Used Class 8 Truck Sales Are Picking Up — But Buyers Aren't Going All In Just Yet
The used truck market showed more life in March, and if you're an owner-operator or small fleet watching every equipment dollar, that's worth paying attention to.
ACT Research reported that preliminary...
For a long time, one of the clearest signs of how weak the freight market had become was the gap between spot rates and contract rates. Contract freight was paying better, spot freight was lagging behind, and a lot of small carriers were stuck trying to make bad numbers work.
That gap is...
The U.S. Supreme Court is weighing a case that could have a real impact on freight brokers, small carriers, and the way freight gets booked across the country.
At the center of it is a legal fight over whether freight brokers can be sued under state negligence laws for hiring an unsafe carrier...
Freight fraud is no longer just a shady broker problem or a bad load-board story. It is becoming one of the biggest business threats in trucking, and the criminals behind it are getting smarter.
That is what makes this week’s reporting so important. The newest industry data shows that freight...
The FMCSA has issued a warning that could catch some carriers off guard, especially those who think a DOT number or operating authority can be bought, sold, or leased like a business asset. The agency’s message is blunt: outside of a legitimate corporate transaction, that kind of deal can lead...
Here’s the article body first, then the meta block.
Lease purchase and traditional financing can both put a driver in a truck, but they are not the same kind of deal. That is where many people get confused. On the surface, both paths may look like a way to work toward ownership. In reality...
Lease purchase trucking tends to get hotter when freight starts to turn. That is where the danger begins. When rates improve, more drivers start thinking about ownership, and more carriers start pushing programs that promise a faster path to getting there. That kind of market shift can make...
Lease purchase trucking gets a lot more attention when freight starts showing signs of life. That makes sense. After a long downturn, any improvement in rates can make truck ownership look possible again. When the market begins to firm up, more drivers start thinking about taking the next step...
Obtaining your Motor Carrier Operating Authority is a crucial step in becoming an independent trucking business. It involves applying for your USDOT number, submitting your operating authority application, and securing the right insurance coverage. Experienced owner-operators, what advice do you...
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