictate their payment terms. Some shippers may pay your invoices quickly, if you give them a discount. But many shippers refuse […]

Financing for Freight Brokers in Canada

While it’s financially rewarding, running a successful freight brokerage can be very challenging. One of the biggest financial issues comes from that fact that you need to pay your expenses quickly, but your revenues flow in slowly. To be effective in this business, you will need to pay carriers and drivers very quickly. The best […]

How to Finance your Trucking Company

The Canadian transportation industry has been a source of growth for many years. The industry has provided numerous opportunities for entrepreneurs who want to start their own companies. A lot of this business activity has been focused in areas like Quebec, Ontario and near the oil sands, where oilfield transportation companies are flourishing. Small companies run into financial […]

What is Freight Bill Factoring?

Freight bill factoring is a form of financing that is commonly used in the transportation industry. It works by allowing carriers and brokers to finance their slow-paying invoices. Transportation companies use this type of financing to improve their cash flow and grow their businesses. In this article, we cover: What is freight bill factoring? How […]

13 Free Load boards – Canada and Transborder

A load board is a marketplace that allows carriers, brokers, and shippers to work together. While the best way to grow a trucking carrier is to get direct shippers, load boards have a place to help you build your business. They are a useful way to get started and start pulling loads. Additionally, they can […]

Best Trucking Forums In Canada

One of the best resources for new and growing trucking companies are online trucking forums. Most of these forums have seasoned truckers that participate in daily discussions and are willing to help fellow drivers. If you are interested in becoming a successful owner operator, you should consider participating in these forums. The best trucking forums are: […]

How to Find Loads for Truckers (Canada)

Finding profitable truck loads is the most important thing an owner-operator can do to succeed. Without regular shippers, you don’t have a business. It’s as simple as that. However, this area is where most owner-operators and small fleet operators fail. This article shows you how to find profitable loads to grow your business. We cover: […]

Owner-Operator Financing in Canada

Becoming an owner-operator can be a rewarding move, professionally and financially. However, as a business owner, you have additional responsibilities. You are responsible for getting equipment and for running operations. These responsibilities can be expensive. Unless you have enough capital, you will need financing to get your new trucking business rolling. Financing your truck Getting […]

What is a Load Board for Truckers?

A load board is a website that matches freight shippers (and brokers) with carriers. Shippers and brokers post loads that need hauling. Likewise, owner-operators and fleets can post their available capacity. Load boards allow shippers and carriers to find each other and enter commercial agreements to move the freight. This article covers: What services do […]