Business

Final tally: Trucking gave $160k to Trump campaign, $6.3M overall in political contributions

Republican presidential candidate Sen. Ted Cruz (Texas) was the industry’s top recipient, scoring more than $169,000. President-elect Donald Trump was second, drawing $161,703. Democratic nominee Hillary Clinton ranked third, receiving $114,256.

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New York latest state to pass anti-indemnity law protecting truckers from freight damage

New York has become the 45th state to void indemnity clauses holding trucking companies responsible for damaged goods, regardless of fault.

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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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Reefer gaining ground in select markets, dry van rates improving overall

Last week looked more like a June produce peak than the first week in November for reefers. The national average rate per mile was way up, and volumes surged 7 percent nationwide. More on hot reefer and dry van markets.

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Owner-operator 2016 income stable, even with downturn

Owner-operator miles and earnings have been steady this year, according to ATBS. Based on clients’ third quarter, annualized net income would top $61,000.

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Trump bests Clinton, aided by trucking support

Support among truckers helped propel businessman and Republican nominee Donald J. Trump to victory. Trucking-based financial contributions also heavily favored Trump.

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Partners in Business tip: Obtain a monthly earnings statement

All of your records should be converted into a profit and loss statement at the end of every month to show miles, revenue, costs and how much money you made or lost.

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‘Legitimate freight options’ — old ways in new times

There's many ways to skin the cat on freight -- in response to a reader question about legitimate freight options, an update on newer load boards/marketplaces and mobile-optimized brokerages and a revisit to tried-and-true methods, doing the hard work, etc. ...

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FreightWatch: Cargo theft instances climb from same period in 2015

During the third quarter, FreightWatch saw 77 cargo thefts in July, 66 in August and 50 in September.

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Diesel dips a penny, steady near $2.50

Diesel pricing remains around $2.50 a gallon nationally despite a long-term trend of growth in recent months.

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