With an evolving economy, business owners must be nimble both as decision-makers and financially. As markets change, it’s common to find oneself in a situation where investments in equipment, personnel, material, or vendor services are required to adapt and maintain a competitive edge. When the war chest is running thin, businesses typically have two options […]
How Technology Is Shaping The Logistics Industry
We’ve examined the impact technology is having in the trucking industry in the past, though today we’re going to take a close look directly at it’s impact on the logistics firm, both in-house and in concert with 3rd-party carriers. Keep in mind that many of these technologies will be applicable to the entire supply chain […]
Insurance Coverage for Truckers: What’s Enough For Your Business?
Trucker insurance is one of those gray areas for most trucking company owners, as well as independent contractors. You want to have enough trucking insurance to be covered, yet you want to avoid overspending. Hopefully you won’t ever have to depend on your trucking insurance benefits to cover an accident or incident. Yet there are […]
How To Purchase A Big Rig
If you’re an established owner operator or manage a small fleet and you’re looking to purchase a new truck, you have a few options for financing a truck, however just starting out, purchasing your first truck can be difficult due to lack of established business credit. Lets begin with financing a truck for established businesses; funding […]
How Small Machine Shops Gain Competitive Edge
You’ve been in business for several decades or recently purchased an older, established machine shop from another proprietor and you’re sensing a squeeze from more competition and smaller margins. Long-standing clients brought their prototyping in-house and are looking for ways to shave costs on manufacturing runs, pushing your prices lower to retain their business. Is now […]