Strong Net Income
Strong rates enabled dry van, reefer and flatbed operators to see increases in net income in the second quarter, in spite of rising fuel costs and, for dry vans and reefers, a drop in miles during the first half of 2011.
The data is based on owner-operator clients of financial service provider ATBS.
Love at first cluck
Ever had someone offer over the CB to buy your truck? That’s just what Tobby Donalson did in 1982 when he saw this needlenose 1959 351 Pete pulling chickens near Sneed, Ala. When the driver told Donalson it had a 290 Cummins in it, he had to have it. He put the motor in an old Kenworth he ran hard for many years. Now a retired independent, Donalson kept the tractor, transforming it into the finished custom ride pictured here, powered by a 425-hp Cat 3406B. For a full gallery of the immaculate interior and exteriors mods Donalson performed himself, see the July 25 entry on the blog. For a first-hand look, visit the Nashville Chrome & Class Truck Show Oct. 21-22.
Truckloads on the auction block
The eBay-like online-auction model of the uShip.com system has to date been used mostly by individuals and small businesses looking for a hotshot hauler. But Class 8 owner-operators should take heed: uShip is on a mission to boost commercial LTL and truckload freight volumes available for bid.
The man behind the mission is new Freight General Manager Charles Myers, a former president of GetLoaded.com. “I can’t tell you how many times carriers would call and say, ‘If the broker would just post the price, it would save me a lot of time,’” Myers says. He notes that uShip’s auction model often starts with an offer price, carriers then bidding in real time, bringing more transparency to competition for the freight transaction.
For more of the interesting and odd parts of trucking, visit Senior Editor
Todd Dills’ Channel 19 blog at OverdriveOnline.com/channel19.
SEPT. 15-18: ATHS OZARKS 4-STATE ANNUAL STEAM-O-RAMA, Republic Steam Show Grounds, Republic, Mo., (417) 839-7649.
SEPT. 16-18: RICHARD CRANE MEMORIAL TRUCK SHOW, St. Ignace, Mich., email@example.com.
SEPT. 17: ATHS HEART OF DIXIE TRUCK SHOW, Highway 36 exit from I-65, Hartselle, Ala.
SEPT. 18: ATHS AUBURN HERITAGE TRUCK CHAPTER TRUCK SHOW, Paulding Historical Museum, Paulding, Ohio, (419) 399-5462.
SEPT. 22-24: ATHS CHAPTERS TRI-STATE ANTIQUE TRUCK SHOW, Stonewall District Ruritan/Frederick County Fairgrounds, (540) 478-4389.