Mar 22, 2019 • Carriers

Industry Update March 22, 2019

Industry Update March 22, 2019

Trucking Industry Update March 22, 2019

By Jeremy Feucht

Did you Know?

March 22, 1933, President Roosevelt signed the Beer and Wine Revenue act, which basically killed Prohibition. This started the shipment of alcohol again in earnest and culminated in the signing of the 21^st Amendment in December of 1933, officially ending Prohibition.

Trucking tip of the Week

Getting loads to the final destination on time is key to getting paid the full rate. During the Spring, especially this Spring, wind has been a major factor. Trucks, being top heavy, are easily tipped over. Pay attention to wind speeds in the area you are going through, in particularly through the Plains. Being late is better than not getting there at all.

Declarations of Emergency

This section has been a constant for the last several weeks. This week is no different. Nebraska is having massive flooding issues and are in desperate need of water, fuel and many other items. Make sure you are planning accordingly if your route takes you through Nebraska.

Toll Road Fight

The ATA sued the state of Rhode Island on their implementation of toll roads. The suit was initially brought up in July of 2018 but is just now being ruled on. Unfortunately, the suit has been dismissed but not due to the legality of the law. The presiding judge felt that the suit should be brought up in state court first. The ATA has declared that they will continue the fight.

Legislation

If you drive in the agriculture business, a new piece of legislation has been introduced that you need to keep an eye out on. HR 1673, The Agricultural Trucking Relief Act, has been introduced by Representative Austin Scott (R-GA),is set to further clarify what is classified as an agricultural commodity. While the full bill has yet to be released, you will be able to read the bill in its entirety here when its released.

TagsATA trucking Declaration of Emergency Legislation weather Wind Nebraska beer wine Toll Roads Rhode Island

