In early 2019, Volvo Group, the parent company of Mack Trucks, started mysteriously posting job listings to hire engineers in the Salem/Roanoke area of Virginia. Volvo declined to comment about the job listings other than to say they would fulfill “future business needs”, but Jon Harris of the Morning Call predicted that Mack Trucks may […]
To many in the trucking industry, a semi-truck that gets 10 miles per gallon (MPG) at a full load seems like a fantastic pipedream. Of course, in the early years of the trucking industry, when trucks received 2 to 3 miles per gallon, the idea of 5 miles on a gallon of diesel also seemed […]
What are the semi-truck financing requirements? We get asked this question every day. (Makes sense, we’re a semi-truck financing company). We’ve put together this article about semi-truck financing to answer the top 10 semi-truck financing frequently asked questions and you’ve been probably wondering about. What Are The Semi-truck Financing Requirements? What Credit Score Do You […]
In our last article, we talked about the change in total revenue and weight hauled over time in the trucking industry. To compile that data took deep-diving into the American Trucking Associations’ article posts, years into the past. Today, we at TopMark Funding are saving even more time than before, going deep into DAT Solutions’ […]
Millions of truckers employed across America have dedicated their careers to the trucking industry, hauling freight from coast to coast. As technology and regulations change around them with scares of driver shortages and self-driving trucks, commercial truck drivers may fear that the industry will upend them and terminate their livelihoods. We at TopMark Funding are […]
Adam McCann of WalletHub has released a list of the best and worst states to drive in 2020. He compiled his results studying data from over 15 different sources, including the U.S. Department of Energy and Centers for Disease Control and Prevention. If you were to simply look at the list itself, you might wonder […]
NEED SEMI-TRUCK FINANCING? Get a No-Obligation Semi-Truck Financing Quote Looking to Buy a Semi-Truck & Need Semi-Truck Financing? TopMark Funding® Can Help! Get Pre-Approved in Minutes. #1 Rated Semi-Truck Financing Company. Helping Business Owners Like You Grow Your Fleet and Increase Your Revenue! Get Approved For Up To $250K Within 24 Hours Application Only! Guaranteed […]
So you want to obtain semi-truck financing, either for a lease or a loan. Chances are you have lots of questions about the process. Fortunately for you, we here at TopMark Funding have answers to help you get the ideal semi-truck financing for you and your trucking company. If you are interested in obtaining semi-truck […]
Just when you thought the FMCSA was done regulating, they toss on even more regulations. This time it’s with the FMCSA Drug and Alcohol Clearinghouse. The website is loaded with information on the new database, and you really should go there if you want to obtain a full understanding of the program. For those who […]
In an earlier article, we discussed the credit statistics of owner-operators who apply for credit and the connection between FICO score and the likelihood of an owner-operator getting the deal they want. We are going to ramp things up this time around and compare the credit and funding of owner-operators versus fleet owners and see […]
When it comes to getting a loan, there are numerous factors. The factor that impacts the other factors the most, however, has to be credit score. A credit score can be the difference between a double-digit and a single-digit loan on your truck, or the difference as to whether or not you get a loan […]
With fuel costs being one of the largest costs in the transportation industry, diesel fuel may be approaching its decline. Companies are racing to be the first to bring about a revolution of fueling to reap the rewards. Many alternative power systems are being researched, but none has caught the public’s eye quite like electric […]
In 2016, Uber delivered 50,000 cans of beer over 120 miles of highway without any driver intervention. But two years later, Uber closed down its self-driving semi-trucks division to focus on self-driving cars instead. The trucking profession is huge, over five percent of all American jobs are in truck transportation. When self-driving trucks progress far […]
The worst time to think about getting a dash cam is after an accident. Whether you are an owner-operator or have dozens of trucks in your fleet, having a dash cam record video evidence of what happened before the crash can be vindicating and save you lots of money. Here are our top picks for […]
