trucking profitability insights
Posted Jun 11 2020 1:43 PM by
The evolving COVID-19 pandemic has caused the trucking industry to tackle rapidly changing operational and financial procedures. The Coronavirus Aid, Relief, and Economic Security (CARES) Act has provided economic relief to businesses and individuals, but many carriers are wondering how to best maximize the tax and loan provisions designed... Read more →
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comments (0)Posted May 26 2020 1:45 PM by
This article originally appeared on trimble.com. In the course of our consulting practice, we review and analyze many carriers’ freight networks. This consultation includes reviewing clients’ strengths and weaknesses when it comes to managing transportation services. While every carrier we visit uses transportation brokers, most do not have a... Read more →
Posted May 15 2020 8:00 PM by
This article originally appeared on FreightWaves.com. Why Can’t Everyone Get Along? We are in uncharted waters as a world, a country, and a freight economy. Networks have been disrupted, plants shuttered, trucks parked, and drivers unemployed. Carriers and brokers are doing what they can to get through the... Read more →
Posted Apr 2 2020 3:33 PM by
This article originally appeared on FreightWaves.com on April 2, 2020. At the end of the last century, when I owned and operated trucking companies, we used to daydream about how great it would be if some sort of capacity constraining event occurred and there were fewer trucking companies, and... Read more →
Posted Oct 28 2019 3:00 PM by
Virtually every over-the-road operation can improve its margins by investing in freight network engineering. In this webinar conversation, hosted by the Ohio Trucking Association Nov. 19 from 12:00-1:00 p.m. EDT, David Roush, president of KSM Transport Advisors, and Sherri Brumbaugh, president and CEO of... Read more →
Posted Sep 12 2019 7:12 PM by
Katz, Sapper & Miller’s Tim Almack, partner-in-charge of the firm’s Transportation Services Group, is featured in the 100th episode of Brand Outcomes’ podcast, “Recruit & Retain: Trucking Edition” hosted by Chad Hendricks. This episode focuses on how trucking companies can use process improvement to become more profitable in... Read more →
Posted Aug 22 2019 12:56 PM by
This is a frustrating time in trucking; a confusing time. Last year we were at record highs, record production, and record driver shortage. This year is the opposite.” – Craig Fuller, CEO of FreightWaves After 2018, a year that many in the industry considered a modern era peak, 2019 has been... Read more →
Posted May 29 2019 6:02 PM by
This article originally appeared on FreightWaves.com. What a difference a few months makes. The highly anticipated truckload capacity crisis and the ensuing truckload rate party lasted from late 2017 through late 2018. Beginning in early 2019 … surprise … the rate party was over. It feels like carriers have quickly gone... Read more →
Posted Mar 14 2019 6:00 PM by
This article originally appeared in the NAFC March 2019 newsletter. The Tax Reform and Jobs Act (TCJA) was the most comprehensive overhaul of the tax code in our lifetime, if not ever. We are just weeks away from the first tax filing deadline for returns that are fully impacted by... Read more →
Posted Mar 1 2019 7:00 PM by
Note: This article was originally published by TCA Truckload Indexes and is part of a series discussing results from the recent Knowing-Doing Gap Survey. When you contemplate the strengths of successful businesses, it is common to focus on a unique product or service offering or a creative marketing strategy... Read more →