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27
Jun

Modernize or Replace? Upgrading Your Crane

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Proper efficiency planning is vital for companies if they are to remain competitive in local and global markets. It is an ongoing process, usually done as often as the Operations team deems necessary. Planning extends to the financials, equipment and to any areas that keep the industry running its best. Reliable Equipment Equipment is the lifeblood of manufacturing and industrial businesses. Amongst the major equipment that is needed is a durable crane. It is not uncommon for crane equipment to be pushed beyond its normal working capacity. Normal is generally considered 25 years of working condition when bought new. Anything beyond those operational years needs to be re-evaluated. Either your crane equipment needs to be replaced or it needs modernization. Correcting a poor performing crane helps make your operations run smoother and protects the safety and security of your workers. Therefore, once it has reached 25 years to a maximum of 30 years operating capacity, it’s time for a new crane. Rely on a trusted professional service company like Truck Loan Center to evaluate your crane. We will determine its…

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28
Apr

Local or Long Haul: Which Career to Choose

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Long haul truck driving has the operator driving routes that take them more than 200-300 kilometers from the terminal nearest to their home. Since all highways and roads have speed limits which restricts how quickly traffic can lawfully move while they’re in operation, delivering cargo to a destination far away will take a long time–sometimes keeping the truck driver away from home for weeks at a time. Lines of work that require frequent trips away from home aren’t suitable for everyone, and in fact can lead to a strain on families or even affect the driver’s personal health. For some carriers, you are only allowed to request working your way back home after you’ve been on the road for 10 consecutive days. As such, long haul operators tend to be significantly better compensated. But who is suited for this kind of career? Other than the paycheque, what should you be…

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21
Apr

How Truck Drivers can Balance Personal Life and Travel

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Work/life balance is a problem for those who work long hours, but with a bit of planning even the busiest and hardest worker can reserve some time for themselves to enjoy. Since you’re already on the road, why not take the opportunity to explore the area you’re in? We’ll sharing our tricks to maximize fun and family without cutting into your work schedule. Adapt to New Routines Part of the difficulty in keeping a schedule when you’re on the road is adapting to the constant change, and the interruptions to your routines while at home add up to really make a difference. Things that may change usually include: Sleeping habits Eating habits Getting to spend adequate time with friends, family, and neighbours This means that you’re required to face a change in these areas on a regular basis. One way to combat this is develop one pattern that doesn’t change…

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7
Apr

Tax Benefits of a Truck Lease

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Under the Canada Revenue Agency’s rules, the depreciation on a motor vehicle that you have purchased (i.e. not leased) can be netted against your income to lower the amount of taxes paid on the money you earned. Canadian tax law has a provision for deductions against income for the lessee to make taxing fair for people who are leasing their vehicle. The tax code is supposed to provide a measure of fairness, so be sure to make the most out of your deductions to save your money. Eligible Leasing Cost We’ll walk through the calculation that the CRA uses to calculate the eligible leasing cost. The cost is how much you’ve been charged in the year for leasing the vehicle. If you have been leasing the car for the full year, include that in your lease cost, otherwise only include the amount that you’ve been charged for the current year.…

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