Why Is Commercial Truck Insurance For New Drivers So Difficult To Obtain?

Have you heard of the “two-year rule”? It’s an unofficial policy many insurance markets have towards truckers dictating that they won’t provide insurance until a driver has at least two years of experience. This leaves new truck drivers in a difficult situation; how do you get insurance when you’re just starting out?  In this article,…

Should We Be Worried About Truck Driver Retention?

The truck driver shortage is a real and pressing concern for the US economy. According to Statista, we’re currently in need of 80,500 more truck drivers than we have, and by 2030, it’s projected that we’ll be short a whopping 162,000 drivers. Many blame high turnover and low retention rates for this shortage, and on…

What Is The National Fuel Surcharge, And Who Pays It?

According to the U.S. Census Bureau’s Commodity Flow Survey (CFS), trucks transported 71.6% of all goods shipped in the United States in 2017 (the latest year statistics were available). Because of this, the recent spike in diesel fuel prices has had a major impact on the US economy.  Many blame the record-breaking prices on the…

What Is The Future Of Trucking With Autonomous Vehicles On The Rise?

On Dec. 22, 2021, TuSimple completed the first-ever fully autonomous semi-truck trip on open roads without any human intervention. While the 80-mile run from Tucson to Phoenix Arizona only lasted 80 minutes, it marked a major milestone for the trucking industry, especially considering the current truck driver shortage. The Harvard Business Review found that there…

When Is It Best To Use A Freight Factoring Company?

Truck drivers are known for, well, driving trucks, but that’s just the tip of the iceberg when it comes to a trucker’s duties. When you operate a trucking company of your own, you are simultaneously a freight broker, a business manager, a hiring manager, an accountant, a decision maker, and of course, a truck driver….

Securing Your Own Owner Operator Authority

Even if you own your own vehicle, you can’t just call it a trucking business and begin hauling freight. In order to legally get paid for your trucking endeavors, you have to have operating authority: government permission to work for hire in interstate commerce. Owner operator authority is granted as a Motor Carrier (MC) number,…

3, 0 6 2, 1 4 2

Vehicles Have Been Processed by INSTANT 2290. File Yours Today!