Protect Yourself and Your Load

Protect yourself and your load with free credit checks 24/7 and have peace of mind knowing your receivables are financed by WEX Bank, an FDIC Insured financial partner. With rates starting as low as 1%, we can tailor a program to meet your needs. Plus, you’ll receive: Full Advance on your invoices Free same-day funding with FleetDocs Affordable buyout options 24 hour account set up Free fuel card funding Contact me today to get started! Sincerely, Ashli Leonardo Manager, Financial Sales WEX/ Fleet...

What Do Truck Drivers Make

Most companies pay OTR(over the road) drivers a per mile rate.  This can be anywhere 28-41 cents depending on the skill level of the driver.  That is for long haul big distance.  For local and shorter haul the driver is usually paid per hour.  Usually 15-20 dollars. If an over the the road driver runs 2500 miles a week.  The driver can expect to make between 700 and 1025 per week.  That comes out to 36,000 to 53,000 per year.  The bad part about per mile is that if they don’t drive they don’t earn but on the good side if you like to drive a truck then you can make some pretty good money. Tip:  Make sure you have a good dispatcher and get paid for dead head miles. Small  and big trucking companies both have advantages for drivers.  Smaller companies may have more incentive to keep drivers happy and larger companies may just treat you as a number.  Bigger companies may have better...

If Retail is Dead Then Is Trucking Dead. Will we all just work for Amazon

The buzz around retail is that it is dead.  All the big stores are having issues apparently and everyone is going online to Amazon for purchasing.  Walmart vs Amazon is a fierce battle for the lowest.  I am not sure that retail is dead though.  from the articles I have been reading it looks like it is changing and might be dead for some of the larger anchor stores but not for the rest of the stores.  I think retail may need to be retooled and stores like JC Penny and Belk may have issues in some of their markets but in some areas they will be thriving. Boutique shopping is in and being fast to market is the key to success.  If Kim K wears something the next week it is in a store like forever 21 or Zara but not in JC Penny.  People are used to instant fashion that only lasts a few months.  Disposable culture.  Stores like JC Penny Macy’s and Belk are just a few of the stores that are working hard to embrace this culture and meet the demand.  Doesn’t mean that for example in Arkansas where Belk is a staple it probably won’t go anywhere. But say in Dallas it may not be as popular and some of the other stores at the malls. One example of stores that I think will make it is Fossil.  This company makes some the best watches and is working to adapt to how people are using watches.  Technology is king and they are the only company that I know that actually puts technology into beautiful watches.  The stores are...

Do the 3 OClock-Hustle

Get your 3 o’clock hustle on! This is an excellent time of the year to score some really high-paying loads, and to be the one who saves the day for your customer. I am getting excited, because it’s been two years since we’ve seen such strong demand for trucks, and that demand is incredibly important when you get ready to hustle. What is the 3 o’clock hustle? When demand is high, truckers get less excited about hauling at the current market rate, and a lot of freight deliveries get rescheduled to the next day. As pressure continues to build, and rescheduling is no longer an option, that’s when 3 o’clock becomes hustle time. You’ll know it’s hustle time when there are more team runs posted than usual. You might also see what looks like the same load posted by multiple brokers. That’s because shippers lose patience with that one broker who failed to bring a truck to the dock, and the shipper may give that same load to several brokers until one of them can secure a truck. You can save the day If you’re a carrier and you want to hustle in this high-demand market, remember that it is your responsibility to save the day. If you have a good relationship with a broker, you can save the day by committing to the load, so your broker is the one who wins the shipper’s business. Other carriers might decide that the load that pays the most is the one that needs to be saved the most. I personally have benefited in the past two years from relationships I’ve...

Uber Freight Wants To Get Into Trucking – This is what they should do

So everyone has heard that Uber has actually entered in to the transportation space by starting up a freight brokerage company call Uber Freight.  They use some software and have literally become the Uber of Freight themselves to match drivers with freight.   I am speculating that the software is awesome and based on the comments I have read on blogs is that drivers really like it the convenience of the app. I think Uber can do a lot better then a freight brokerage and I can only assume that they have some better plans then to simply operate a freight brokerage business with some technology attached to it. I think Uber should buy an LTL carrier. They have a crazy 70 billion market capitalization and people want them to make some big moves.  They should by SAIA or AAA Cooper or maybe even go big and buy XPO Logistics.  There are a lot of options out there. Here is why… 1st LTL is local and long haul all in one. They can use their app to work with local drivers to make pick ups and deliveries.  Uber is really good at local because it is has so much experience with ride sharing.  They could use people with straight trucks to to make pick ups and deliveries.  Presumably for a lot less then operating and owning their own fleet. 2nd – Uber freight could use its app to send the freight over the road to each of the other hubs.  They can use the app to assign Freight  to driver standing by ready to go to a certain place.  This also trains...

How To Avoid Fraud When Using a Load Board

Trucking is a huge industry and believe it or not there is fraud.  As the industry moves to take freight brokers out of the middle of the transaction it opens up an unregulated marketplace that is ripe for fraud.  Take a few steps to protect yourself. I was taken one time working as broker in a double broker scam by this guy.  Double broker scam is where a fake trucking company calls the the broker and offer to pick up the load.  They usually ask for a cash advance and quick pay and then they turn around and book the load with another carrier that they never pay.  Load gets delivered and then 30 days later the broker gets a call from the real carrier demanding payment. So in this scenario how can truckers protect them selves from being the guy or girl who gets screwed or how does a driver do business with a shipper directly and how do they insure they will get paid.  Freight is a tricky thing because its a service and once the service is done the sense of urgency to pay the $4000 bill is not quite as high as it was when that load needed to be picked up and delivered. Shipping with a broker – Check the surety bond.  Drivers and brokers don’t really like each other but one thing that is nice about doing business is that freight brokers are required to carry a surety bond of 75,000 dollars.  This is a protection against not getting paid by the broker. So always just just give a call to the bonding...