An FMCSA advisory committee discussion offered insight into how the agency will proceed with its rulemaking to increase liability insurance minimums and the potential consequences facing small business truckers if and when an increase occurs. ...
The story of how Marine Corps veteran and onetime company driver Chad Boblett drove his independent business to success shows that, sometimes, the big leap pans out, even in this business.
Spot market volume in September jumped 32 percent compared to the same month last year, according to the monthly DAT Freight Index, continuing more than a year of strong year-over-year increases.
According to DAT's analysis of the spot market for the week ending October 4, freight availability rebounded 1.5 percent at the close of the month and quarter.
Owner-operators Rico Muhammad and Chad Boblett share Tortoise-and-Hare approaches to using data toward commanding better rates.
What has emerged through the years is the ability for owner-operators to quickly and accurately pinpoint the markets where they’re in high demand, even before arriving.
Higher than typical volumes on the spot market coupled with tight trucking capacity are improving the rate landscape. Independents: Identify high-demand freight situations and negotiate for top dollar.
Owner-operators with their eyes on real-time demand data are well-positioned to capitalize on a large volume of freight -- and attendant good rates -- available from brokers in the spot market.
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