Business

Spot market: Van rates get a penny back, reefer demand shifts slightly north, west

Reefer activity has slowed in Southern Florida, while demand for reefer trucks has picked up farther west, but in North-Central Florida, the Lakeland area is still No. 2 for reefer load posts on DAT load boards. Van load-to-truck nationally inches toward 4, where it really starts to favor carriers.

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Partners in Business podcast: Managing your fuel costs

This installment of Overdrive’s Partners in Business covers how to control fuel costs. That includes minimizing fuel consumption, getting a fair fuel surcharge and choosing where to buy fue

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Trump budget: More tolls and private rest areas, less money for DOT

Trump's budget would open up existing Interstate lanes to tolling, allow private companies to operate rest areas and slash the DOT budget over the next five years.

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KeepTruckin gets $18M infusion

The infusion of venture-capital cash will allow the company, started as a smartphone-based logging platform in 2013, to take its current electronic logging device and small fleet management platform into new areas, including freight matching.

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Hey, Mr. Shipper! (or: Another selling point for dealing direct)

Tip of the hat to a Rate Per Mile Masters member for this scenario/question: "When you book the load at noon, get to the pickup at 1 p.m., shipper says, 'You're late, you were supposed to be here at 10 a.m.!' ... What is your would-be response if you just said what you felt like saying?"

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Details on out-of-service conditions related to ELDs, come December 18

CVSA's new ELD-related out-of-service conditions are actually footnotes regarding current OOS violations having to do with hours of service.

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Latest ‘uber for trucking’ launches app — this time, it’s from Uber itself

“Uber for trucking,” long considered a freight-matching unicorn, has come to a kind of fruition, with the ride-sharing giant today unveiling its brokerage's Uber Freight matching app aimed at the owner-operator market with a focus on dry van and reefer loads.

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POLL: What’s your bigger business priority, profit growth or income stability?

Climing the ladder v. holding down a gig, greater risk is greater reward v. sticking with what's dependable, economic growth v. stability -- the prioritization choice is cast in a lot of different ways. Which side, if any, do you fall on when thinking about your business' future?

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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

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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