California is one of the nations biggest importer and exporter. With its large ports and vast highway system, California provides the country with a huge gateway through which goods can flow in and out. With all the freight going in and out, and with it playing such a big part in the economy of the…
At the beginning of 2018 the future of the economy was a bit foggy and many had predicted problems for the retail industry. But it looks like things have changed, in a good way. For the retail industry there is anticipation that consumers will spend confidently throughout 2018. With market growth projected to reach somewhere around…
It is a common belief that if your small business can make it through the first three years, you have a good chance of making it. It is a fact that for every successful business you see out there, there are many that didn’t make it. Why is do some businesses survive, while others don’t? There can be many answers to that…
Key economic indicators for the trucking industry all seem to be showing that 2018 will be a good year in this sector. Freight demand is rising, rates are soaring, and truck sales are enjoying the highest levels in years. Kyle Quinn, general manager of Peterbilt remarked to Trucks.com that “We don’t see anything on the horizon that says…
It’s not often that a CEO’s innovative strategies can return positive results that are almost immediately quantifiable, but one rail carrier is doing just that. CSX, which is the nations third largest rail carrier has undergone a dramatic transformation over the past year. Driven by CEO E. Hunter Harrison, who died from a sudden illness just eight…
On June 11, the first two of 14 expected toll locations were to begin collecting tolls from tractor trailers in Rhode Island. A move which is being opposed by the American Trucking Association for obvious reasons. The first two gantries are located on Interstate 95 between exits 2 and 5. Passing through both of those will…
2018 promises to be a year of change for businesses of all sizes. There are the new tax laws that will be making a difference for many Americans. Health insurance is still a big issue in 2018 but the lack of decisions will drive changes anyway. Then there are the yet unforeseen things that can…
Simply put, cash flow can be defined as the net change in your company’s cash position from one period to the next. Having positive cash flow means you take in more than you send out and of course negative cash flow mean the opposite. As with most things it’s not a good to be on…
Everything changes with time, and so do business hiring practices. For a business to stay open, it needs employees and when those potential workers are changing their habits, the business must change too. This is the dilemma many businesses are finding themselves in today. Today, businesses are finding out that by excluding marijuana users as potential…
Whether you are just starting out or you’ve been in the trucking business for years or decades, the fundamentals of running a trucking business are the same. Like any other small business, your income has to exceed your expenses by enough to pay you a decent living. Simple as that. Or is it? Here are…