Independent Trucking Tips Archives -
Independent Trucking Tips
How the New Administration Will Affect Freight Factoring in 2025
The new administration is in place, and the new DOGE committee is gutting many federal agencies. As agencies shut down,...
Freight Factoring and Tax Planning: A 2025 Guide for Truckers
Now is the time to be coming up with your plans for the 2025 tax season. You have a year...
Maximizing Profits with Freight Factoring: A Winter Survival Guide
Once the holiday season ends, many within the transportation industry experience a slower time of the year. The loads that...
The Top Freight Industry Trends Shaping 2025: What Trucking Businesses Need to Know
Around 88,000 trucking companies ceased operations in 2023, and that trend didn’t slow down in 2024. In just the first...
How Small Fleets Can Maximize Profits in Tight Markets With Factoring
Of the 577,000 motor carriers in the U.S., 95.5% of them have 10 or fewer trucks per FMCSA’s March 2024...
The Impact of Freight Factoring on Your Business Credit Score
The best business credit score depends on the reporting agency. For FICO, the range of 0 to 300, with 300...
Freight Factoring for Mixed Cargo Fleets: Addressing Specialized Financial Needs
Mixed cargo fleets are made up of a variety of commercial vehicles that haul different loads. You might have big...
The Benefits of Same-Day Payment for Independent Truckers
According to the Federal Motor Carrier Safety Administration, there were 922,854 independent (owner-operator) trucking companies at the end of 2023....
How Freight Factoring Can Help Trucking Businesses Manage Seasonal and Weather-Related Delays
As winter arrives, some areas of the trucking industry pick up and others dwindle down. When you own a trucking...
Discount Fuel Cards vs. Credit Cards: Which Is Best for the Trucking Industry
As a trucking company owner, choosing the right financial products and tools plays a big role in your success. One...
Questions to Ask Before Signing Up with a Factoring Company
There’s a service that is vital to startups and businesses that want to grow. It is a service where the...
The Impact of Fuel Prices on Trucking: Strategies to Mitigate Rising Costs
During the pandemic, fuel prices dropped substantially due to dwindling demand. People weren’t going to work or school, so prices...
How to Leverage Factoring Services to Negotiate Better Contracts With Shippers
A shipper is a company or party that is ultimately responsible for getting goods to a customer. It might be...
How Freight Factoring Helps You Handle Seasonal Variations in Trucking Demand
Seasonal variations play an important role in any trucking company’s cash flow. It’s super busy with the holiday shipments, but...
Insurance for Trucking Companies: How Do You Know Which Policy Is Right for You?
Commercial auto insurance isn’t just an optional purchase. It’s legally required of any motor carrier before a Federal Motor Carrier...
Freight Factoring: Discussing Common Myths
Factoring helps you keep cash on hand for the slow periods and reduces the amount of...
The Future of Freight Factoring: Trends and Innovations to Watch for in Q3
S&P Global Ratings just dropped its rating on Accuride, a company that manufactures commercial truck parts. By the end of...
How Can Independent Truckers Find Loads? Tips & Tricks
In a competitive trucking landscape, it can be challenging for independent truckers to find loads. There are 13.86 million trucks...
Same-Day Payments With Freight Factoring Services
You're in an industry that is essential to so many aspects of commerce, construction, and disaster recovery. Truckers keep retailers...
Line of Credit vs. Freight Factoring: The Best Option for Your Business
Every company has experienced clients who do not pay...
Funding for Independent Truckers: How to Find Loads & Get Paid
You have an owner-operator who drives a truck they’ve purchased and has to do all of the paperwork...
Freight Factoring Myths: Debunking Falsities in the Trucking Industry
Freight factoring is a beneficial service provided to owners and owners/operators in the trucking industry...
Picking the Top Freight Factoring Company: Tips For a Seamless Partnership
One of the easiest ways for trucking companies to keep a constant cash flow is through a freight factoring partnership....
Trucking Tips: How to Get Paid Faster for Freight Deliveries
One of the biggest hassles in the trucking industry are slow payment cycles. When you’re driving loads for a broker...
