ATBS

Owner-operator 2016 income stable, even with downturn

Owner-operator miles and earnings have been steady this year, according to ATBS. Based on clients’ third quarter, annualized net income would top $61,000.

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Keeping the small fleet ‘family’ happy: Pay, equipment, home time

Small-fleet owners use good pay, equipment and home time to attract loyal drivers. They say those are the bedrocks of retention, the top employment issue named in a recent Overdrive survey.

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Prediction: Rates will jump with ELD transition

"We're going to have a truck shortage when this ELD rule gets put into effect," said ATBS' Todd Amen said during his Partners in Business GATS presentation. "Essentially it's like taking 200,000 to 300,000 trucks off the road." Here's how much he sees rates jumping.

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2015 income: Owner-ops break $60K for first time, adding miles as slow-freight pressures mount

For the first in the 13 years ATBS has been tracking income data, owner-operator clients broke $60,000 in net income in 2015. The 2015 $61,167 income figure is computed as an average among all segments.

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Owner-operators’ decade of ‘working less and making more’

Looking at miles, revenue, income, maintenance costs and more, owner-operators worked longer but made less in recent years.

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IRS to allow higher per diem for meal expenses for owner-ops starting Oct. 1

Truck operators starting Oct. 1 will be able to deduct up to $4 more a day from their yearly income for meal expenses. A change in IRS rules that goes into effect that day raises truckers’ per diem meal expense rates to $63 a day, up from the current $59 mark.

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When to take a vacation and other insights from trucking data

Smart owner-operators know they “have to hit it hard” from March through November, said ATBS Vice President Richard DeForest at the Overdrive Partners in Business seminar.

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A final chance to dodge the Obamacare tax penalty

The federally facilitated health insurance marketplaces are reopening for enrollment through April 30.

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ELD mandate: Independents’ final straw?

An Overdrive survey shows between 50 and 70 percent of respondents threatening to exit the industry over the electronic-log mandate -- the highest percentages are among independents/small fleets.

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Taxing our patience — in more ways than one

Weather, taxes... "Mother Nature must have forgotten a few deductions this year, as she seems very angry and wrathful..."

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