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Better business conditions for freight haulers is boosting demand for credit as well as opening the door to increased competition among financial service providers, trucking industry financiers said.

The federal government is trying once again to eliminate the requirement that nearly all trucking companies submit quarterly financial data to the Federal Motor Carrier Safety Administration, calling the requirement “outdated” and unnecessary.

America’s trucking industry is facing a daunting array of challenges. Near the top of the list for every CEO and CFO is: “How can I increase my cash flow?”