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How To Find Loads For Your Trucking Company

Finding profitable freight is arguably the single most important activity that an owner-operator can do to promote success in their trucking business. It doesn’t matter if the country is going through a recession, a pandemic, or an economic boom -- your truck needs to keep rolling if you want to get paid. So, how do you find profitable loads? Let’s look at some of these ideas:

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Topics: 123Loadboard, Finding Loads

Key Trucking Industry Issues to Follow Us Into 2021

It goes without saying that 2020 was a challenging year. We’re taking a look back and shining a spotlight on some key trucking issues that we think will continue to impact drivers and fleet owners into the New Year:

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Topics: Trucking Trends

Truck Drivers Giving Back This Holiday Season

The holiday season has always been a time where people come together to give back to their communities. Whether it be donating money to a charity, volunteering with a goodwill organization, or making food for friends and families, the holidays are meant to be a time when communities share kindness and cheer wherever it is they hang up their hats.

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Topics: Giving Back

The Smart Move: Virtual Training for Truck Drivers

When it comes to ongoing driver training, companies have slowly started to add technology-based training techniques to their roster in an effort to supplement in-person training methods, which have historically been the preference amongst most fleet owners we know. The pandemic, however, is accelerating the transition to online training and learning. And, we think the change is a good thing.

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Hiring Military Veterans Can Help Beat The Driver Shortage

It’s no secret that the U.S. truck driver shortage is expected to more than double over the next 10 years as the industry struggles to replace aging drivers. Additionally, the COVID-19 pandemic has pushed shippers to accelerate products through their supply chains faster, thus increasing the demand for drivers even further. And, so in an effort to hire more drivers and effectively fill the void, many fleets are turning to the idea of recruiting U.S. military veterans as drivers.

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Topics: Driver Recruitment Best Practices, Hiring Military Veterans

Freight Benchmark Study Shines Spotlight on Shipper Payment Practices

The Journal of Commerce (JOC) recently released a freight payment benchmark study that examines the payment, invoicing, and related administrative practices of the shipper community.

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Topics: Freight Factoring, Freight Benchmark Study

Trucker Lifestyle: Top 3 Road Trip Holidays For Truckers

Air travel right now may not be the safest option in light of the coronavirus but, if you and your friends and family have a great sense of adventure, you can still have a fantastic time enjoying some of our country’s most scenic and exciting road trips.

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Topics: Trucking Lifestyle

Top 5 Gadgets For Truck Drivers 2020

   

Inclement weather, challenging driving conditions, health and wellness concerns while on the road -- these are all things that truck drivers deal with every time they head out for a short or long haul. While it may not be easy being a trucker navigating through today’s driver landscape, there are certain things we CAN control that can increase our creature comforts and safety. Check out Thunder Funding’s top 5 gadgets for truck drivers for 2020:

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Topics: Trucking Technology, Trucking Lifestyle

Spot Rates and Freight Demand on the Rise

The trucking industry has seen a positive turnaround due to increased spot market rates and freight demand. As we mentioned in a previous blog, our load board partners noted that June saw some bounce back after the significant declines the industry faced in April and May due to COVID-19. And, while we typically expect rates and demand to drop off for July and August, spot freight has continued to its upward trend.

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Topics: Freight Volumes, Spot Rates

Recruiting Women as Truck Technicians

According to a 2015 Bureau of Labor Statistics study, the trucking industry will need to recruit 67,000 new technicians by 2022 due to growth and to replace the men and women who are slowly starting to retire. Additionally, the study indicated the industry will need to potentially recruit another 75,000 diesel technicians just to keep up with market growth. Added on top of that, the economic boom in 2018-2019 led to a record number of commercial trucks sold. Why does this last point matter? Because newer trucks are so much more advanced compared to older models. Fleets are now going to need truck technicians who are technically sound enough to service these more sophisticated vehicles.

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Topics: Women In Trucking, Trucking Technology, Truck Technicians