business

Video: Owner-operator Gary Buchs’ ‘plan for success’

"People complain about the rates," says owner-operator Gary Buchs, but "not everybody's losing money." Buchs suggests too much emphasis is placed on an aspect of the business that owner-operators have only partial degrees of control over. "It's better," he says, "to have your costs in line -- I have total control over that."

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Expediters gathering for niche-specific annual event this coming week

Among the owner-operator niche trucking events out there, the Expedite Expo, first held in 2001, stands out for a variety of reasons, not least among them the close community of haulers that makes up the expediting niche.

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Partners in Business tip: Log your spending

Record every check or debit card purchase as soon as the money is spent. Here's how.

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Owner-operator using ELDs finds operational benefit

After some time on ELDs, Gary Buchs doesn't exactly sing the praises of the devices, but he does maintain that utilizing ELDs for hours of service recording has freed him in some ways to better dispatch himself and focus on profitable loads and operation generally.

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Wes Memphis hits a snag with e-logs, missing a load

"Week two of e-logs is in the books" for Wes Memphis, and it came with one big snag when a load he couldn't complete on time without running of hours fell through his wheels...

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Spot market swings against owner-operators as loads dip, trucks climb

The number of available loads posted on the spot market, per Truckstop.com data, fell in the week, while the number of available trucks climbed. The combination pushed the index down to a reading of 13, signaling favorability for brokers in spot market negotiations.

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Swell of owner-operator bankruptcies on the horizon?

"The market has had the luxury of operating with decreasing fuel prices. That has now changed and if prices rise quickly it could have a big impact on cash flow, especially for the smaller carriers.”

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Spot market volume takes a spring break

At once, in this weekly update, there remains reasons to be optimistic for the uptick in freight/rates that usually runs through June or July in a typical year -- also, DAT Trucker app updated at MATS 2016..

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One independent’s comeback from the brink: A run with Ted Bowers

A rare opportunity to make part of a run with Kingston, Tenn.-based Ted Bowers, owner of the small trucking company that bears his name, yields a story of adversity overcome that holds lessons in the importance of close freight, accounting, driver and other partnerships.

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Fuel prices putting a damper on rates as winter freight season settles in

Rates fell for hauls originating in Los Angeles, Dallas, Chicago, Atlanta and Philadelphia, but strong freight volume may lead to a rebound on the most popular lanes this week or next.

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