The rule to mandate electronic logging devices is good to go, the U.S. Court of Appeals for the Seventh Circuit ruled Monday. The requirement, published late last year and set for an initial implementation phase to begin in December 2017, was challenged by the Owner-Operator Independent Drivers Assn. and truck drivers Mark Elrod and Richard Engel.
Read MoreWith trucking insurance firms hiking premiums 10% to 30% in the wake of big claims, and with major companies such as Zurich Insurance Group AG and American International Group Inc. exiting the for-hire insurance market, it’s suddenly much tougher – and much more expensive – for truckers to obtain adequate coverage.
Read MoreStress costs money, and it takes a toll on you physically. There is no doubt about it. So how do you get relief from the everyday stresses of life?
Read MoreAs lenders to Owner Operators, we get that question on a regular basis. What is my truck worth? At Big Rig Lending, we use a variety of resources to determine value.
Read MoreThe combination of major trucking regulations like the DOT’s electronic logging device mandate and the EPA’s coming emissions standards, increasing fuel costs and a boost in manufacturing will likely lead to an industry capacity crunch and a big increase in rates, said forecasters this week.Transportation economist Noel Perry, speaking at the 2016 FTR Conference in Indianapolis this week.Even though rates have been in a persistent downward trend since early 2015, carriers may soon be asking thei...
Read MoreMy family and I had stopped by an antique store just west of Fountain City, and low and behold, there's a Big Rig that I just couldn't pass up going over and taking a picture of.
Read MoreIn honor of Truck Driver Appreciation Week, we are providing a special gift to our new customers between Sept 11th and Sept 18th, 2016.
Read MoreWhen people are borrowing money, it seems that there is one number that is of utmost importance. No, not your phone number or your DOT number. They want your credit number — your credit score.
Read MoreDuring Sept. 11-17 law enforcement agencies across North America will conduct brake inspections of large trucks and buses. They will be looking for out-of-adjustment brakes, and brake-system and anti-lock braking system (ABS) violations as part of the Commercial Vehicle Safety Alliance’s (CVSA) Brake Safety Week.
Read MoreIn the world of corporate finance, "Bridge" loans are an effective tool that Fortune 500 companies have used for years. There is nothing particular fancy about a "bridge" loan. It is just a loan facility that bridges the gap between two important events.
Read MoreBlue Bloodhound, the new online marketplace connecting qualified truck drivers with motor carriers, announced today it has successfully enrolled over 20,000 independent CDL truck drivers and owner/operators looking for additional work throughout the United States.The transportation industry is dealing with daily driver shortages and high levels of employee turnover which make Blue Bloodhound's six-month-old service so attractive. "Traditional recruiting methods often take weeks or mont...
Read More"While other companies have recently announced battery-powered semi-trucks, those trucks are restricted to a range of only a couple hundred miles and four to eight hours of charging between stops," said Founder and CEO Trevor Milton. "Nikola has engineered the holy grail of the trucking industry. We are not aware of any zero emission truck in the world that can haul 80,000 pounds more than 1,000 miles and do it without stopping.
Read MoreA storage and moving marketplace website recently ranked the top cities in the United States for truck drivers to live. The site SpareFoot found the 10 metro areas with the most truck driving jobs, then ranked those cities based on job availability, average annual salary for truckers, median home price and median annual rent.
Read MoreTrucking industry discussion of drivers—whether at association meetings, in the media, or over coffee at a truck stop—tends to revolve around the big picture, whether that’s cyclical driver shortages, turnover rates, wage stagnation, or long-term demographic challenges. But there’s plenty of available data (“more granular,” in biz-speak) that can be used to frame the discussion in a way that is meaningful for any fleet or driver looking for applicable insights.
Read MoreA new government forecast is calling for double-digit gains in diesel prices next year, while gasoline is expected increase by only half as much.
Read MoreWhat daddy's little girl wants, she gets — even if it's for her dad to babysit her doll for the day.
Read MoreHow much are you willing to invest to make your tires last longer? There is no shortage of tools or strategies available to help prolong tire life, and thereby reduce tire costs, but are they worth the effort and expense?
Read MoreMost truck owner-operators or fleet managers understand, at least in theory, the importance of preventive maintenance (PM). But a lot of owners still don’t plan as well as they could for regular repairs.
Read MoreNEW YORK (AP) — Two-thirds of Americans would have difficulty coming up with the money to cover a $1,000 emergency, according to an exclusive poll released Thursday, a signal that despite years after the Great Recession, Americans' finances remain precarious as ever. These difficulties span all incomes, according to the poll conducted by The Associated Press-NORC Center for Public Affairs Research. Three-quarters of people in households making less than $50,000 a year and two-thirds of those mak...
Read MoreTechnology in the past few years goes up rapidly this entails many technical advantages for human raise. Life is easier when we have big fleet of gadgets in our homes and some of them found a place in truckers cabs.Not having all the space and appliances that we have in our homes can be hard for all of us, but imagine how hard is this for truck drivers. Fortunately the tech gives substitute for major household appliances with smaller ones that are compatible with the constraints of space and tru...
Read MoreBreak down? Tire replacement? Insurance or taxes? Call Big Rig Lending. Owner-operators can get up to $25,000 in as little as 48 hours. Give us 10 minutes on the phone and 4 photos. We Lend. You Drive.
