Business

Inside the black box: A guide to ELDs

FMCSA expects to begin enforcement of its ELD mandate Dec. 18, the scheduled date by which owner-operators must be using electronic logs. There are dozens of compliance options for truckers. This comprehensive look spells out those options -- and their pros and cons.

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FMCSA increases fines for regs violations

The U.S. DOT has increased fines across the board for violations of federal trucking regulations, it announced Wednesday.

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Owner-operator analyst on 2017: ELD rate boost still looms, income to be ‘flat to up’

Owner-operator analyst on 2017: ELD rate boost still looms, income to be ‘flat to up’

ATBS' Todd Amen predicts ELD implementation will spur rate growth until about mid-2018. Rates could grow by as much as 10 percent in that time, he said. Income for owner-operators in 2016 dipped slightly from 2015. Amen said he expects owner-operator income in 2017 to be “flat to up,” he said, “but better than some expect.”

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Trucking employment rallied again in March

Trucking employment rallied again in March

Trucking’s employment additions were part of a lackluster month for national employment, with the U.S. economy adding just 98,000 jobs, according to the Labor Department’s monthly report.

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Swift, Knight enter merger agreement

In 2016, Swift reported just over $4 billion in revenue, and Knight reported $1.1 billion in revenue. The merger is expected to close in the third quarter of this year, subject to regulatory approvals and closing conditions.

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Used truck glut can spell bargains for buyers

By January 2017, retail prices for 3- to 5-year-old sleeper tractors averaged $65,910. That was $7,412 lower than the same group a year ago, and with 2.2 percent fewer miles.

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Spot market: Good things come to those who wait

Spot market: Good things come to those who wait

In this week's spot market update, owner-operator James Woods urges more owner-operators to use tactical patience/time to their negotiating advantage -- and demand maps, more for dry van, reefer loads in the last week.

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New uShip CEO Mike Williams hoping to increase business freight in principal marketplace

In an interview with Overdrive, Williams also stressed uShip's Pro platform as one that could be adopted by more brokers and 3PLs as the tech backbone of their freight-management operations, as has been done in Europe by D.B. Schenker.

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MacroPoint hits load-tracking milestone

MacroPoint, creator of patented freight tracking software designed to give shippers, brokers, 3PLs and carriers real-time visibility into load status, announced that its platform now includes one million drivers.

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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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