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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13 Results Found
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December 2, 2024
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November 11, 2024
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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October 14, 2024
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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September 16, 2024
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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August 19, 2024
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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July 15, 2024
“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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June 10, 2024
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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May 13, 2024
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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April 1, 2024
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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March 18, 2024
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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February 28, 2024
How to Improve Accounting for a Transportation Business: 4 Essential Cash Accounts
The trucking industry is a backbone for economies worldwide, but trucking business owners know well that the accounting…
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December 13, 2023
Expense Groupings for Transportation and Logistics Companies: Why the Categories You Use Impact Your Bottom Line
In a capital-intensive industry like transportation and logistics, expenses are high and profit margins are tight: A healthy…
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December 7, 2023
RECORDED WEBINAR: Financial Metrics for the Transportation and Logistics Industry
Financial metrics are important for all businesses, but each industry has specific metrics they need to monitor. Which…
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