We all know that in manufacturing, when the machines aren’t running they’re not making money. We spend a healthy portion of human resource time on selling our services and products to fill the shifts, and another portion on repairing and maintaining equipment. Wouldn’t it be great to spend less time fixing and more time running […]
Construction Equipment Auctions: 4 Successful Bidding Tips
From a simple nod to a raised sign, to a wave of the hand, auction bidding is nuanced with numerous gestures that are often too subtle for a first-time auction attender to capture. One moment you’re holding the winning bid the next you’re three bids behind. Auctions are fast-paced and can be gut-wrenching or exhilarating […]
How IoT is Shaping the Industrial Equipment Market
For decades we’ve seen incremental innovations and improvements to manufacturing and machining equipment creating higher precision, faster production, and increased reliability. This is anticipated progress. What wasn’t expected was the disruptor of Internet of Things (IoT) becoming a reality and promising a leap forward in manufacturing efficiency and cost-effective maintenance. What is Internet of Things? Internet of Things, […]
New OTR Owner/Operator? Project Your Profitability Like A Veteran
Starting and running your own business is never a simple undertaking, but those who run their own trucking businesses have their own unique set of challenges. Several variables are considered when calculating the expected business operating costs. On average, an owner-operator trucking business needs to bring in $180,000 each year just to break even, which comes […]
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 […]