Many people in North Carolina who dream of owning their own business have considered purchasing a franchise. Becoming a franchisee allows a person without much business experience to adopt a proven business model and benefit from an established company's brand...
Month: November 2016
How trucking may change with self-driving vehicles
In the coming years, the roads in North Carolina and throughout the U.S. could be more populated with self-driving vehicles for personal and commercial use. The American Transportation Research Institute recently released a report discussing changes that might occur...
Advice for those thinking of buying a small business
In many ways, buying an established and proven small business is better and easier than trying to launch a brand new startup. Budding entrepreneurs who are thinking about purchasing and operating an existing enterprise may take advantage of the fact that many baby...
Brake violations again top reason for out-of-service orders
Following its annual three-day inspection blitz geared toward improving roadway safety in North Carolina and elsewhere around North America, the Commercial Vehicle Safety Alliance reported that brake violations were the leading cause of vehicle out-of-service orders...
Marijuana remains off limits for truckers following election
Twenty-eight states now allow the use of medical marijuana, and approximately 80 million Americans can legally enjoy recreational use of the drug following the Nov. 8 vote, according to the Associated Press. However, the Department of Transportation has indicated that...
Private equity acquisitions
Selling a North Carolina business to a private equity group is a two-step process that allows owners to maximize their earning potential. First, the group will buy a majority stake in the business while allowing the owner to sit on the board or otherwise have a say in...
Lawsuit against FMCSA’s ELD mandate fails
North Carolina motorists who have heard about accidents caused by overworked and sleep-deprived truck drivers might be interested in learning that most commercial trucks will be mandated to have electronic logging devices installed in them. A challenge that was made...
FMCSA grants exemption to hours-of-service rules
The amount of time that professional truck drivers in North Carolina and around the country can spend behind the wheel before taking mandatory breaks is tightly controlled by the Federal Motor Carrier Safety Administration. However, the federal safety agency sometimes...