For years, trucking companies focused on one thing: keep the wheels turning. But in 2026, there’s a new reality—you can run your trucks nonstop and still lose money. And for many, the biggest reason is staring them right in the face: insurance. Introduction The trucking industry is going through a quiet shift—one that isn’t always […]
When your insurance bill is higher than your truck payment—or worse, higher than the value of your truck—you have to stop and ask: does this still make sense? Introduction Owning a trucking company used to feel like owning an asset-driven business. You invest in a truck, put it to work, and generate income from it. […]
Every year, the renewal notice shows up—and it’s higher than the last. No accidents, no major claims… yet your insurance still goes up. Sound familiar? Introduction Trucking insurance today feels a lot like a leak you can’t quite find. At first, it’s barely noticeable—a small increase here, a slightly higher renewal there. You adjust, tighten […]
Owning your own trucking authority sounds like freedom—being your own boss, choosing your loads, and controlling your income. But here’s the part most people don’t talk about: behind that freedom are hidden costs that quietly eat away at your profits. Introduction Running your own trucking authority is a lot like owning a house instead of […]
Lawsuits have had a significant impact on the trucking industry in various ways. Here are a few examples: Increased insurance costs: Due to the potential for accidents and subsequent lawsuits, insurance costs for trucking companies have increased significantly in recent years. This can make it more challenging for smaller companies to compete in the market. […]
It just never gets easier owning a small business, especially if you happen to own a small trucking company. Assuming you where lucky enough to survive all 2020 had to throw at you, you still can’t relax. Why? Because 2021 is going to have a whole new set of obstacles to through at you. First […]
Landstar Earnings Down Landstar reported earnings this week and to no surprise their earnings were down just as JB Hunt and other transportation companies are reporting reduced earnings amid a difficult transportation market place. Landstar President and Chief Executive Officer, Jim B. Gattoni, stated that both truckload volume and revenue per load were affected by […]
Heartland Express Earnings Miss A few days ago, JB Hunt missed their earnings estimates and now so has Heartland Express. Is this just a bump in the road or a sign of things to come? Heartland blames part of their earnings miss on a recent acquisition, but when you look at the numbers you can […]
Fleetwood Transportation Closed the Doors Yet another trucking company has closed their doors. Fleetwood Transportation out of Diboll, Texas closed their doors on December 31st. Fleetwood ran just over 250 trucks and hauled wood, building materials and oil field equipment. According to their chairman of the board the primary reason Fleetwood closed their doors was […]
Insurance rates could go up over 20% next year. This is bad news for the transportation industry but especially bad news for smaller carriers. A 20% jump in insurance rates would be one of if not the largest single year jump in insurance rates ever. It is unlikely that small carriers already struggling in an […]
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