Updated, August 2024. Starting a trucking company comes with excitement and challenges, like any new business. However, the costs and requirements can be higher than expected due to its size, scope, and all the logistics needed to operate it.

It's no secret that cash flow, or the lack of it, is a risk factor for many companies.

Funding challenges for trucking companies creep up at any possible moment. In the beginning, there is a funding need at the initial stage to get a company started.

Many things can delay the loading of your truck, causing frustration and affecting the way you charge rates. According to some estimates, truckers' wait time or standby hours can cost upwards of a billion dollars every year for American truckers.