Market Update - October 13, 2022
Jenn Chu Jenn Chu

Market Update - October 13, 2022

Peak season is here, but it certainly doesn’t feel that way. Rates are underperforming past holiday seasons. Spot rates continued to decline from September to October, but we expect to see signs of improvement in Q2 2022.

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Market Outlook and TrueNorth’s Strategy
Jenn Chu Jenn Chu

Market Outlook and TrueNorth’s Strategy

We are in a “normalized” freight market now, but Q1 2023 will bring lower rates. TrueNorth has been actively taking steps to build out our dedicated and contractor lanes to reduce exposure to falling spot rates. Read more about our strategy and outlook.

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4 Ways to Survive the Slowing Market
Jenn Chu Jenn Chu

4 Ways to Survive the Slowing Market

As with any industry cycle, freight rates will come back up. If you can get your business in order today, you will benefit on the turn. Jeff Resch offers 4 ways to survive the slowing freight market.

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From Carrier Packet Templates to Broker Setups: What to Know
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From Carrier Packet Templates to Broker Setups: What to Know

With over 17,000 brokers in the industry, there are a myriad of freight opportunities at your hands to explore. Broker setups are required in order to secure loads and get paid for them. This process can be burdensome, but the good news is that TrueNorth is here for you. Learn why carrier packets for broker setups are critical, what they entail, and the many ways that TrueNorth ensures your cash flow remains efficient, effortless, and most importantly, continuous.

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How to Protect Yourself from Bad Freight Brokers
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How to Protect Yourself from Bad Freight Brokers

Whether or not their behavior is intentional, some freight brokers are untrustworthy and unreliable, which makes working with them especially challenging. Here’s how you can protect yourself, including the impact of bad freight brokers, warning signs to look for, and questions to ask to be sure you're doing business with trusted, reliable partners.

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How to Fill Out Your W-9 Form
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How to Fill Out Your W-9 Form

Carriers are usually required to submit a W-9 to brokers and shippers they work with. Here's how to fill out your W-9 correctly, including line-by-line guidance and common confusions.

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Tomlinson Talks: Growing Your Own Kind of Carrier
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Tomlinson Talks: Growing Your Own Kind of Carrier

Mike achieved something that many Owner-Ops dream of - growing his fleet. But not without his fair share of ups and downs, including owning a haunted truck and navigating today’s ever-challenging market.

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4 Expert No-Cost Fuel Economy Tips to Offset Rising Prices
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4 Expert No-Cost Fuel Economy Tips to Offset Rising Prices

Rising fuel prices are taking a toll on Owner-Operators everywhere. Although we cannot control the factors causing this rise, we can control the amount of fuel we use to get each job done. Try these four expert no-cost fuel economy tips to help keep money in your pocket when you need it most.

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How and Why to Switch Factoring Companies
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How and Why to Switch Factoring Companies

For many Owner-Operators, the ability to get paid quicker through factoring and Quick Pay is necessary to keep your business afloat. But what happens if you are not satisfied with your current factoring company? This blog outlines how and why to consider switching factors to better meet your business needs.

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Choosing the Right Structure for Your Owner-Operator Business
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Choosing the Right Structure for Your Owner-Operator Business

If you would like your own operating authority, one of the first decisions you need to make is how to set up your business. This article introduces you to the options for business structures that are available, the basic features of each, and how to move forward when considering which one is right for you!

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Factoring vs. Quick Pay - Which is Right for You?
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Factoring vs. Quick Pay - Which is Right for You?

Factoring and Quick Pay are two solutions that help shorten the time it takes between completing a job and getting paid. How do you know which one is right for you? This article covers the basics of each solution, distinct advantages and disadvantages, and additional things to note in order for you to bring home the highest income possible.

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The Importance of Health Insurance for Owner-Ops
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The Importance of Health Insurance for Owner-Ops

Whether you’re a driver leased onto a carrier or running under your own authority, or you employ drivers under your authority, your health is central to your ability to earn an income. Often times, your carrier does not require you to have health insurance, but we believe that it’s simply a must. Learn about the health risks for drivers, basic benefits of insurance, types and cost of insurance, and a list of resources to help you understand your options and ways to move forward to protect yourself.

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