Liability insurance, particularly for new owner-operator businesses, can rank number one for in fixed costs for an independent without a truck payment -- $10K a year or more for a new business. If you've boosted your total coverage amount from $750K or $1 million upward in recent years, how much more did you subsequently pay in premiums?
A federal regulation upping the amount of liability insurance carriers must have is still slated to be published as a proposed rule next month, while the department’s rule to require use of speed limiters on heavy trucks and its Safety Fitness Determination rule are now projected to be published as proposed rules in early 2015.
The national average price for a gallon of on-highway diesel fell again in the week ended Sept. 15, according to the Department of Energy, who reported it as down another 1.3 cents to $3.801.
Pennsylvania's enforcement program might be the most mobile in the nation -- the No. 2 state for inspection intensity in 2013, the state conducts the large majority of its inspections away from any scale.
You’ve heard the old axiom “If it ain’t broke, don’t fix it.” Many owner-operators seem to follow that rule, but you shouldn’t get caught up in that mindset: It’s much more economical to maintain an engine and truck than it is to replace parts because of neglect.
FTR and Internet Truckstop announced a new strategic industry partnership to offer market analysis and specificity for both contract and spot freight segments by region and by trailer type.
That distinction goes to Maryland, followed by Pennsylvania -- while both are heavy on inspections, their rate of issuing violations falls below the national average. Find a look at Maryland's program here.
The new paper, "Truckload Capacity in 2014: What’s Causing the Capacity Crunch and What Can Shippers Do About It," though aimed at shippers, is an interesting read through a multifaceted set of circumstances that's led to today's favorable spot market conditions.
Sign up to get Overdrive's daily newsletter.