Business

Podcast: ‘Make mad money! Be a freight broker!’: Independent James Woods on a culture of dishonesty among middlemen

The push for maximum profit, whatever the cost in toil or honesty be damned, clearly infects some corners of the trucking industry, to the detriment, too often, of those doing the work of hauling the freight. That's the message of independent James Woods, who spoke for this edition of the Overdrive Radio podcast on subjects of transactional transparency, fair dealing and more.

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Short holiday week on the spot market: Rates rose, though demand indicators lagged

The spot market last week saw lower load volumes than in recent weeks on DAT load boards, notes the company's Ken Harper, mostly given the Fourth of July landed on a Tuesday this year. And though freight volumes were down, average rates for vans, reefers and flats were up by a dime, a nickel and a nickel respectively. 

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BigRoad DashLink ELD price drops for owner-ops

In the wake of the company's March sale to Fleet Complete company, BigRoad has reduced the price of its DashLink electronic logging device to $19.50 a month for owner-operators.

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ELD Ratings website offers e-log reviews

The ELDRatings.com website was created with intent to be a "central community resource where fleets and drivers can learn about ELDs and get help choosing the best product for their business," says site principal Ben Ramsay, also tech VP at Tradewinds Logistics.

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Partners in Business tip: Use a separate credit card for business expenses

Try to find a credit card without an annual fee and with a low interest rate. If possible, pay the balance in full every month.

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Projected savings from hydrogen-powered electric drive

It wasn’t just for their novelty that announcements of the Nikola One hydrogen fuel cell-powered electric-drive truck turned more than a few owner-operators’ heads last year. It was the promise of an operating cost benefit that took diesel-price volatility out of the equation.

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Heartland Express buys Interstate Distributor for $113M

Heartland Express (No. 36, CCJ Top 250) announced Thursday it has acquired 100 percent of the outstanding stock of Tacoma, Washington-based Interstate Distributor Co. (No. 74, CCJ Top 250) from Saltchuk Resources in a reported $113 million deal.

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Making the e-log switch: The evolution of small fleet Old Time Express

"I know a lot of people, and especially a lot of drivers, would like to cut my head off when I say this ..." -- that's Old Time's Mark White in preamble to some perhaps underappreciated e-log lessons he delivers toward the end of this week's Overdrive Radio podcast. File under: things people might not want to hear. 

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Spot market rates spiked in June

Van and flatbed rates soared to multi-year highs. Reefer rates rose to their strongest point in a year.

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Trucking employment slipped again in June

June’s trucking jobs dip comes amid an otherwise solid month for employment for the U.S. economy, which added 222,000 jobs in the month. The country’s unemployment rate was 4.4 percent.

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