Trucking news and briefs for Wednesday, Sept. 22, 2021:
DOT asking truckers for info on supply chain challenges
The Department of Transportation is requesting information from trucking and other transportation industries to assist DOT in preparing a report for President Biden on supply chain disruptions. Specifically, DOT is soliciting “practical solutions from a broad range of stakeholders to address current and future challenges to supply chain resilience in the freight and logistics sector.”
- Identifying major infrastructure or operational bottlenecks and chokepoints across the freight and logistics supply chain that slow or impede efficient cargo movement.
- Major risks to resilience within the freight and logistics sector, including defense, intelligence, cyber, health, climate and more.
- Effects of climate change on transportation and logistics infrastructure.
- Technology issues, including information systems, cybersecurity and more.
- Key opportunities and challenges with respect to the existing and future workforce.
Apex Capital announces 24/7 Factoring
A new program from Apex Capital will allow its clients who qualify to factor freight invoices after hours, including nights, weekends and bank holidays.
Apex’s 24/7 Factoring program gives truck owners the option to get their funds in near real-time outside of normal banking hours. Apex's 24/7 Factoring was designed to keep cash flowing to help trucking companies succeed.
"24/7 Factoring came about as a direct result of listening to our clients, who challenged us to provide funds when they require them – anytime, on their schedule, and in their preferred payment method," says Chris Bozek, President of Apex Capital. "Our best ideas come from our clients. We remain committed to continue delivering practical innovation that helps our clients succeed in an increasingly competitive marketplace."
24/7 Factoring not only provides Apex's clients immediate access to cash, but it also allows real-time, just-in-time funding to their Apex TCS Fuel Cards to ensure that their trucks are rolling and that their drivers are taken care of.
I-10 closure planned this weekend
A section of eastbound Interstate 10 near Phoenix, Arizona, will be closed this weekend, Sept. 24-27, for an ongoing pavement improvement project, according to the Arizona DOT.
The eastbound lanes of the interstate will be closed between 99th and 75th avenues in west Phoenix from 9 p.m. Friday to 5 a.m. Monday. The southbound Loop 101 ramp to eastbound I-10 will be closed, as well as the eastbound I-10 on-ramp at Avondale Boulevard.
Drivers should consider exiting eastbound I-10 ahead of the closure and using alternate routes.
[Related: Roads 511: Highway information in real time]