trucking profitability insights

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Current Trucking Tailwinds May Recede in 2019 According to Pundit: How Should You Prepare?

Posted 7:25 PM by
A recent article in Transport Topics, “Economist Noel Perry Says Strong Freight Market, Driver Shortage Won’t Last,” highlights industry expert Noel Perry's views that the current favorable trucking industry tailwinds will not be sustained though 2019. Presenting at the Transportation Intermediaries Association conference, Perry told attendees to “take... Read more →
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Capitalizing on the Rebound: The Trucking Industry’s Push to Maximize Growth

Posted 5:00 AM by
As 2017 came to a close, the trucking industry breathed a collective sigh of relief. After two challenging years, trends indicated a rebound in the industrial segment helping to improve production. Core issues remain – primarily with regard to the advanced average age of U.S. truck drivers and frequent employee... Read more →
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Top Three Things to Know About How Tax Reform Impacts Your Trucking Company

Posted 3:52 PM by
With the ELD mandate enforcement date behind us, owners of trucking companies can now focus on the next sweeping change to impact their business; implementation of the Tax Cuts and Jobs Act that was signed into law by President Trump on Dec. 22, 2017. Taxpayers have not been subject to... Read more →
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Maximize Value in the Short-Term for Long-Term Gains

Posted 6:12 PM by
This article originally appeared on ttnews.com. Recent company mergers and initial public offerings have brought the value of trucking companies to the forefront. Knight Transportation and Swift Transportation merged, and Schneider raised $550 million in its IPO. Daseke shares debuted as part of a deal valuing the company at... Read more →
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Blockchain: How This Emerging Technology Could Transform the Transportation Industry

Posted 3:43 PM by
KSM and KSMTA Join Transportation Industry Alliance to Drive Blockchain Standards There is little doubt that blockchain – the newest buzz word in technology – has the potential to change the way transportation carriers interact and transact with each other. Support of this enterprise solution, which documents transactions that are important to... Read more →
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5 Ways Carriers Can Increase Profits in the Current Strong Market

Posted 3:07 PM by
The calendar year may be winding down, but the market for trucking is continuing to ramp up. The good news for carriers is that all economic indicators show the freight market is only going to continue to improve. Within the third quarter alone, strong trucking performance drove up rates, setting... Read more →
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Katz, Sapper & Miller Receives National Recognition

Posted 8:48 PM by
Congratulations to our friends and partners at Katz, Sapper & Miller for being named a Best of the Best Accounting Firm. KSMTA is proud to be part of the Katz, Sapper & Miller Network. 16th Year KSM Has Been Honored as a Top 50 Accounting Firm in the Country Katz, Sapper & Miller (... Read more →
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Abel to Speak at 2017 Surface Transportation Summit

Posted 3:24 PM by
Brian Abel, a freight network engineer with KSM Transport Advisors, will speak at the 2017 Surface Transportation Summit Oct. 11 in Ontario, Canada. The conference offers numerous sessions to present shippers, carriers, and industry suppliers with insights into the state of surface freight transportation in North America. Abel’s session, “... Read more →
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Make Everyone in Your Trucking Company Responsible for Profit

Posted 6:17 PM by
Profit is a state of mind. In fact, it is the overall fuel that powers your trucking company. The idea that the profitability of your trucking company depends solely on the owner or CEO is a traditional mindset that has become antiquated, especially in this difficult economic environment. Profit should... Read more →
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Prepare for Change: ELDs, Autonomous Trucks and the Future of Trucking

Posted 6:23 PM by
The electronic logging device mandate could be a “shock and awe” event that reduces capacity and increases freight rates, and it will create a “data explosion” that could reduce driver detention time. Meanwhile, autonomous trucks will not replace drivers any time soon, and new investors are showing interest in the... Read more →
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