Partners in Business

PIB TIP: FIXED AND VARIABLE COSTS. A fixed cost is determined and does not change from month to month. Any expense related to time, such as a tractor payment, insurance payment, permit and license fees, is a fixed cost. That cost will be the same every day whether your truck is driven one mile or 600 miles. A variable cost – such as fuel, tires and maintenance – is related to how much you drive. ...

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PIB TIP: COSTS VARY MONTHLY. If you drive 9,600 miles one month and 10,000 miles the next, you’ll have two sets of costs for each month. If your monthly tractor payment is $1,850 and you drive 9,600 miles in a month, the payment will cost 19.3 cents per mile. But, if you drive 10,000 miles, the payment will cost 18.5 cents per mile. Fixed costs do not go down over time, buy you can reduce ...

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Pulse

In the case of your career, the biggest cost could be opportunities you’ll never know you missed.

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PIB TIP: FRIDAY BEST DAY FOR FREIGHT. A Friday is usually the best day of the week for freight. Being under a load with the most possible miles over the weekend will make the best use of your time. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Schneider National Inc. and Freightliner Trucks.

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Business and pleasure

Great American Trucking Show in Dallas packed with seminars, exhibits, show trucks, live music and more.

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PIB TIP: TAKE STOCK ON TUESDAYS. If it’s a 2,000-mile trip, delivering the week’s first load on Tuesday may yield profit. Otherwise, Tuesday is the day to take a hard look at how many miles you have and how many more you need for a profitable week. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by the load-matching service ...

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June 18: Partners in Business

It's tough to run a successful owner-operator business. Overdrive's Partners in Business seminar at the Great West Truck Show, sponsored by Freightliner Trucks and Schneider National, provides training to make it work.

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PIB TIP:  WORK IN AN EXTRA DAY. A Sunday pickup or delivery is like an extra day’s work, since this typically isn’t a day for either task. Making the most of Sunday gives you a head start on the week and can reduce the time pressure you may encounter later. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by ...

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June 3 PIB TIP:  MAKE WEEKLY PLANS. One week is the right amount of time to deal with efficiently. To do so, look at the advantages and disadvantages of every day of the week. Match trip length to the optimum day in the week. Plan to deliver on the day you have the best opportunity of getting a load. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s ...

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PIB TIP: TRY TO DEPART EARLY. Especially when bad weather poses potential delays, try to depart early. Leaving late gives you no time to recover from an unexpected storm and is the major reason for service failures – such as running out of hours on the morning of a delivery. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by ...

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