According to the National Retail Federation (NRF), November and December make up nearly 20 percent of annual retail sales, and this number is almost always expected to increase. These increased sales mean big things for the U.S. economy and businesses everywhere. They also force consumers to reflect on how important truck drivers and the freight […]

The winter season is around the corner which means the job of a trucker driver becomes increasingly more dangerous. Icy roads, heavy rainfall, and inexperienced drivers make truck drivers prone to more accidents. Phoenix Capital Group wants to do more than provide you with quality freight bill factoring and fuel cards, so here are a […]

The trucking industry generated $791.7 billion in revenue in 2019, moving 11.84 billion tons of freight, according to the latest edition of ATA American Trucking Trends 2020, the American Trucking Associations’ annual compilation of industry data. Among the findings in the American Trucking Associations’ are: • In 2019, trucking’s revenues accounted for 80.4% of the […]

Trucking Soars Despite Six Months into COVID-19 The United States is more than six months into the COVID-19 pandemic and it looks like the trucking industry is growing stronger every day. Stephen Burks, an economics professor at the University of Minnesota-Morris and a former less-than-truckload driver in the 1980s. “Some parts of trucking have come […]