Trucker Spotlight - Carolina Ortega <em>The Trucker Spotlight series explores the lives of truckers and their journey to make a difference in their industry. We interview different truck drivers to understand some life lessons that make them who they are today. We also learn more about their motivations, and the problems that they encounter on the job. We also tackle how Trucker Path's solutions helped them with what they do. The information that they provide helps inform other people who are looking to delve into the trucking world.</em> <h2></h2> [img src="https://truckerpath.com/uploads/2020/05/65456837_2341965182724336_3750110940285108224_n.png" alt=""] <h2></h2> Working as a truck driver at a logistics company, <strong>Carolina</strong> started a Youtube channel "Loira na Estrada" which means "Blondie on the Road", where she gives us a glimpse of her day to day trucking life. She drives an 18 wheeler (VOLVO VNL 860) across United States. We're honored to have a chance to interview her and get a glimpse of her trucking lifestyle. <h2></h2> <h3></h3> <h3><strong>What made you decide to be a trucker?</strong></h3> The freedom and the lifestyle that this job offers amazes me, plus driving a big machine like that is a honor for me. <h2></h2> <h3><strong>How many years have you been driving? What are the significant changes that you've noticed in the trucking industry?</strong></h3> I've been driving for around 2 years now. With the current crisis we are all experiencing, I felt a decrease on the number of the loads and a decrease of load prices on the market. <h2></h2> [img src="https://truckerpath.com/uploads/2020/05/b12.jpeg" alt=""] <h2></h2> <h3><strong>Are there any times of loneliness while driving? How do you deal with it?</strong></h3> I never feel lonely, because the freedom makes me happy and I have everything I always wanted. It’s peaceful, I love seeing new places, waking up in one place and go to sleep in another. Traveling every day really makes me fulfilled. <h2></h2> <h3><strong>As a trucker, what are the current struggles in this COVID-19 pandemic?</strong></h3> In the beginning of the situation with COVID-19 was hard to find masks and hand sanitizer in the truck stops. But being in the truck actually makes me feel more comfortable because I can keep doing what I am doing and it’s easy to avoid crowds. I'd say quarantine in the truck is the best quarantine you could ever have. <h2></h2> [img src="https://truckerpath.com/uploads/2020/05/b14.jpeg" alt=""] <h2></h2> <h3><strong>What are your usual routes? Favorite scenic truck route?</strong></h3> Definitely my favorite route is to drive on the historic Route 66, I love to take the original stretch of the Route 66 in Seligman, Arizona. I also love I-80 in Wyoming, I-15 from St George, Utah to Las Vegas is an amazing scenery, I-90 in Montana is mind blowing too, there are so many roads I love to take - mainly the ones in the west side of the country. <h2></h2> <h3><strong>Weirdest or most unusual haul?</strong></h3> Definitely live bees was the craziest load I ever took. It was in a flat bed truck when I used to work as a team. It was very crazy, adventurous and kinda funny sometimes. <h2></h2> <h3><strong>How often do you use rest stops / truck stops? What are the things that you look for in a truck stop? Favorite truck stop meal?</strong></h3> I use rest stops and truck stops every day either for spend the night, or to put fuel, to eat, to take shower, to use scales, etc. I’m not a fast-food fan so I prefer to find hot meals, more homemade kind food and soups at the truck stops. <h2></h2> <h3><strong>What Trucker Path features do you often use when you drive?</strong></h3> I use <a href="https://truckerpath.com/trucker-path-app/">Trucker Path</a> for everything I need about trucking during my work day. Like I can see where are the truck stops and accurate distances, I check the parking availability before I stop anywhere and this is very helpful because it is well updated. I can check if the truck stop I’m going has a shower, how many fuel pumps, scale, mechanic shop, facilities. The app also shows the stores phone number, address and reviews. Also i can see where the truck friendly Walmart’s are and the reviews made by other truckers. It’s perfect to find also authorized truck shop, diesel prices, weight stations (if they are closed or open). Well this app is so complete that I don’t see me working efficiency without it. <h2></h2> <h3><strong>Where can people watch your trucking videos on Youtube?</strong></h3> I currently have two Youtube channels: <h2></h2> 1. <a href="https://www.youtube.com/user/lindacarolvibe/featured">Loira na Estrada</a> - This is my primary channel. I mostly speak Portuguese here. <iframe width="560" height="315" src="https://www.youtube.com/embed/ZcwOZmFboyI" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> <h3></h3> 2. <a href="https://www.youtube.com/channel/UCqhudMXrchSUSkn3Tls83mg/featured">Blondie on the Road</a> - A lot of people requested me to do english videos and so here it is. <iframe width="560" height="315" src="https://www.youtube.com/embed/wchXA3YtS2I" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> <h2></h2> Hope you guys enjoy! <h2></h2> <h2></h2> <h4>By Aldous Aldwin</h4> <h3></h3> <h3></h3>

May 27, 2020 • Carriers

Factoring Costs - Comparing Factoring Rates [p] Freight factoring can be advantageous to your trucking company but there are some factoring costs that are misleading and comparing factoring rates as well as their offer details can help you maximize earnings. [/p] [h2] Factoring Costs [/h2] [p]There is more to the factoring cost than the factoring rate offered in<a href="https://truckerpath.com/blog/freight-factoring/"> freight factoring</a>. Freight factoring provides owner-operators an opportunity to better manage their cash flow and eliminate waiting to get paid. Factoring companies offer rates based on a variety of factors but there are several things you must understand when talking about the factoring cost.[/p] [p]Some require specific qualifications a client must meet to earn the best possible factoring rate. Others might require a specific volume of loads or long-term commitments (not quite 'til death do us part but nonetheless). Sometimes the lowest factoring rate won't provide you with the lowest cost to factor. [/p] [video id=IBCMtru_QMQ] [h2] Comparing Factoring Rates [/h2] [p]When comparing factoring rates a 1.5 percent factoring rate can cost more than 3.5 percent rate. Yes, you read that correctly. It's entirely possible that a lower factoring rate can actually cost you more. Let's say Factoring Company A who is offering a 1.5% rate and Factoring Company B is offering 3.5%. You're more inclined to factor invoices with Factoring Company A because the rate is better right?[/p] [p]While Factoring Company A's rate is lower, the overall cost to factor is not. This is due to fine print in Factoring Company A's contract where it included a variety of fees and commitments from you.[/p] [p]By breaking down the additional factoring fees and including them with the factoring rate we can compare the true factoring cost and decide which option is best for you. In this case, Company B would be the best freight factoring company for your trucking business. [/p] [img src="/uploads/2017/06/factoringrates.png" alt="My image"] [h2] Understanding the Differences When Comparing Factoring Rates [/h2] [p]Not all factoring rates are created equal. If you are interested in using a freight factoring company to help your cash flow, comparing factoring rates and determining the actual factoring cost can save you thousands. Some factoring companies aren't transparent and hope you won't see through some of their additional fees that lead to a higher factoring cost to you. [/p] [p]Remember to always read the <a href="https://truckerpath.com/blog/hidden-costs-to-factor/">fine print to avoid those hidden fees</a> in your factoring contract and understand the details that could lead to additional fees before committing to factor with a company. [/p] [p]Factoring companies like Trucker Path InstaPay offers non-recourse factoring with no commitment or fees. IntsaPay is completely transparent and you can easily get paid in a day by factoring right from your phone. It's perfect for owner-operators with a simple flat rate and no additional costs. [/p] [button text="MORE ABOUT INSTAPAY" href="https://truckerpath.com/sign-up-instapay/?utm_source=blog&utm_medium=ctacomparingratesJuly24" width="250px"]

