If you run a business, it’s always good to have accounts receivable. Accounts receivable means people owe you and there’s money in the pipeline. But while it’s better to have people owing you than it being the other way around, accounts receivable amounts to money that you can’t really use. Accounts receivable is future money…
The ongoing shortage of drivers in the trucking industry is beginning to have an impact on the way some companies do business with them. In the past, customers used reliability scorecards to reject some truckers and keep others waiting for hours. Well now, thanks to surging freight demand and a shortage of drivers, the tables have started to turn. Now,…
There are many factors that can affect profits for the trucking industry. Everything from fuel costs to maintenance expenditures can make a huge difference to the bottom line for trucking companies. So, when new tolls are announced it is not taken lightly. Now for truck drivers who use I-90 and combined I-80 in Indiana, a route commonly referred to as…
As time and the economy change, so do people’s behaviors and expectations. What was once acceptable and considered the norm, may no longer be living up to expectations. Nowhere is this more evident than in the food and beverage industry. Today’s consumers aren’t satisfied with a simple meal anymore. Americans now spend more money on dinning out than they…
Part of the cost of any product must include the costs of packaging and because of this, it is important to take a variety of factors into consideration. Everything from materials used to product positioning plays a part in the final cost of packaging. Like any other part of product delivery, packaging can make a difference…
The U.S. is ready to up the ante in the escalating trade war between the world’s two biggest economies by announcing that it will soon begin to impose 25 percent duties on an additional $16 billion in Chinese imports. In a recent emailed statement, the U.S. Trade Representative’s Office said customs will begin collecting the duties on 279 product…
The trucking industry is facing a critical shortage of qualified drivers and is looking for solutions. As older truck drivers are retiring, the trucking industry is having increasing difficulty in finding replacements. The fear of a more serious driver shortage has prompted industry representatives along with some politicians to look at changing federal safety rules by lowering the…
One sage said: “It is easier to save money than it is to make more.” That may or may not be the case for you, but if you follow the steps below, I can pretty much guarantee you that you will save at least $250 a month and maybe $500 or more. How many more…
Robots are taking center stage in the effort to stay competitive in many areas of the transportation and logistics sector. In particular, warehouse robots are one of the current trends to watch. There are very few who can argue that robots can make a warehouse run better. For many warehouse managers robots are one of…
The economy is on a tear and there is no end in sight. The result is a strain on trucking resources, including equipment and labor. There aren’t enough trucks and the shortage of truckers to drive them is making headlines like this one just days ago from “The Street,” America’s Massive Truck Driver Shortage…
You must be logged in to post a comment.