Credit card processing fees are a silent profit killer, especially in high-volume industries like trucking. But an increasing number of savvy trucking companies are taking back control by choosing to add a surcharging program. And if you’re using CDK Global’s software, you may already have everything you need to do the same. What Is Surcharging? Surcharging is the practice of…
High truck detention times, which involve drivers sitting idle while they’re waiting for their trucks to be loaded, are a common challenge in the trucking industry. Recent research says that 87% of all truck drivers spend up to 29% of their possible driving time in detention. This often means that some of your drivers’ per-mile compensation is going toward fees…
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…
According to the American Transportation Research Institute, traffic congestion cost the U.S. trucking industry a record-high $108.8 billion in 2022. If you’re wondering, this is equivalent to 435,686 truck drivers (or 22% of all Class-A licensed drivers) being idle for a whole year. The average cost per every registered combination truck comes out to $7,588. Interestingly, the total hours of…
With the trucking industry adding a variety of new safety regulations, trucking companies that want to stay ahead must be prepared. Beyond simply being a regulatory requirement, driver safety is a major factor in the health of both your employees and your business. By prioritizing driver safety, you can lay the foundation for your trucking company to thrive. Want to…