Rivian Q1 earnings expected to show electric vehicle demand rising
Expectations are that the earnings will show an increasing product demand, but consistent ongoing supply chain issues and skyrocketing rates of cash output.
Creative solutions are needed to narrow the generational labor gap
Emsi Burning Glass Technologies, an analytics software company, released a report referencing an aging population and many younger workers are leaving the workforce, altogether.
Main Street anticipating more Federal Reserve hikes
Higher interest rates mean consumers will pay more to borrow money from institutions.
Generic spec for all fleet applications are a thing of the past
A truck that is not spec’d accordingly for its service is much more likely to be an expensive asset to repair and maintain, rather than an ideal “designed-for-use” heavy duty vehicle.
Maritime insurance industry is risky business
he cost of running and maintaining steamships for shipping cargo across the sea is getting more expensive, as well as the product being moved.
Amazon.com seems to have finally flatlined
The tech company reported last week its most moderate sales growth in almost twenty years.
A $10 million verdict is the final straw for Illinois-based trucking company
Sullivan, Illinois-based trucking company Marvin Keller Trucking has filed for Chapter 11 bankruptcy protection due to a nuclear verdict in court, inflated fuel costs, and wild market conditions.
Used Class 8 now have a price tag of $100k on average
ACT Research has released their findings that used Class 8 vehicles have now reached at least $100k on average as of March 2022.
Small businesses can obtain a grant of up to $500K
Grants have become an crucial tool for many small business owners during these challenging times and even if you haven’t applied for one before… now may certainly be the time.
What is cryptocurrency, anyway?
Cryptocurrency is an encrypted digital or virtual currency currently making the rounds with investors everywhere.
Q1 revenue spike excites J.B. Hunt investors
Its total revenue increased by 33% to $3.49 billion from $2.62 billion the previous year.
Should your trucking company unbundle its lease?
Advocates of unbundling leases claim that the act can assist the company save money on specific items that are typically bundled together in your lease.
US energy demand surviving on borrowed capital
As fuel costs skyrocket due to supply chain issues, war, and inflation - the current U.S. energy policy browbeats the country’s infrastructure to utilize energy from fossil fuels.
Truck parking & loading areas important for driver safety
Irving, Texas-based trucking company Tarango Trucking won in a federal appeals court.
Do small businesses really need more federal stimulus money?
Are more small business relief via stimulus grants really a necessary move by Congress?
Affordable Care Act’s “family glitch” being addressed for small business healthcare coverage
Paying very high premiums is common for most people including their family on their plan.
Freight broker bonds protect the carrier & the shipper
Hauling large quantities of freight over long distances does not come without its risk.
Reducing expensive insurance costs in trucking industry
As a business owner, you cannot only on insurance premiums. Instead, focus on limiting of the risk that your trucking company needs to assume.
“Buy now, pay later” has its pros and cons
The “buy now, pay later” method is becoming more and more common at large retailers, but small businesses are looking to cash in.
Accounts Payable should be a priority for logistics managers
Fostering good and cohesive relationships with suppliers may not be a top priority for a logistics manager.