Jul 25, 2017 • Carriers

Trucking Industry Update February 22, 2019 <h3>Trucking Industry Update February 22, 2019</h3> <h4>By Jeremy Feucht</h4> <h2><strong><u>Did you Know?</u></strong></h2> We all know that trucking carries roughly 73% of all goods shipped in the US, but did you know that 94% of all hazardous material moved in the US is shipped via truck? <h2><strong><u>Trucking tip of the Week</u></strong></h2> Trip planning is essential. If it is a lane you have never driven before, planning becomes all that more imperative. When you leave could mean the difference between hitting traffic in a big city or not. Many areas have low bridges that semis cannot fit under. You need to know how to get around those. Knowing the best places to fill up with fuel and where scales are so you are filling up after leaving a scale. Filling up after leaving a scale can help you stay weight compliant yet have a full tank of fuel. Plenty of things to think about when planning your trip. <h2><strong><u>Driver’s Pay</u></strong></h2> There are signs that companies may be changing the way they pay their drivers. For the Owner-Operator, that could be a good sign. As companies increase the pay for their drivers in hopes of stabilizing retention rates, fewer and fewer drivers will attempt the owner-operator method. This means more loads on the spot market for them to find. <a href="https://www.joc.com/trucking-logistics/labor/new-truck-driver-pay-model-aimed-capacity-retention_20190220.html">Companies are looking into salaries</a>, amongst other ways to pay their drivers. Wages will be dependent upon their track record and in some cases tenure within the company. <h2><strong><u>Technology in Trucking</u></strong></h2> Companies are doing many different things to ensure the quality of the driver they are putting behind the wheel. Instead of waiting on the government to figure out what should be the minimum amount of training needed before driving, <a href="https://www.beaumontenterprise.com/technology/businessinsider/article/America-s-fifth-largest-trucking-company-has-a-13630774.php">Xpress, the fifth largest carrier company in the US</a>, sought out advice from its own drivers. Moving away from the classroom type setting, Xpress is creating a technology-based, self-paced learning regiment. On top of that, they have created a virtual reality simulator that their prospective drivers must pass long before getting behind the wheel of an actual truck. Could this be the wave of the future? <h2><strong><u>Toll Roads</u></strong></h2> Much like Virginia did a few weeks back, Connecticut is moving away from an idea of placing a heavy burden on truckers moving through their state. The governor, Ned Lamont, had sought to <a href="https://cdllife.com/2019/governor-flip-flops-away-from-truck-only-toll-promise/">create Truck only toll roads in the state of Connecticut</a>. Due to legal issues, he has backed off that idea. Instead, he is looking at creating toll roads across the entire state for all vehicles. The chances of this happening are slim because people, while naïve to the plight of the trucker and they tend not to worry about things that indirectly affect them, will not be in support of something that adds a more direct burden on themselves.

Feb 22, 2019 • Carriers