Tag: costs: Page 2

Business

Making the jump: Cost, profit potential, biz basics of adding trucks on offer at Expedite Expo

Panelists talk about how experience as leased owner-ops “made it a lot easier” to make the transition to managing contracts, financing pieces of equipment.

July 20, 2018

Channel 19

Petition for rulemaking to allow split-sleeper options with at least a three-hour break

The FMCSA seems to be moving toward a change of the split-sleeper variety following a study whose roots date back to 2014. Get more details on Overdrive Online.

July 10, 2018

Overdrive Extra

What is your time worth?

“How many of us, if asked, could accurately quote what our time is worth, per hour, based on actual and complete data? No emotion, no pie in the sky guessing, just the cold hard facts.” Gary Buchs on numbers analysis toward establishing per-hour rates for healthy profit.

April 3, 2018

Electronic Logging Devices

Innovative pricing as ELD provider competition heats up

A few deals for qualifying drivers — from BigRoad, KeepTruckin, Magellan — sure to multiply among other providers with the raft of ELD providers out there. If you’re shopping, don’t be afraid to ask …

October 24, 2017

Electronic Logging Devices

When cellular service adds monthly fees to ELDs

Most any BYOD-type ELD with dedicated tablets will come with monthly costs for a data plan. If you’re pairing a BYOD ELD with a smartphone or tablet you already have with a service plan, such cost wouldn’t necessarily figure into your back-of-the-envelope investment calculation.

October 23, 2017

Voices

ELD mandate: Sounding the death knell for the American driver

An op-ed from Overdrive reader owner-operator Devin Combs of Bloomington, Ind.: “This electronic logging device situation is just one more cost that I can’t endure and a headache that I don’t have time for.”

September 22, 2017

Business

Projected savings from hydrogen-powered electric drive

It wasn’t just for their novelty that announcements of the Nikola One hydrogen fuel cell-powered electric-drive truck turned more than a few owner-operators’ heads last year. It was the promise of an operating cost benefit that took diesel-price volatility out of the equation.

July 11, 2017

Business

Notes on having notes

“I firmly believe enough interest can be generated to get the ELD law delayed until the hours of service rules can be amended, but it’s going to require sticking to the point and being very specific about what the point is, and it’s going to require numbers of people to direct their concerns to the correct places.”

June 28, 2017

Overdrive Radio

Dedicated freight — an antidote to chasing rates

After years chasing rates and high miles, over the last decade and more Keith Sampson shifted his thinking. His example is clear evidence that keeping your eye out for dedicated-freight opportunities can deliver the best of both worlds — income stability and high profitability, without sacrificing your home life in the process.

June 22, 2017

Custom Rigs

What does it cost to rebuild and extend a 1986 48-foot Trailmobile flatbed?

While the huge investments some owner-operators make in distinguishing tractors from the madding crowd tend to grab a lot of the custom-equipment headlines, Zach Beadle and his expert welder son rescued this 1986 Trailmobile to put it work hauling freight and making money, pronto.

November 14, 2016

Business

Let’s go truckin’

“Who wouldn’t want to hit the wide open road for a few weeks? All the freedom and glamor, not to mention making tons of money while traveling. But first, you gotta get legal … Just make sure you’ve got enough left over to pay the lumpers.”

October 21, 2016

Business

Negotiating rates without needing ‘extra blood-pressure medicine’

Conceive of negotiations over loads/rates as an opportunity to start or extend a potential long-term business relationship — don’t leave money on the table, but always keep in mind this rule of thumb: “If both sides aren’t happy in the end, it’s not negotiating.”

September 27, 2016