Transportation and Logistics Industry End-of-year Updates: Three Things to Keep an Eye on in Q1
There’s good news for the transportation and logistics industry heading into 2025: the Bank of America Shippers’ Diffusion…
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Does Your Transportation Company Need a 10% or a 30% Cash Reserve?
We recommend that every transportation company strive to have a 10-30% cash reserve. Why? Keep reading to find…
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Free Resource for Transportation & Logistics Professionals: “Think Like a Banker, Think Like a Buyer”
Nobody knows your business like you do. Your management team is on top of key performance metrics (KPIs)…
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Annual Planning for Transportation and Logistics Businesses: Prepare to Thrive in 2025
It’s that time of year, when we start to get our financial ducks in a row. The end…
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Transportation and Logistics Businesses: Control Overhead Costs with 3 Questions
Is your overhead too high? With slim profit margins and high inflation, money flowing out day and night,…
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“Think like a Buyer” – Prepare Your Transportation Business for Sale
Buying and selling a business involves a meeting of the minds – and those minds often come from…
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Think Like a Banker and Set up Your Transportation & Logistics Company for Success
In a capital-intensive industry like transportation and logistics, a strong relationship with your financial institution can improve your…
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Where’s Your GAAP: Transportation and Logistics Companies Need Clean Financials to Grow and Sell
When I open a new client’s books to look at net income, I usually see a rollercoaster. Huge…
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Cash Flow Forecasting for the Transportation Industry: Down-Cycles Happen, Bad Decisions Don’t Have To
Every industry goes through down cycles, transportation and logistics included: After the pandemic freight boom, we’ve seen gas…
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How to Improve Your Trucking Company’s Profit Margin
Operating a business in the trucking industry has always been a challenge, but recent years have been exceptionally…
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