Trucking is an ever-changing business with standards and regulations that seem to update faster than you can keep up with them. Whether you have just started your career as a long-haul driver or have been at it for a while, you can always learn something new. Sure, you have training sessions you must complete and materials you must read. However, we would like to suggest an additional resource for when you just have a single question or want to connect with others in the industry: Trucking MBA on YouTube.
The trucking business might be a highly competitive niche, but you can still meet all your operational goals if you are informed. Among some of the most critical operations would be in the marketing department. The challenge is that the options in this category are many, and some are not suitable for your business. Plus, these methods evolve every day, and you have to stay updated.
Here at TruckInsuranceQuotes.com, we frequently monitor the industry to bring our clients news that affects them the most. Below we outline some trucking insurance regulations set to take effect in 2021 as well as speculation on changes in the transportation industry under the new president.
When transferring something via freight, you’re usually given either contract rates or spot rates. Contract rates or spot rates are very different and are used for different things, which also explains why they vary so significantly. Let’s take a look at contract rates vs. spot rates and when you might prefer one over the other.