business

Spot demand heating up to levels not seen since 2014

A 5:1 load-to-truck ratio on DAT Load Boards was seen for dry van freight last week. It's the highest load-to-truck national average since March 2014, when demand skyrocketed with polar-vortex-related severe weather and led a big rates rally on the spot market that year.

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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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Partners in Business podcast: Managing your money and time

This installment in the podcast series of Overdrive’s Partners in Business, excerpting portions of the manual coproduced with ATBS, covers how to develop and use profit and loss statements, and how to understand your revenue, earnings and costs.

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Owner-op Dean Carnahan: Poor health is often a ‘preventable accident’

Carnahan urges drivers to take control of diet and health generally in hopes more attention to it might spur a movement against the growing "quick food, get-in-get-out-type attitude" of so many truck stops when it comes to diet options.

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POLL: What’s your bigger business priority, profit growth or income stability?

Climing the ladder v. holding down a gig, greater risk is greater reward v. sticking with what's dependable, economic growth v. stability -- the prioritization choice is cast in a lot of different ways. Which side, if any, do you fall on when thinking about your business' future?

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Partners in Business podcast: Getting started as an owner-operator

This Overdrive Radio podcast covers the first four chapters from the 2017 Partners in Business manual -- from making the transition to self-employment, choosing a financial services partner, creating a strong business plan and establishing your bookkeeping.

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Dry van, reefer improved last week in many markets

It’s typical for spot volumes to drop in the week before Easter, since that week tends to wrap up early on Good Friday. Good news is that the drop-off was slight compared to previous years.

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Here’s a little story about a nail tech named Wendy

As in nails, as in trucking: "Don't cave. Don't cave on the prices, or the quality of service, because doing so only cuts your own throat in the end."

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Looking into the crystal ball on ELDs/rates, and Owner-operator Reed goes to Washington

Two updates -- audio of Todd Amen of ATBS' conference call on operator income from yesterday, and one from owner-operator Scott Reed, fresh off a meeting with legislative aide to Senator Deb Fisher in Washington gone bad, only to turn out positive when Reed dropped in on other Senators from Iowa, North Dakota, Montana.

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Spring freight season under way? Some evidence in this week’s spot market update

Perhaps the biggest evidence comes in the national picture for flatbed freight, which continues to show very high load-to-truck ratios in most states after another strong month in March.

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