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The jobs report that came out Friday indicated a total of  217,000 jobs gained although no change to the unemployment rate which is still at 6.3%, there were gains  in the transportation-warehousing sector which rose by 16,000 in May.  The industry over the prior 12 months has added average of 9,000 jobs per month, and in May transportation had 6,000+ and 4,000+ for messengers and couriers. Other sectors showing job gains throughout the year included manufacturing which added 105,000 jobs and both sectors (transportation and manufacturing) should maintain gradual growth for the next 12 months. We welcome the comments of individual truckers/carriers and their opinion on how they expect the industry to perform through next year.

How satisfied are you with your existing freight factoring company?  There are many options available to trucking companies, options that you may not know are being offered by your current trucking factor. So if you are unhappy with your existing factoring company, before putting too much time and efforts in searching for a new factor, just give your trucking factor a call and tell them what you want, they could be offering options that you may not ...

Factoring is one of the quickest methods for trucking and transportation companies to raise working capital. Used by almost every industry, factoring allow companies to raise the needed capital in just a few short days for expansion/growth, restructuring or survival. There is no need to wait 30-60-90 days for your customers to pay your invoices/freight bills, freight factoring advances monies to you on your outstanding invoices now.   Trucking factors can advance funds on freight bills very quickly, normally in a day or two after you contact them, and in some cases that same day. The factor then gets paid back when your customers pay in 30 to 90 days. Factoring is converting your freight bills/accounts receivables/invoices for cash, thus allowing you...

U.S. Transportation Secretary Anthony Foxx recently announced a $2.5 billion investment which was outlined in President Obama’s Fiscal Year 2015 budget as part of his commitment for continued investments in the transportation infrastructure.  The plan calls for the construction and/or completion of rail, rapid bus transit and streetcar projects in 16 states undoubtedly helping these communities create or sustain thousands of construction-related jobs and help expand transportation choices for hard-working families.  As Secretary Foxx stated. “We are committed to ensuring that every American has access to the ladders of opportunity that lead to success – and access to public transportation is essential to making that happen.” We ask our visitors to opine on the White House continued support for the transportation sector, is it boosting confidence in the industry in general?

The US Department of Commerce Secretary Penny Pritzker continued business expansion talks with Mexico should benefit several sectors of the U.S. economy including transportation. Her efforts should boost business opportunities for U.S. companies in Mexico, her meetings with Mexican business and political leaders included talks on trade and investments between the two nations, discussions also covered the recent passed telecommunicatio...

How are trucking factoring companies doing?  As you probably noticed, the trucking factoring industry has become very competitive, trucking factors are constantly improving customer service and searching for ways to better service their customers, in general a trucking factor is a good guy that specializes in providing the needed cash to their customers with a sincere desire to actually help the customer. Give us your feedback, what else can trucking factors do to better service their clients? We ask our blog members to participate and post their comments, what you would like to see in ways of improvements in the trucking factoring industry?

We want to wish all trucker's out there and their families a Merry Christmas and a very successful New year! Stay Safe! Here's a poem by an Unknown Author which we think is appropriate for Trucker's and specially the ones on the road this Christmas When God Made Truck Drivers When the Lord was creating Truck Drivers, he was into his sixth day of overtime when an angel appeared and said, "You're doing a lot of fiddling around on this one." And the Lord said, "Have you read the spec on this order?" " A truck driver has to be able to drive 10-12 hours per day, through any type of weather, on any type of road, know the highway traffic laws of 48 states and 10 provinces, he has to be ready and able to unload 40,000 lbs of cargo after driving thru the night, sleep in areas of cities and towns that the police refuse to patrol." " He has to be able to live in his truck 24 hours a day 7 days a week for weeks on end, offer...