We think Penske Corp. or other Roger Penske-controlled entities could provide additional liquidity if needed, but we see the firm in good financial health with what we see as ample room to take on ...

Cash flow is the difference between survival and failure in the trucking industry. Even a profitable business on paper can collapse if it doesn't have the cash to cover fuel, maintenance, and payroll.

Revenue totaled $12.1 million, an increase of 1.8% over the second quarter. Net loss fell to $2.5 million, an 88% decrease ...

C.H. Robinson took on a more active stance with its balance sheet over the past decade, increasing leverage in part to fund opportunistic acquisitions. Before 2012, the firm was largely debt free.

A small business credit card can completely transform your perspective on company expenses. Every dollar spent on business necessities can earn rewards toward a well-deserved vacation or extra ...

meal and beverage expenses incurred are deductible at 80%. You are a long-haul truck driver if you are an employee whose main duty of employment is transporting goods by way of driving a long-haul ...

Food lovers and home cooks often have romantic ideas of starting their own food-truck business. Here, we examine if it’s easy to turn a profit It pays to be financially prepared if you want to ...

The truck-to-load ratio dropped to 2.24, from 3.19 in November and 3.68 last December, Loadlink reports. This is the “the most significant drop in equipment postings since prior to January 2023,” the ...

That appears to be the game plan for the prolonged rollout of the Tesla Semi. The all-electric semitrailer truck is methodically targeting new markets, facilitating new production, and rolling out to ...

This is a good sign for trucking companies, so long as the current conditions remain stable or continue to improve.” While demand outlook for trucking remains uncertain, Spencer pointed to ...