Editorially reviewed articles and updates on trucking operations, compliance, permits, factoring, insurance, and taxes.
Proof-of-delivery documents get rejected or delay payment for a handful of recurring reasons: missing or illegible signatures, missing date/time stamps, photos that are too dark or cropped to…
Under federal rules, a commercial driver's license (CDL) is generally required to operate a single vehicle with a gross vehicle weight rating (GVWR) of 26,001 lbs or more,…
Startup costs vary widely by equipment type and business structure, but new trucking businesses generally need to budget for several categories: business formation and USDOT/MC registration fees, commercial…
Owner-operators generally benefit from keeping organized records across a few categories throughout the year rather than reconstructing them at tax time: fuel receipts and IFTA quarterly filings, maintenance…
In recourse factoring, if a broker or shipper never pays an invoice, the factoring company can require the carrier to buy back that unpaid invoice or offset it…
Factoring providers generally need a signed factoring agreement, a completed Notice of Assignment (so the broker/shipper is instructed to pay the factor directly), the signed rate confirmation, a…
A Notice of Assignment (NOA) is a formal notice sent to a broker or shipper informing them that a carrier has assigned the right to receive payment on…
Activating motor-carrier (MC) operating authority with FMCSA generally involves registering for a USDOT number, applying for the applicable operating authority (for-hire carrier, broker, or freight forwarder), filing proof…
The most important first step after a breakdown or a delay that will affect a delivery appointment is immediate communication — call your operations contact and, where applicable,…
The International Fuel Tax Agreement (IFTA) generally applies to a "qualified motor vehicle" used, designed, or maintained to transport goods and that travels in two or more IFTA…
News and market updates are provided for general information only and should not be treated as legal, financial, or regulatory advice.
