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Across the United States, gas prices are increasing. It is estimated that by summer, the price for one gallon of gasoline could be $5.

These elevated gas prices could negatively affect the trucking industry. If the economy starts to slow down, then the amount of freight could be impacted by the decline. When the freight loads are lighter, fewer trucks are needed for their transportation.

The rising gas prices will also play a large role in the trucking industry, because trucks can only be filled up with diesel fuel. This type of fuel tends to cost between 30 and 50 cents more a gallon than unleaded fuel.

Freight factoring can be done in a number of ways. To learn more about freight factoring, please contact TBS Factoring by calling 800-207-7661 today. 

The White House has set aside $476 billion of its 2013 fiscal budget in order to address major transportation issues across the United States. This large amount of money would go towards highway and bridge construction projects.

The outline of the budget shows that the projects will span out until the year 2018. In the 2013 fiscal year, the U.S. budget allows for a two percent increase of funding for the Department of Transportation. They will receive $74 billion in 2013.

The President of the United States has proposed that in 2012, $50 billion be distributed in order to improve the highways and roads in our country. The budget will be more critically analyzed during the election campaigns in the fall.

Freight factoring can be done in a number of ways. To learn more about freight factoring, please contact TBS Factoring by calling 800-207-7661 today. 

Truck drivers spend numerous hours behind the wheel at a time, and many of those hours fall during the middle of the night. It is important for these drivers to stay alert on the road in order to avoid the causation of accidents.

United States transportation authorities put a rule into place regarding sleep apnea in the trucking industry. A screening system will be set up in order to determine if truck drivers suffer from this sleep condition.

Any trucker who has a body mass index of more than 35 will be required to be tested for the sleeping condition. The number 35 was reached so that the screening process would only affect individuals who have a much higher chance of developing sleep apnea.

It is important to be insured on the roadways in the trucking industry. Freight factoring can be done in a number of ways. To learn more about freight factoring, please contact TBS Factoring LLC by calling 800-207-7661 today.   

A couple was traveling to Alabama with all of their belongings in a U-Haul behind their car. Not far into the trip the couple noticed that there was smoke coming from underneath the hood of their car. They quickly pulled off the road and evacuated the vehicle, making sure to bring their puppies with them as well.

Two truck drivers were driving on the same highway when they noticed the smoke. They didn’t hesitate when stopping to help the desperate couple. One of the drivers attempted to put out the flames coming from the vehicle and the other trucker offered the couple a seat in her truck. She provided water and blankets for the shocked couple.

Although, they were unable to save their vehicle or trailer with their belongings, the couple was grateful to the truckers for saving their lives. One of the truckers offered to take them with her to her next stop, where she purchased meals for the couple as well as clothing.

It is important to be insured in the trucking industry. To learn more about freight factoring, please contact TBS Factoring LLC by calling 800-207-7661 today. 

A report released by FreightWatch International has shown that cargo theft in the United States reached a record high amount in 2011.

Compared to 2010, the amount of cargo theft increased by 9 percent in 2011. The report shows that in 2011, the theft rates were 974, which is close to an 8.8 percent increase from the 2010 figures.

A small bright side to this information is that the value of each stolen cargo decreased in 2011. The average amount of cargo stolen in 2011 was roughly $319,000. This decline alludes to the fact that truck drivers are valuing their cargo more and being more protective of their trucks, making thieves target lesser value shipments.

Freight factoring can be done in a number of ways and is important to secure to be insured on the road. To learn more about freight factoring, please contact TBS Factoring LLC by calling 800-207-7661 today.

The national survey, Business Expectations Survey, is conducted by Transport Capital Partners, TCP, and this year determined that there is still a lack of experienced truck drivers in the industry.

The survey shows that roughly 70 percent of trucking carriers were having a hard time hiring additional truck drivers. Unseated trucks for carriers rose between 10 percent and 18 percent, up from 6 percent and 10 percent in the previous quarter.

TCP also found that carriers think wages should drastically increase for truckers if they are going to be able to fill vacant positions. There were 65 percent of carriers that thought the wages earned by truckers should be more than $60,000. That amount is an increase of 49 percent from the wages earned in May of 2011.

It is important to be insured in the trucking industry. To learn more about freight factoring, please contact TBS Factoring LLC by calling 800-207-7661 today.

In October 2011, there was a 12 percent increase involving surface transportation in the trucking industry. This increase occurred between 2010 and 2011 and involved trade between the United States, Canada and Mexico.

The United States Department of Transportation said that this increase equaled $79 billion. Within the last ten years, the worth of the surface transportation trade rose by 65.9 percent amongst the partners of the North American Free Trade Agreement.

Surface transportation involves freight transfers by truck as well as other methods.

Freight factoring can be done in a number of ways. To learn more about freight factoring, please contact TBS Factoring by calling 800-207-7661 today.

Women in the trucking industry have a chance to be honored for their contributions to the industry by being nominated for the 2012 Influential Woman in Trucking Award.

The Women in Trucking Association, as well as Navistar, will be sponsoring the award. This will be the second year that the award is in existence. Nominations for the award will be taken up until January 31, 2012. The three top finalists will receive an invitation to the Truckload Carriers Association Conference on March 5, where the overall winner will be announced.

This award reflects on the accomplishments of women in the areas of the industry including; corporate decision making, manufacturing and supply decisions as well as overall leadership.

The trucking industry is on the rise and it is important to be insured. To learn more about freight factoring, please contact TBS Factoring LLC by calling 800-207-7661 today.

The U.S. Department’s ban on handheld cellphone use for truckers will go into effect the first week of 2012.

Hands-free devices can still be utilized in trucks, but dialing, reaching and holding cellphones will no longer be permitted by commercial truck drivers. Each violation of the ban could result in a $2,750 fine.

If multiple offenses of this ban are cited, then the truck driver has the potential to lose his driver’s license. Trucking companies are urging their drivers to acquire a wireless headset so as to avoid confusion when driving through different states across the country.

Freight factoring is important for truck drivers to secure in order to stay insured on the road. This type of factoring can be done in a number of ways. To learn more about freight factoring, please contact TBS Factoring LLC by calling 800-207-7661 today.  

Although the overall economy is still struggling, the trucking industry is performing exceptionally well. 

Privately owned freight companies have reported an increase of 14 percent in sales since 2010. This increase in revenue is compared to the overall ecomony which is reporting a raise in sales but only by the single digits.

Two different factors have contributed to the success of the trucking industry for the 2011 fiscal year. One of those contributing factors regards the leveling of gas prices across the United States. The second factor deals with the elevated amount of manufacturing taking place, which has helped with the reconstruction of volume in the industry. 

Freight factoring can be done in a number of ways. To learn more about freight factoring, please contact TBS Factoring LLC by calling 800-207-7661 today.