You’re already having success finding work, but you’re finding the back-office and bill collection on loads delivered is taking too long or your communicating with the customer only after the bill is past due. At that point, cash flow is non-existent and you’re either dipping into your reserves, borrowing for operating expenses, or even worse, […]
Creating Work-Life Balance as an OTR Trucker
To live a happy life, you have to find balance between work and play. Too much work and you are overstressed and physically exhausted. Too much play and you end up sleeping on your buddy’s couch. As an OTR trucker the line between work and play is even more skewed. After all, you live, work, […]
Make More Money in Trucking by Controlling Your Fuel Costs
One of the most unavoidable, and substantial, expenses for anyone in the trucking business is fuel. When you have a commercial truck and trailer that gets 5 miles on the gallon, you can easily spend thousands of dollars at the pump each month. Fortunately there are several tried and true methods for controlling your fuel […]
Mastering Cash Flow with Invoice Factoring
All businesses require cash flow to function; certainly the trucking industry is no exception to that rule. In fact, with the high operational costs including insurance, fuel, equipment financing and regular maintenance, being tied to a 30-60-90 day pay on invoices makes operating your own trucking business a challenge, let alone growing the business. The […]
Is Short Haul Trucking For Me? The Owner Operator’s Dilemma
When you first considered becoming a trucker, the image that came to mind was a big tractor trailer on the open road, right? Well, a growing percentage of trucking is moving into what is categorized as “short haul” trucking, meaning under 150 mile delivery radius. Over the last few decades, larger carriers are introducing more depots […]