You don’t have to be an economic expert to know that things are going well right now for trucking.

The federal mandate requiring most commercial trucks to track hours of service with electronic logging devices (ELDs) officially went into effect on Dec. 18, 2017. However, law enforcement agencies will not begin enforcing the mandate—and penalizing drivers for ELD violations—until April 1.

With that deadline just days away, here are some important things to know about the ELD mandate and how it will be enforced:

The United States’ decision to renegotiate or even exit the North American Free Trade Agreement (NAFTA) will have a big impact on the trucking industry, which moves most of the country’s cross-border freight.

NAFTA was signed in 1994 as a free trade agreement among the U.S., Mexico and Canada. The agreement reduced or eliminated tariffs and other restrictions on trade among the three partner countries.

In December, President Donald J. Trump and Congressional Republicans made good on their promise to pass a sweeping reform of the U.S. tax code.

The Tax Cuts and Jobs Act will go into effect for the 2018 tax year. The bill contains several changes to tax rates, brackets and deductibles that can help reduce taxes for most U.S. citizens and businesses.

More than 3.5 million Americans drive commercial trucks today, hauling everything from electronics to automotive parts to Idaho potatoes. Many of these drivers have spent decades behind the wheel as company drivers or owner-operators. Despite the long hours and time away from home, over-the-road trucking has provided drivers with a good income in a job that helps power the American economy.

Much has been written in recent years about the challenges faced by truck drivers in the United States today. Driving an over-the-road truck can be lonely and isolating. Wages for many truckers have stagnated. There’s a growing number of government rules regulating what drivers can and can’t do on the job.

The cash flow statement, which is also sometimes called a statement of cash flow, is a financial document that reports how much money your company is spending and how much money you have available at a given time.

Sometimes factoring and asset-based lending are confused as being the same thing when really, they are two very different forms of financing. While factoring is asset-based, it is structured differently from asset-based lending, providing different risks, costs and benefits to the customer. What follows is an explanation of factoring and asset-based lending, including what makes these two financing models different from each other.