Overdrive Extra

Manufacturing expansion passes two years

Factory activity expanded for the 25th consecutive month, and the overall economy grew for the 27th consecutive month.

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2 trucks, 20 new costs

If you really want to be successful, don’t cut corners or try to save money when it comes to drivers. You get what you pay for.

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What’s going on with owner-operator pay

Got a hour to spare? That's all it would take to watch and listen to the webinar we did last week with Gordon Klemp on driver compensation. Klemp, head of the National Transportation Institute, has spent years tracking pay at mid-sized and large carriers. After talking with his fleet clients for the most recent survey, he expects owner-operator pay to rise 4 cents to 6 cents over the next 12 months. He had lots of other good ...

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The harsh realities of excessive debt

Congress has muddled through the debt-ceiling crisis, but it's obvious the problem is not solved. Not only has the nation's debt rating been lowered, but massive deficit spending remains the norm in Washington, D.C. We're still going to hell in a hand basket, just at a slightly lower pace. On a smaller scale, any owner-operator who’s worked his way out of thousands of dollars of red ink can tell you what it’s like when compounding high-rate ...

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3 keys to expansion

Focus on the business model and the day-to-day operations of your trucking company in three major areas.

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Separating water vapor from oil

If you have technical trucking questions, let us know. Our equipment editor, John Baxter, will do his best to answer. Here's a recent exchange: Q. Why have people not looked into this device known as the Vapor Oil Separator? Sure the PCV valve does its job. But this goes beyond that and removes water vapors during the combustion process. Here's the web site and a video. -- Mike Kyes A. Mike, I'm a little skeptical as there are ...

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Normal intervals for fluid changes

We’re going to start sharing this Overdrive Extra space with John’s advice to readers who have equipment questions.

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Landstar sees “continued strength in revenue per load”

If this week’s earnings report from Landstar Systems is any indication, the rest of the year looks good for owner-operators. “I would characterize the overall second quarter freight environment as a little choppy, but moving in an upward direction,” said Henry Gerkens, chairman, president and CEO of Landstar, the nation’s biggest owner-operator carrier.  “Pricing continued to be strong.” Landstar’s numbers were strong, too. Compared to the second quarter of 2010, this second quarter saw increased revenue ($676 ...

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Reports good for factory freight

You might have heard that the stock market just logged its best weekly gain in two years. One major reason was good manufacturing news.

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Sharpen your saw, then expand

Every business owner thinks about expansion at one time or another.

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