Insights on the Trucking Industry – PowerLease Blog

Cut Fleet Costs and Empower Drivers: The Power of the Owner-Operator Model It’s no surprise that the current economic climate is a huge source of

Ways to optimize truck driving fuel efficiency As the Canadian trucking industry continues to play a vital role in the country’s economy, it’s essential for

Ways to Improve Fuel Economy Your number one expense as an owner-operator is fuel. And with diesel prices hitting record highs, it’s important now more

COMPANY DRIVER VS OWNER OPERATOR, WHICH IS BEST FOR YOU? When it comes to being a truck driver, there are two options, company driver or

Do You Have What It Takes to Be a Successful Owner-Operator? The increase in demand for commercial goods and services, compounded by the current driver

Owner-Operator Path: Why Some Choose It Over Being a Company Driver Once a driver has been on-the-road for a few years delivering freight for a

Roadside inspections: what to know about them and tips for getting through them Roadside inspections in North America  Roadside inspections can be a source of stress

The Driver Inc. Model Update: More Inspections and Fines Coming to Carriers The Driver Inc. Model and its Issues The Driver Inc. model has been

Research Finds That Consistent Truck Drivers Are More Likely to Avoid Crashes Research finds that consistent truck drivers are more likely to avoid crashes Researchers

The Pandemic’s Toll on Driver Mental and Physical Health A LONG YEAR Throughout this pandemic, professional drivers have continued to work hard. They have been

Addressing Driver Mental Health in the Pandemic and Post-Pandemic World Mental health can be an uncomfortable subject to discuss, but with the onset of the

top 10 Tips from Successful Owner-Operators Through my 30+ years of financing owner-operators, I have seen my fair share of owner-operators not make it, but

BYPASSING THE “NEVER NEVER PROGRAM” The Never-Never Program? We have helped many drivers start their own owner operator business. Regardless of this, someone eventually asks

Top Tax Tips for Owner-Operators As an essential worker, you work hard for your money. Maximizing what you can deduct minimizes your tax burden and

why you should become an owner-operator in 2021 Are you interested in becoming an owner-operator in 2021?  The market conditions in Canada slowly moving back

Shortage of owner-operators AND TRUCK DRIVERS after pandemic pause Canada is trying to land back on its feet after facing the ongoing coronavirus. Meanwhile, trucking

Best Truck Engines + the Worst – a Trucker’s Guide to Getting the Right Engine What are the best truck engines and which are the

20 Reasons Why You Should Become an Owner-operator Considering the growth in the trucking industry, a lot of truck drivers think about starting an owner-operator

Canadian Federal Government to Inspect driver inc by Launching targeted Inspections and leveraging New Fines Canadian Federal Government to Tackle the Driver Inc. Issue The

Gearing up to Become an Owner-Operator in 2020? Are you planning to become an owner-operator, right? How to find out if you are suited to

10 THINGS YOU SHOULD KNOW ABOUT THE ELD MANDATE IN CANADA Transport Canada has unveiled their new electronic logging devices rules. These rules are meant to

DRIVER SHORTAGE HOLDING BACK THE INDUSTRY The CTA on the Driver Shortage On September 19th, the CTA appeared before the House of Commons Standing Committee

ALL YOU NEED TO KNOW BEFORE BECOMING AN OWNER-OPERATOR Personal Assessment for a Truck Owner-Operator Taking up the job of a truck owner/operator is lucrative

15 VITAL WINTER TRUCKING SAFETY TIPS Special Considerations for Winter Weather and Winter Trucking Safety Tips  The weather in winter is usually characterized by extreme

COLLISION PREVENTION SYSTEMS – Development and use Collision Prevention Systems The development of safety systems for trucks has sped up quite a bit in the

CRA AND ESDC CRITICIZE THE DRIVER INC. MODEL AND PUT THE TRUCKING INDUSTRY ON NOTICE The Driver Inc. Model Drivers whose operations fall under the

THE PROS AND CONS OF LEASING A TRUCK The Pros and Cons of Leasing a Truck Many people never get to achieve their dream of

FACTORS AFFECTING THE SAFETY OF CARGO IN CANADA Factors Affecting the Safety of Cargo Truck drivers transport goods of substantially high value across Canada everyday.

Carrier and TRUCKING INDUSTRY CASE STUDIES PowerLease has helped hundreds of owner-operators get into their trucks for the first time. But we’ve also helped many