Truck Financing: Purchasing a truck is a major financial investment that involves a significant amount of preparation. The decision of how to finance a truck involves several key steps and will require you to do a fair amount of research to prepare for your purchase. Many commercial truck lenders are…
A BOC-3 is a United States federal filing that designates legal agents upon which process may be served. It pertains mostly to individuals or companies in the transportation and logistics industry, and it is often required before certain federal operating authorities can be granted within the United States. BOC stands…
Commercial truck insurance is a necessity for many businesses. Commercial truck insurance is designed to protect vehicles used for business. Though commercial truck insurance can be more complex than regular vehicle insurance, the process is fundamentally similar. Commercial insurance for your truck can be purchased directly from an insurance company…
Domestic trucking is the most common way to transport products and materials throughout the United States. Ranging from fresh produce to project materials, or even hazardous goods, all LTL truckloads are subject to regulations imposed by the U.S. Department of Transportation. The cost to ship materials from one place to…
Factoring is a business finance tool used by firms to increase cash flow. A factoring company provides business finance in the form of immediate cash advances for the transfer or sale of a target firm’s accounts receivable invoices. It makes money from interest and fees. Typically pays 80% of the…
Trucking companies throughout the United States have installed Global Positioning Systems in their trucks, which allow companies to monitor their fleets and keep better track of customer goods. Also, GPS monitoring allows companies to keep track of employees who are driving recklessly. GPS trucking software enables you to have better…
Logistics officers handle the distribution of a company’s merchandise. They work for retailers, manufacturers and many other industries, loading and unloading packages and sometimes even equipment. Most logistics officers are employed in warehouses, although some work on putting loads on docks, where they remove or place items on large trucks,…
Your truck is both a tool and an investment. Protect it with regular maintenance to ensure it will function without complications and last a long time. While people use their trucks for a variety of duties, the maintenance checklist is typically the same. There are a few parts in the…
Truck freight is arranged through trucking companies and freight brokers; charges for the same shipment may differ quite widely between them. To figure truck freight charges you will need to provide as much information as possible on what you’re planning to ship, and time to gather quotes. Knowing how to…
Vehicle inspection is a procedure mandated by national or subnational governments in many countries, in which a vehicle is inspected to ensure that it conforms to regulations governing safety, emissions, or both. Inspection can be required at various times. Trucks weighing tens of thousands of lbs. barrel along on highways…
The Federal Bridge Gross Weight Formula (also known as Bridge Formula B and the Federal Bridge Formula) is a mathematical formula in use in the United States by truck drivers and Department of Transportation (DOT) officials to determine the appropriate maximum gross weight for a commercial motor vehicle (CMV) based…
The FMCSA is a division of the United States Department of Transportation (DOT), which is generally responsible for enforcement of FMCSA regulations. The Department of Transportation has many explicit laws for logging when you are a commercial driver. Logging is the term drivers use to describe their time record entries…
Federal regulations for commercial truck drivers are written by the Federal Motor Carriers Safety Administration (FMCSA) and enforced by the Department of Transportation (DOT). These regulations help ensure highway safety and lessen the chance of unqualified drivers getting behind the wheel of an 80,000-pound vehicle. To become a truck driver,…
If your company transports passengers or goods, you may need a USDOT number. USDOT numbers uniquely identify your business and allow the USDOT to track safety records and ensure that you are adhering to all operating requirements. You can get your motor carrier number online for free from the Federal…
A motor carrier number is a license issued to for-hire carriers by the United States Department of Transportation. Motor carrier numbers are administered by the Federal Motor Carrier Safety Administration and are commonly referred to as USDOT numbers. Uses • A motor carrier number is a unique identifier for a…
Commercial hauling trailers are seen every day on the highways and roadways. Commercial truck drivers utilize these trailers to haul the products that we see on store shelves, in the office and around the home. Commercial hauling trailers come in many shapes and sizes, and all of them serve a…
