Business

Van shows sluggish volume signs on spot market

The national average van rate was down 2 cents to $1.68 per mile, but the average rate on the top 100 van lanes was up, suggestive of bright spots among the otherwise flat to down picture. Reefer hot spots, van hot spots and more detailed here.

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Partners in Business podcast: Getting started as an owner-operator

Partners in Business podcast: Getting started as an owner-operator

This Overdrive Radio podcast covers the first four chapters from the 2017 Partners in Business manual -- from making the transition to self-employment, choosing a financial services partner, creating a strong business plan and establishing your bookkeeping.

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South Carolina lawmakers override guv’s veto, enact diesel tax increase

Diesel taxes will increase by 2 cents each July through 2022 in South Carolina for a total of a 12-cent increase, meant to benefit the state’s infrastructure. The fuel tax will increase from 16 cents to 28 cents over the next six years.

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Tech giants Google, Uber battling in court over autonomous truck secrets

Tech giants Google, Uber battling in court over autonomous truck secrets

Google and its subsidiary Waymo claim Uber and Otto Trucking stole thousands of documents and company trade secrets. Uber denies the claims. A judge Monday issued an injunction against Uber and Otto.

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New e-log from ELD Solutions Inc.

The ELD Solutions company finalized an electronic logging device product in April. It's subscription-based services are available at price points from $20 monthly and more for its BYOD configuration to $50 or more for its dedicated-tablet options.

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Podcast: Cold water on the ELD mandate’s potential rates impacts

While recent polling shows most owner-operators view the ELD mandate's chances of positively impacting rates either short- or long-term as good, don't count OOIDA board member and B.L. Reever Transport small fleet owner Monte Wiederhold among the true believers.

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Flatbeds, van rates start May relatively strong on spot market

A bit of a volume slide in the last week on the spot market for flats and vans, but rates are up and demand remains good. Perhaps more truckers in high-demand areas are taking to heart what recent tactical patience discussions: The best things come to those who wait.

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Partners in Business tip: Shorter loan, less costly truck

The ideal loan term for a three-year depreciable asset like a heavy-duty truck is three or four years. Here's why.

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Carrier claims Amazon fraudulently skimped on payments

Central Freight filed its lawsuit in a U.S. district court April 27. The carrier claims Amazon owes Central $2.4 million in past due payments and nearly $1 million for services Amazon withheld but was was contractually required to award to the carrier. Amazon did not respond to a request for comment.

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Florida legislature eyeing December 2018 ELD deadline for intrastate carriers, California uncertain

Florida's move for its sizable intrastate market follows that of Texas, which adopted a December 2019 date for the ELD requirements for intrastate carriers. California Highway Patrol reps, meanwhile, note they're yet uncertain on an intrastate ELD mandate there.

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