Invoice Factoring vs. Freight Factoring: What’s the Difference?
It’s hard when clients pay invoices late. If...
How Does Freight Factoring Work? Insights From the Industry’s Factoring Leader
The global economy relies heavily on the movement of freight from manufacturers to warehouses...
Q2 Trends in Transportation: Insights From Trucking Industry Experts
One of the most...
Freight Factoring vs. Invoice Factoring: Which is Best For Your Business?
When your goal is fast payments, freight factoring and invoice factoring are both solid choices...
Freight Delivers For Independent Truckers: Get Paid Fast
How long does it take before you get paid? If...
Insider Tips to Get Paid Faster for Truck Deliveries
It’s alarming when...
How Freight Factoring Services Improve Cash Flow for Trucking Businesses
A Texas trucking logistics company filed bankruptcy in January listing up to...
Financing for Small Fleets: Why Freight Factoring Is a Must
Of those, 24,806 were one-truck owner-operator trucking...
Freight Factoring for Small Businesses: What to Look For in a Partnership
Already in 2024, a Fort Worth transportation and logistics provider...
Freight Factoring for Large Fleets – Maximizing Your Business’ Potential
In the busy trucking industry, large fleets...
Choosing the Best Freight Factoring Company – Factors to Consider
It’s time to come up with a better way to keep money flowing...
Freight Factoring Versus Line of Credit – What’s the Difference?
Most people understand the basics of a line of credit...
Why Trust TBS as Your Freight Factoring Company?
As the global economy continues to change, many trucking companies may be struggling to secure...
Benefits of Choosing TBS
It’s important to pick the one that goes above...
How Fuel Cards (and More) Save Truckers Money
High fuel costs and ways to combat them...
4 Quick Tips to Picking an Insurance Company
As an owner-operator, vehicle insurance is critical...
Understanding Retirement Accounts
If you don't want to work forever, you need to invest for your retirement.
Tech On-the-Go
Modern times require business owners to embrace technology...
Fixed and Variable Costs Explained
Knowing how to optimize your costs can make running your business...
How to Be a Pro at Leasing a Truck
Leasing means you’re paying for the use of that truck...
Easy Ways to Stay Safe
According to the Insurance Institute for Highway Safety...
Dealership Service and Repair Tips
Whether you’re a seasoned driver with years of experience...
8 Quick Tips to Save on Health Costs
Healthcare costs can be stressful for anyone...
5 Ways to Avoid Financial Trouble
As an owner-operator, managing finances is a big part of the job...
How to Use Your Time Wisely as a Driver
Picture this...
How to Get the Most Out of Your Tires
While tires don’t last forever...
How to Choose a Trailer
Is a trailer worth the investment? For many owner-operators...
Cold Weather Quick Tips
When the cold season approaches...
4 Ways to Save Money on Fuel
Fuel is one of the highest variable costs in the transportation industry...
Winterizing Your Rig
Properly preparing and maintaining a vehicle...
Tires
Commercial truck tires are one of the largest operating expenses...
Steps, Handles, & Deck Plates
Collisions with other vehicles...
Vehicle Inspections
The importance of pre- and post-trip vehicle inspections...
Prep Your Rig For Summer
The benefits of regular vehicle maintenance...
Engine Life
Properly maintaining a diesel truck engine has many benefits...
Total Vehicle Alignment
Total vehicle alignment is often overlooked...
Seven Steps To A Stress-Free DOT Physical
Be prepared. If you come to your DOT physical appointment prepared...
Improve Freight Working Capital
Trucking can be a rewarding career...
How To: Save on Fuel
TBS makes it easy to save money on fuel...
Things You Should Know: Short Pays
A SHORT PAY IS WHEN THE BROKER/SHIPPER PAYS LESS...
Non-Recourse vs. Recourse Factoring
What is freight factoring? Freight factoring is a financial tool that provides you with immediate working capital...
Fast Funding in Three Simple Steps
Don't wait for brokers and shippers to pay their freight bills...
Things You Should Know: Advances
What amount does TBS advance? We can advance up to 50%...