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Business
Unlike prior storms Hurricane Ian delivers 'more regional impact' on loads and rates
Preexisting market conditions help turn Category 4 Hurricane Ian into more of a regional event as national freight averages remain 'virtually unchanged.'
October 4, 2022
Business
Baylor Trucking acquired by Werner
Werner will take on 200 trucks (170 company and 30 owner-operators) and 980 trailers in the deal, along with 234 drivers. Also: New reefer monitoring device available from Motive; Yokohama increasing tire prices.
October 4, 2022
Channel 19
Double-brokering scams that can result in theft of more than just money
Amid alerts to an active ring in Southern California targeting cargo for theft through various "strategic" means, a well-known theft investigator laid out three double-brokering and/or ID-theft scenarios that increasingly result in physical load theft.
October 4, 2022
Small Fleet Champ
This year's Small Fleet Champs: Four finalists headed to Nashville for the final round
Florida-based CAP Trucking will face off with Texas fleet Creech Trucking for the title belt in the 3-10-truck category. In the 11-30-truck category, Iowa-headquartered Holtkamp Transportation is up against John McGee Trucking, out of Louisiana.
October 3, 2022
Overdrive Radio
The spot-market slide, and an owner-op return to leasing refuge
As rates on the spot markets for freight have fallen, ATBS is starting to see a shift for many owners who went out and got authority during the last couple of spot market boom years, a move back to leasing. Dig into revenue, cost, income performance here.
September 30, 2022
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Regulations
Hurricane Ian prompts Regional Emergency Declaration covering eight states
FMCSA issued the declaration, which suspends maximum driving time regs for drivers providing emergency relief to storm-affected areas. Also: DAT and ACT Research partner to enhance market forecasting efforts; latest spot rates update; new Love's in Iowa.
September 29, 2022
Small Fleet Champ
Globex Transport's owner-operator focus yields big growth in most recent two years
Owner Tommy Piluyev's skill managing freight negotiations from the office, and increasingly his ability to delegate to a back-office core of employees with similar abilities, have helped spur that growth. A very low owner-op-to-dispatcher ratio helps.
September 29, 2022
Channel 19
FMCSA official re-emphasizes exploratory nature of pre-2000 exemption attention
Associate Administrator Larry Minor joined truckers John Grosvenor, Shawn Mitchell and others for a discussion of the current ELD-regs comment period. For now, Minor emphasized, "we're asking questions" about the pre-2000 exemption, not proposing change.
September 28, 2022
Partners in Business
Back to basics with owner-operator business planning
If you’re successful but never had a written business plan, you’re probably already doing these things in your mind. Yet there's accountability power in writing plans down -- and potential to yield better results achieving goals.
September 28, 2022
Business
Freight disruption likely for Florida coast as HOS waivers issued ahead of hurricane landfall
Inbound volumes are likely to pick up immediately in the Tampa Bay area after Hurricane Ian moves in, with outbound lagging 'a week or two.'
September 27, 2022
Small Fleet Champ
Creech Trucking follows dairy industry to growth, stability long-term
Texas has become the third-largest dairy-producing state in the country in recent years. 10-truck Creech Trucking, after the tragic death of its founding owner, delivers on a mission to supply regional farmers with feed, producing strong income.
September 26, 2022
Business
Trucking conditions expected to remain moderately weak
FTR's Trucking Conditions Index improved in July, mostly due to falling fuel prices that month, but the firm expects a long period of moderate weakness. Also: Driver honored for helping woman who crashed; NTTC donates to St. Christopher Fund.
September 23, 2022
Small Fleet Champ
31 straight years of revenue growth: John McGee Trucking leans on 'Golden Rule'
Hauling from a Louisiana base in support of oilfield operations around the region, John McGee Trucking has leaned into a people-first philosophy to quadruple its revenues, inspire loyalty and build a place where hauling careers are made.
September 22, 2022
Regulations
Rhode Island truck-only tolls finally defeated in court
The decision, which ruled Rhode Island's truck-only tolls unconstitutional, has been hailed as a big victory for trucking and drivers, with trucking associations blasting the tolls as exploitive and unjust.
September 21, 2022
Business
Diesel prices drop back below $5/gal, spot freight rates continue slide
The U.S.’ average for a gallon of on-highway diesel is now $4.96, as spot freight demand improved week over week but rates continued sliding, van and reefer freight settling nearer the five-year average. Also: Latest Highway Angel; NTP acquired.
September 21, 2022
Partners in Business
Big owner-operator revenue gains entirely offset by fuel, other costs
And then some, for some segments among clients of the ATBS owner-operator business services firm. Independents and leased flatbedders led the way in income losses year-over-year, comparing 12-month periods through June.
September 20, 2022
Business
XPO Connect delivers growth with a human touch
XPO Connect has reached over 800,000 downloads as it continues to draw more carriers and shippers together who are eager to take advantage of the digital platform's freight efficiency functions — but digital truck brokering isn't for everyone.
September 20, 2022
Small Fleet Champ
After record 2021, and amid setbacks, Suprise Trucking charts the path forward
Commitment to owner-op and employee success has translated to revenue growth year after year. Suprise grossed $1 million for the first time in 2020, and shattered that in 2021. Diversification and investment in people lays groundwork for the future.
September 19, 2022
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Small Fleet Champ
This year's Small Fleet Champs: Four finalists headed to Nashville for the final round
Florida-based CAP Trucking will face off with Texas fleet Creech Trucking for the title belt in the 3-10-truck category. In the 11-30-truck category, Iowa-headquartered Holtkamp Transportation is up against John McGee Trucking, out of Louisiana.
Overdrive Radio
The spot-market slide, and an owner-op return to leasing refuge
Custom Rigs
3 Angels, 3 trucks: Aispuro family fleet shows out in force
Regulations
Owner-ops, groups: COVID hours waiver should open door for more HOS flexibility
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