Business

Truck purchase v. lease: How to weigh the choices

Things have been going well for owner-operator John Doe. His primary customer has offered him greater load frequency, but taking advantage of the opportunity will require another dependable truck. Weigh his choices to purchase or lease here and weigh in with your own.

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Uber enters trucking via Otto acquisition, co.’s announce plans for freight matching system

Trucking tech startup Otto announced Aug. 18 it has been acquired by ride-sharing tech giant Uber. The two companies say they have plans for not only deploying an autonomous retrofit system on tractor-trailers, but also for bringing Uber-type technology to trucking to create a nationwide load-truck matching platform.

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Trucking industry groups say they’re concerned about costs of new emissions rule, but support goals

“Forcing a standard that can lead to problems with reliability and maintenance ultimately has no benefits to the environment if no one wants to buy the product,” one trucking industry group said.

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Full-service leasing on the rise?

Combine rapidly developing and complicated truck technology with new-equipment cost pressures and the Millennial generation’s rising presence in trucking, and some watchers see full-service leasing being increasingly attractive to small fleets.

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Speed limiter rule projected to be published next week, per DOT report

Following its recent stamp of approval by the White House, the DOT's rule to require speed limiters on heavy-duty trucks is now expected to be published next Friday.

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Partners in Business tip: Properly spec your tires

Smart tire spec’ing can save money in two ways: reducing tire cost per mile and fuel cost per mile.

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Making the truck acquisition decision: To lease or purchase?

Rising equipment, maintenance costs drive closer looks at options old and new for acquiring a truck by purchase, lease-purchase or full-service lease deal.

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Downward trend continues for fuel prices in most recent week

All regions saw a decrease with the most significant coming in the West Coast less California region, where prices dropped 1.3 cents.

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OOIDA in latest legal filing: ELD mandate too costly, too intrusive

OOIDA again argues in its latest brief the rule violates truckers’ 4th Amendment protections against illegal search and seizures and does not meet Congress’ requirements for the rule. The group also argues the mandate still opens the door for truckers to be harassed by their employers via the devices and does not stand up to a cost benefit analysis.

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Proposed federal rule to govern truck speeds to be published soon

A proposed federal rule to require the use of speed limiters on heavy-duty trucks has cleared its final hurdle in the regulatory process and will likely be published in the coming weeks. The rule will set a speed limit for on-highway trucks.

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