Category: Business Management
June 17, 2024
A Brokering Guide for New Authorities
Starting out in the freight industry as a new motor carrier is both exciting and nerve-wracking. One of the most important relationships you’ll need to build is with freight brokers. These intermediaries play a huge role in helping you get loads, negotiate rates, and ensure everything runs smoothly. Let’s dive into how freight brokers can…
June 7, 2024
What Can You Do As a New Broker to Build Relationships
Entering the world of motor carrier brokerage can be both exhilarating and daunting. As a new freight broker, one of your primary goals should be to build strong, lasting relationships with carriers and shippers. These relationships are the foundation of your business and can significantly influence your success. Here’s a comprehensive guide to help you…
May 9, 2024
BOI Reporting for Trucking Companies
Behind-the-scene of every operating trucking company is a web of regulations and paperwork. For truck drivers, staying compliant is not only a legal requirement but a major component in ensuring that their company is running efficiently so they can stay on the road. One new aspect for companies to understand is Beneficial Ownership Information (BOI)…
April 11, 2024
Understanding The New DOL Rules: W-2 Employees vs. 1099
The Department of Labor (DOL) has thrown a curve ball introducing new rules, shaking up how we define W-2 employees versus 1099 contractors, effective since March 11th, 2024. There have been a number of questions coming from our clients with Motor Carrier HQ about the new DOL rules. The DOL aims to bring clarity to…
February 21, 2024
FMCSA Issues Fake Safety Audit Scam
It’s crucial to stay on top of things in the fast-paced world of trucking, and right now, there’s a serious heads-up from the Federal Motor Carrier Safety Administration (FMCSA). There’s been a rise in fake safety audit emails targeting truckers. Understanding the Scam The FMCSA has spotted several shady emails pretending to be official safety…
December 20, 2023
4 Ways to Save Your Trucking Business Money
In the fast-paced and competitive world of trucking, staying ahead means more than just transporting goods. It also requires a keen eye on your bottom line. The trucking industry is the backbone of the global supply chain, but it’s also a sector where profit margins can be razor-thin. For trucking business owners, finding ways to…
September 20, 2023
Why Maintaining Your Truck Is Good For Business
As an owner operator, you quickly learn that taking care of your fleet is an important part of the business. And accepting that you’ll always have maintenance and repairs popping up at inconvenient times will help you stay in a proactive mindset when it happens (it’s all about managing those expectations, right?).
September 11, 2023
Build and Improve Your Trucking Company’s Credit Score
Most owner operators have experience with personal credit. The helpful thing is that business credit – for the most part – is pretty similar. Getting trucking credit is important because it’s a huge way to build your business foundation so that you become more established.
November 28, 2022
6 Ways to Protect Your Business from Scammers
Outfitting your new business — especially if you’re a new owner-operator — means also outfitting your security measures and taking time to evaluate any gaps in your security knowledge. While life would be a lot easier if we could trust every business, person, or contract that comes our way, bad players do exist. Knowing what…
November 22, 2022
How the Trucking Industry Will Change in 2023
Without a crystal ball, no one can predict 2023 changes and trends for the trucking industry with 100% certainty, and there are many conflicting opinions on what it could look like. Add in a national discussion about how and when the economy can successfully bounce back from the complicated impacts of a long pandemic and…