Partners in Business

PIB TIP: CONTROLLING FUEL COSTS. You can make the wisest business decisions about fuel when you know your fuel economy, expressed in miles per gallon, and your fuel cost per mile. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Schneider National Inc. and Freightliner Trucks.

Read More

PIB TIP: AVOID FRIVOLOUS SPENDING. The average ATBS client nets only 32 cents for every dollar of gross revenue, hence, 68 cents per dollar earned goes toward vital business expenses. Heeding that ratio can help you resist a frivolous spending spree the next time you have a big settlement check. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by ...

Read More

PIB TIP: FIXED AND VARIABLE COSTS. A fixed cost is determined and does not change from month to month. Any expense related to time, such as a tractor payment, insurance payment, permit and license fees, is a fixed cost. That cost will be the same every day whether your truck is driven one mile or 600 miles. A variable cost – such as fuel, tires and maintenance – is related to how much you drive. ...

Read More

PIB TIP: COSTS VARY MONTHLY. If you drive 9,600 miles one month and 10,000 miles the next, you’ll have two sets of costs for each month. If your monthly tractor payment is $1,850 and you drive 9,600 miles in a month, the payment will cost 19.3 cents per mile. But, if you drive 10,000 miles, the payment will cost 18.5 cents per mile. Fixed costs do not go down over time, buy you can reduce ...

Read More

PIB TIP: A PENNY SAVED IS $1,300 EARNED. Understanding basic principles of operating costs can save you thousands of dollars a year. The owner-operator who can save just one penny per mile over the typical 130,000 miles annually will save $13,000. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Schneider National Inc. and Freightliner Trucks.

Read More

PIB TIP: SATURDAY IS AN EXTRA DAY. The week is over and your work and planning should have resulted in a profitable operation. But like Sunday, Saturday is an extra day if you can pick up or deliver a load. Weekly plans don’t always work out, but over time they will help you succeed. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and ...

Read More

PIB TIP: FRIDAY BEST DAY FOR FREIGHT. A Friday is usually the best day of the week for freight. Being under a load with the most possible miles over the weekend will make the best use of your time. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Schneider National Inc. and Freightliner Trucks.

Read More

PIB TIP: THURSDAYS ARE MAKE OR BREAK. A load picked up Thursday should be short enough, less than 600 miles, to deliver Friday, or should be at least 1,600 miles to go through the weekend. On Thursdays, however, it's almost always better to take a 350-mile trip and deliver it Friday. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored ...

Read More

PIB TIP: AIM FOR THE MIDDLE ON WEDNESDAYS. By midweek, about half of your gross revenue for the week already should be in hand. The other half of your gross revenue should be generated by Saturday to be profitable for the week. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Schneider National Inc. and Freightliner Trucks.

Read More

PIB TIP: TAKE STOCK ON TUESDAYS. If it’s a 2,000-mile trip, delivering the week’s first load on Tuesday may yield profit. Otherwise, Tuesday is the day to take a hard look at how many miles you have and how many more you need for a profitable week. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by the load-matching service ...

Read More