The first thing every up-and-coming trucker should know is that their semi-truck takes diesel fuel, not gasoline. What even some experienced truckers may not know are the nuances between diesel and gasoline, and why there is a distinction. Here, we go over the differences between the two. Origins Back in the 19th century, when automobiles […]
Did You Know There’s 13 Styles of Dump Trucks? What are the different types of dump trucks? As you’ll read below, there are a bunch of different types of dump trucks. They come in all shapes and sizes. From monstrous heavy haul Cat’s designed for mining to “smaller” everyday standard dump trucks. A dump truck, […]
Dump truck leasing and dump truck financing are different from traditional vehicle financing and leasing. Traditional truck loans typically require your credit, business revenue, and time in business to determine if you’re qualified. When it comes to leasing a dump truck, the truck you decide to purchase becomes the collateral, which helps to limit the […]
The fine folks over at TruckSite have created this helpful graphic about what it means to for a heavy-duty big rig to be California Clean, as well as tips to minimize the onset of rust on, in, and around your vehicle. Provided by: TruckSite.com Is the graphic not loading? In summary, it says that a […]
We get asked this question all the time, what are the best dump trucks? Or what’s the most popular dump truck brand? To help answer those questions we’ve put together a guide of the best dump truck manufacturers in the United States. We’ve also included a guide to the different types of dump trucks. There […]
At the time of this writing, the year 2020 is still in its infancy. After the tumultuous time of change for the trucking industry in both 2018 and 2019, it is time to make sense of the industry’s health to see if there’s any trends that need addressing. Trucking Isn’t Going Away Amongst the news […]
Some know the Volvo Group as a maker of luxury cars; others know Volvo as a maker of heavy-duty vehicles. What you might not know is that in their heavy-duty trucks, they mostly use powertrains they have built in-house. As of right now, these are the components of Volvo diesel powertrains that are produced. Engines […]
It is no surprise that Detroit Diesel powertrains most frequently appear in Freightliner and Western Star trucks. After all, all three companies are owned by the same parent company, Daimler Trucks North America LLC. Founded in 1938 in Detroit, Michigan, Detroit Diesel manufactures six different engine models. Each member of the engine family is numbered […]
Founded in 1905, PACCAR Inc. touts itself as “a global leader in the design, manufacture and customer support of high-quality premium trucks.” Even if you are not aware of the name of their company, it is unlikely you do not know the names of their most popular brands in North America: Kenworth and Peterbilt trucks. […]
Founded in 1919, Cummins is a Fortune 500 company that sells Cummins powertrains for a variety of different applications, including heavy-duty trucking. They do not make their own big rigs, and instead you can find Cummins powertrains in a variety of brands, such as in a Freightliner, Peterbilt, Volvo and more. On their website, Cummins […]
Founded in 1919, Cummins is a Fortune 500 company that sells engines for a variety of different applications, including heavy-duty trucking. They do not make their own trucks, and instead you can find their engines in a variety of brands, such as in a Freightliner, Peterbilt, or Volvo. On their website, Cummins advertises engines ranging […]
Unless you are purchasing a truck for the brand name, the engine that goes into a truck should be your first priority in your purchasing decision. Here we break down the engines from various manufacturers to compare and contrast them so you may make an educated decision on the inner workings of your future vehicle. […]
What Every Business Owner Needs to Know Section 179 is a very simple part of the tax code. Even if you do not know its name, if you have ever done taxes for a business you own, you most likely have already claimed a Section 179 Deduction. In this article, we will go over Section […]
International is a subsidiary of Navistar International, a holding company founded in 1902 as International Harvester Company and based in the United States. International primarily makes trucks, but aside from sourcing some of their engines from Cummins, International also makes some of its engines in-house. They currently manufacture two engines, one for heavy-duty and severe-duty […]
Here’s your guide to semi-truck financing. Semi-truck financing is a vital piece of the trucking industry puzzle. Correctly leveraging your credit and having the proper equipment and truck financing is critical to managing cash flow, increasing revenue, and growing your trucking company. Whether you’re looking to buy a Freightliner, Peterbilt, Kenworth, or any other popular […]
