Partners in Business

Driver shortage alarm, redux: ‘Turnover is the real problem’

And for too long, the situation for many drivers has been one in which "the rewards don't match the requirements of the job," said ATBS' Richard DeForest at GATS. That won't change until freight rates are able to support a better annual income for the most important part of the supply chain -- the driver.

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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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Partners in Business tip: Change your own oil

A one-truck operator can save almost $200 a year by moving from gallon jugs to 55-gallon drums for oil purchases.

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Partners in Business tip: Properly spec your tires

Smart tire spec’ing can save money in two ways: reducing tire cost per mile and fuel cost per mile.

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Partners in Business tip: Practice proper oil filtration

Use good oil filtration practices. Choose a filter that meets all the engine manufacturer’s specifications. Always change it at the recommended interval to extend oil life.

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Partners in Business tip: Log maintenance records

Only with complete records can you track the work done on your truck and, when necessary, prove that required maintenance has been done.

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Partners in Business tip: Buy oil in bulk

The do-it-yourself oil change is a standard for many owner-operators, especially those with their own authority. A one-truck operator can save almost $200 a year by moving from gallon jugs to 55-gallon drums for oil purchases, assuming 125,000 miles per year with an oil change every 25,000 miles.

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Partners in Business tip: When to upgrade your truck

Rules of thumb on when it's time to trade your old rig for a newer one.

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

What’s changed about trucking since 2003? All manner of things, from the emissions systems put on engines to all manner of regulatory overload. There’s also been no shortage of change in the balance of miles and money that drives owner-operator businesses. Because of its role as a financial services provider for thousands of owner-operators, ATBS has lots of interesting data to precisely document that evolution. In this video excerpt from his presentation at the Partners in Business ...

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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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