Business

Walmart tells truckers it may drop them if they haul for Amazon

As the war for online retail dollars heats up, Wal-Mart has told carriers that work for the company that it may rescind its business with them if they haul loads for Amazon.

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DAT’s new TruckersEdge Pro now shows rate averages paid to owner-operators in recent weeks

Loadboard DAT Solutions on Friday announced the availability of TruckersEdge Pro, an updated version of its loadboard that allows owner-operators to see the rate averages in specified lanes paid by brokers over the past 15 days.

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State of insurance for independents with new authority: Pricey, and getting pricier

When it's time to shop coverage around: With a fleet at around four years old and no significant history of claims, a seven truck fleet's liability insurance rates had risen substantially in its fourth year to roughly $15,000 annually per truck, all in. That's not how it's supposed to go, noted presenters at an insurance session at Expedite Expo.

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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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