Last updated: March 2026 to reflect current fuel costs and owner-operator expense trends. If you are or want to become an owner-operator, you’re in good company. The average owner-operator’s annual income ranges from $125,000 to $340,000. The United States transportation and material moving industry is expected to grow faster than average through 2032, with about 1.9 million openings yearly. However, an [...]
What Are Hot Shot Rates Per Mile Right Now? Hot shot rates per mile right now typically average around $1.50 per mile, but can range from $1.00 to $3.00+ per mile depending on the load, distance, and urgency. Standard, non-urgent loads often fall between $1.25 and $1.75 per mile, [...]
Diesel Prices Are Climbing — And Trucking Margins Are Feeling the Pressure Fuel costs remain one of the largest operating expenses for trucking companies and owner-operators. When diesel prices surge, profit margins can shrink quickly — especially for carriers running multiple loads each week. Recent data shows national [...]
Acquisition Enhances Freight Factoring and Cash Flow Solutions for Owner-Operators and Growing Trucking Companies Nationwide Birmingham, AL — Porter Freight Funding has completed the acquisition of Integrated Factoring, expanding its freight factoring services for small and family-owned trucking businesses nationwide. This acquisition expands Porter Freight Funding’s freight factoring platform while [...]
Freight factoring vs line of credit — quick answer: The quick answer: Freight factoring turns unpaid load invoices into cash immediately without debt or interest. A line of credit is borrowed capital that involves interest and impacts credit. Trucking companies often get faster access to working capital from factoring. [...]
Learn how the death of cartel leader El Mencho triggered violence and disrupted freight corridors between the U.S. and Mexico, and what carriers should watch next. Summary The killing of cartel boss El Mencho triggered violence that disrupted key U.S.–Mexico freight corridors. Learn how this event affects cross-border [...]
Experienced Credit Executive Joins Porter Freight Funding to Lead Credit Strategy and Risk Management Birmingham, AL — Porter Freight Funding, a leading freight factoring company serving transportation businesses nationwide, today announced the appointment of Chris Shelton as Senior Vice President of Credit. Shelton brings more than 10 years of [...]
Summary Quick pay sounds convenient, but most truckers are overpaying for their own money. Broker quick pay fees often run 1%–5% per load, vary by broker, and still take days to hit your account. Freight factoring offers same-day or next-day funding, predictable rates, and works with all brokers. For [...]
As the freight market continues to tighten, many transportation businesses are being forced to rethink how they generate stable income. Rate pressure, slower freight volumes, and longer payment cycles have made it harder for carriers, brokers, and service providers to rely on a single revenue source. Industry data from [...]
Birmingham, Ala., January 20, 2026 — Porter Freight Funding, a leading freight factoring company dedicated to supporting carriers and fleets nationwide, is pleased to announce the hiring of Katherine Alverson as Director of Marketing. In her role, Alverson will lead Porter Freight Funding’s marketing strategy, brand development, digital performance, [...]