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American truckers have, for too long, had to handle crumbling infrastructure while working tirelessly to complete their routes. In November, the White House and Congress finally took action to rectify these conditions by signing the mega-bill Infrastructure Investment and Jobs Act (IIJA) into law. The new bill, which could represent the largest investment in US infrastructure since the 1970s, may prove to be just what the industry needs. The Covid-19 pandemic sidelined many industries—but some, like the trucking industry, simply didn’t have the option to take a break. Traveling hundreds of...

The recently passed Infrastructure Investment and Jobs Act (IIJA) has brought a sigh of relief to anyone involved in the construction industry. Over the last two year, this industry has been plagued by Covid strains, labor shortages, and a turbulent geopolitical landscape—all of which leave their mark and marring growth within the sector. Read more here as we discuss in detail the outlook for this industry. The world-changing events between 2020 and 2022 left their mark on every industry, construction included. Emerging Covid strains stunted new projects, labor shortages hindered ongoing ones...

The competition for talent across various industries means that employers need to set up benefits packages such as 401(k) plans to attract top talent. However, employers incur significant legal responsibility in setting up and running such retirement benefit plans. Employers become fiduciaries of employee retirement benefit plans by default because they manage many of the administrative and investment duties involved. The Employee Retirement Income Security Act (ERISA) sets out principles and regulations about how the funds collected under these plans may be managed and invested, failure to...

Skyrocketing inflation without a clear end in sight has businesses and consumers rethinking their financial strategies for 2022. Now is the time to not only secure your business prospects for the coming months but also to inflation-proof your operations for future spikes. With strategic changes and precautions, you could make 2022 more profitable than pre-Covid returns—inflation or not! Jump To... Causes of inflation | Covid-19 pandemic | Financial health evaluation | Operating profit margin | Shareholder profitability assessment | 2022 financial strategy | RPA (robotic process automation) |...

As an employer, attracting and retaining talent is challenging as you work to drive your business forward. The workforce continues to be compressed, which only intensifies the need to stand out amongst other employers in your industry. This might include additional PTO, assistance programs, health care benefits, and for many, a structured and valuable retirement plan. As a leader at your company, the retirement plan landscape can be overwhelming at times. You want to offer your employees a plan to help them achieve a good retirement, while minimizing your risk and ensuring your plan fits your...