Business

Overdrive Extra
Understanding costs/profit in relation to time for better load evaluations
Trying to select the loads based on the information showing on the load boards, or received from a broker on the phone, can play out with huge differences when it comes to bedrock costs/profit. Use these cost strategies for better self-dispatch results.
June 27, 2022
owner-operator talking on cell phone in truck's driver seat
Partners in Business
Partners in Business tip: Factors that influence interest rates
Want to know what factors most influence your credit rating and, thus, your interest rates for truck loans? Here’s what you need to know.
March 31, 2021
shutterstock_90927878
Electronic Logging Devices
FMCSA removes ArionT ELD from registered devices list
ArionTech's ArionT ELD is the first device revoked by FMCSA. Operators using the device have until Aug. 24 to replace the device with a compliant ELD. Also: Truckstop.com launches new partner marketplace; latest Highway Angel.
June 28, 2022
ArionT ELD
Overdrive Extra
How to change your decision-making for successful self-dispatch
Are you moving to assume greater control of your load selection, negotiation, planning? This two-part feature, by longtime owner-operator and business coach Gary Buchs, looks closely at aspects of self-dispatching that can set you up for success.
June 27, 2022
Owner-operator in driver's seat look at load board on tablet
Regulations
Three-truck fleet shut down following numerous violations, fatal wreck
The Connecticut-based carrier's vehicle out-of-service rate was almost four-times the industry average.
June 27, 2022
Trucking shutdown order
Regulations
Trucking company owners plead guilty to PPP loan fraud
The owners of a Grand Rapids, Michigan-based company face up to five years in prison. Also: 33K Navistar vehicles recalled over widespread steering gear issue; Indiana-Kentucky bridge tolls increasing.
June 27, 2022
Judge gavel
Business
Supreme Court decision on AB 5 remains on hold
SCOTUS did not include the California Trucking Association’s challenge to California’s AB 5 independent contractor law in its latest Order List issued Monday.
June 27, 2022
trucking in California
Business
USA Truck acquired by DB Schenker
The $435 million deal immediately gives DB Schenker rich access to the U.S. freight market.
June 24, 2022
USA Truck semi on a bridge
Regulations
FMCSA's Hutcheson clears hurdle toward confirmation as agency's boss | $4M in suspected meth uncovered at border
Robin Hutcheson was recommended by the Senate Commerce, Science and Transportation Committee for confirmation as FMCSA Administrator. Also: Nominations closing soon for Citizen Driver award; driver arrested after border inspection reveals suspected meth.
June 24, 2022
Robin Hutcheson
Small Fleet Champ
Small Fleet Champ, Round 1: Enter by June 30
The initial entry period for owners competing in Overdrive's Small Fleet Championship will end tomorrow, on June 30. Do you have what it takes? Enter your fleet of 3 to 30 trucks for a chance at claiming the title belt.
May 20, 2022
Overdrive Small Fleet Champ belt
Regulations
White House calls for fuel-tax holiday -- including diesel tax | Brake Safety Day out of service results
Wednesday, Biden administration urged Congress to exempt fuel purchasers from the federal fuels taxes -- 24.3 cents per gallon of diesel currently. Biden called for a three-month holiday. Also: Brake hose chafing OOS violations make a small rise.
June 23, 2022
Brake hose/tubing chafing violations were a principal focus of the April unannounced brake-inspection effort.
Business
Spot rates ended May down, despite some bright spots -- flatbed rates dropped sharply in the last week, though
With contract rates continuing to break record highs, spot rates all-in have slipped, with the exception of the flatbed segment's strength throughout the last month. This past week, however, flat rates took a turn, dropping almost 9 cents on average.
June 22, 2022
Chart of DAT van volume and rates May 2021 to May 2022
Partners in Business
Partners in Business tip: Properly spec your tires
Did you know that properly spec'ing your tires can save you money? Spec'ing your tires can reduce tire cost per mile and reduce fuel cost per mile. Learn more.
March 24, 2021
Retread Image
Regulations
I-81 enforcement blitz, truck parking roundtable | Trucking conditions bounced back in April after miserable March
The I-81 Corridor Coalition holds a series of virtual roundtable discussions on truck parking from Wednesday, June 22 to Friday, June 24. Also: FMCSA's enforcement blitz on I-81; FTR's Trucking conditions index was positive in April, despite headwinds.
June 21, 2022
chart of FTR trucking conditions
Business
'There is not a shortage of DEF,' say nation's truck stops
Truck stops say there is no shortage of DEF, despite reports that railway constraints and Russia's invasion of Ukraine have made distribution problematic.
June 20, 2022
DEF sign at a truck stop
Overdrive Extra
'What do I do now to stay in business?' 5 tips toward reining in costs
W. Joel Baker answers the question in the title, one he's been getting increasingly from struggling small fleet owners. The answer? Part of it is to avoid the self-inflicted wounds common to trucking business owners who've grown too quickly.
June 20, 2022
Truck in traffic on the lower east side in NYC
Business
Large Canadian cross-border fleet acquired | I-5 closures next week
Fastfrate Group acquired a majority stake in Ontario-based Challenger Motor Freight. Also: I-5 closures in Washington state next week; Pilot expanding into compressed natural gas business.
June 17, 2022
Challenger Motor Freight truck
Overdrive Radio
Maximum daily driving/duty flexibility in HOS, and the owner-op in pursuit of it
For this edition of Overdrive Radio, we're joined by Lee and Lisa Schmitt. Lee's exemption request from parts of the hours of service turned plenty heads when it hit the Federal Register recently. Also: We pause to recall an owner lost far too soon ...
June 17, 2022
Collage of Overdrive Radio logo with Lee and Lisa Schmitt and Troy Huddleston
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owner-operator talking on cell phone in truck's driver seat
Overdrive Extra
Understanding costs/profit in relation to time for better load evaluations
Trying to select the loads based on the information showing on the load boards, or received from a broker on the phone, can play out with huge differences when it comes to bedrock costs/profit. Use these cost strategies for better self-dispatch results.
Owner-operator in driver's seat look at load board on tablet
Overdrive Extra
How to change your decision-making for successful self-dispatch
California doubles hay hauler's rolling into a parking lot
Custom Rigs
Love the smell of hay in the morning? Scenes from the A.J. Soza Memorial Truck Show
Overdrive Small Fleet Champ belt
Small Fleet Champ
Small Fleet Champ, Round 1: Enter by June 30
Garmin Dezl Truck Navigators
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