Trucking
Our latest articles from the financing space
The trucking industry is the lynchpin of the U.S. economy. Without truckers, overland eCommerce wouldn’t exist. Fleets of trucks are en transit, collecting payloads, and gassing up by the millions as you read this sentence. Despite the massive number of truckers on the road and logistics companies mapping routes, trucking is still a low-margin business, […]
The COVID-19 pandemic exacerbated problems that had already existed in the commercial trucking industry for years as demand for delivered goods skyrocketed in 2020 and 2021. Those problems included issues surrounding compensation, hazard pay, COVID-19 vaccine mandates as well as a general shortage of licensed truck drivers. While it may at first seem counterintuitive, these […]
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