Semitrucks carry essential products and supplies across countries. The United States trucking industry is worth over $730 billion, responsible for the majority of freight movement in the country. It's vital to keep trucks in their best condition so they can move freight efficiently. Regular maintenance inspections keep all components functioning [...]
Check if DOT Number is Active The Federal Motor Carrier Safety Administration (FMCSA) requires all fleets to have a Department of Transportation (DOT) number to conduct interstate commerce within the United States. This number can become inactive in certain situations, such as letting your insurance expire and [...]
If you are interested in starting or working for a trucking business, it's important to know the details surrounding paying for fuel. Company truck drivers do not have to pay for their own gas, while truckers who operate in different capacities, like owner-operators, often pay out of pocket. However, [...]
As trucking businesses plan out their year, logistics and supply chain demands significantly impact their revenue streams and bottom lines. Smaller and medium-sized companies are especially affected by their decisions to take part in the spot freight market or negotiate agreements for longer-term contract rates. While both options have pros [...]
Growing a trucking business has its fair share of challenges. Business owners that make the right decisions at the right time have the greatest chance of success. It doesn't matter how long you've been driving in the trucking industry; if you don't know how to operate a company, you [...]
Accounts receivable financing (A/R financing) is a great solution for businesses that need additional cash flow quickly. Porter Freight pays loads out within 24-hours, when shippers could take months. Porter Freight handles all the behind-the-scenes billing so you don't have to worry about anything but picking up and delivering [...]
Every owner-operator knows that in order to grow your business, cash flow is needed. You don't want to turn down loads, but you can not afford to put fuel in your truck for the next load if you aren't getting paid on the previous load for 30 days or [...]
You can't possibly receive a cash advancement with poor credit, right?! Wrong! Porter Freight Funding doesn't perform a credit check on you or your business prior to purchasing your invoices. If bad credit is holding you back from success, allow Porter Freight Funding to help! Invoice Factoring Invoice factoring [...]
Last updated: April 8, 2026 Freight factoring companies typically charge 1% to 5% per invoice, depending on your volume, customer credit, and payment speed. Lower rates are usually offered to established carriers with strong brokers, while new authorities may pay slightly higher rates. The real cost of factoring is not [...]
Decide what you need Each driver's needs are different, so it is important to figure out what you're looking for before you get started on researching other financing options. Ask yourself these important questions: What type of truck do you need for your commercial trucking business? What loads will [...]