Earlier this month, we saw another chapter in the tariff gridlock imposed by the Trump Administration. After lifting a month-long pause, the U.S. implemented tariffs on Canada and Mexico, along with increasing tariffs on China by 10%. Read on to find out more about how this will affect the trucking industry and how your trucking company can respond. The Effects…
Most trucking companies have no issues with physical security. Truckers don’t leave their keys in the truck, mechanics remember to lock up shop, and companies install fences around their property. When it comes to cybersecurity, however, many small companies don’t do as much as they should, despite digital risks being just as numerous as physical ones. Want to know more…
With the payments industry constantly in flux, many businesses keep having to update their payment processing strategies. The latest major change occurred in 2020, when the pandemic led to the rise of digital and contactless payment models. Within two years, the number of online banking users worldwide jumped to over 2 billion and continues to rise. The Request for Payment…
According to McKinsey, digital platforms will mediate 30% of all global economic activity as early as next year. One force behind this trend is the increasing ability of these platforms to embed payments directly into their app or website. By eliminating the middleman (external payment gateways), digital platforms can now offer a more seamless customer experience. Want to learn a…
In February 2024, the U.S. Securities and Exchange Commission (SEC) adopted new disclosure rules regarding cybersecurity. Despite being designed for the benefit of public companies, these rules also affect trucking companies that do business with public firms. Why is this the case? Simple: trucking companies’ computer networks are often linked with networks of their public company customers. As a result,…