Partners in Business

Partners in Business tip: Account for monthly variable costs

If you drive 9,600 miles one month and 10,000 miles the next, you’ll have two sets of costs for each month.

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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: 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: 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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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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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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Kevin Rutherford reveals owner-operators’ most oft-overlooked and untapped resource

Audio of Rutherford's talk at the GATS Saturday: "There is nothing more powerful than education. ... If you are not listening to something and learning something actively every day, you are missing out on the biggest advantage you have."

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PIB tip: Save every receipt, no matter how small

Why “tip” the taxman? Place an envelope in your truck for collecting your receipts and send them at the end of each month to your business services provider.

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