Like most businesses, starting a wholesale distribution business has its ups and downs. The first two years of your wholesale distributorship’s existence will be the “learning” years, when you experience the ups and downs of…
Many in the wholesale and distribution industry are seeing change in the future as disruption causes a difference in how business is done. The industry is in a state of change and gone are the…
With the U.S. economy showing no signs of weakening, trucking companies are pushing retailers and manufacturers to pay more and adding to inflation pressures in supply chains. The latest reports from major trucking companies suggest gains are…
Keeping your cash flow in check is one of the most important things you can do to keep your new business going. You must always have enough money to pay the bills and keep your…
E-commerce created by retail giants like Amazon and others has been driving growth in many sectors that support it. Now the huge amount of business being done on line is starting to have an impact…
We are seeing the rise of the electric car in our roads today. With prices coming down slowly and battery charge time increasing, electric cars are looking a lot more attractive to more people. There…
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…
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…
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…
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…
