Business

Business
Diesel fuel shortage hits the Northeast | Insurance minimum increase stymied by insurance industry, lack of data
Major truck stop operators warn of "extremely low" diesel inventories and refinery problems across the East Coast and beyond. Also: Lack of insurance data limiting FMCSA's carrier insurance minimum analysis; Michigan weight restrictions lifted; more.
May 13, 2022
Five Dollar Diesel 2
Business
Chances of freight recession 'considerable,' according to Cass Freight Index
According to Cass, freight volumes were down month/month and year/year in April. Also: Top 20 most reliable parking locations; fleets announce leased and employed operator compensation increases; latest Highway Angel recognized.
May 12, 2022
Reefer Trailers
Business
Truckers mostly filling up on profits in ‘feast or famine’ oilfield trucking niche
The oilfield segment of trucking is as diverse as the trucking industry itself. With flatbeds hauling equipment, liquid bulk tankers hauling water and crude, pneumatic tanks hauling frac sand and more, opportunities in oilfield abound.
May 12, 2022
Three of Frank Bowman's trucks
Partners in Business
Partners in Business tip: Remember the warranty during truck loan negotiations
Partners in Business says to focus on understanding the warranty and making sure it will work for you. More information here on Overdrive.
November 4, 2020
In the Bobtail lot at GATS 2010
Business
Fuel prices blow toward another record high | Texas-based small fleet shut down
Diesel increased 11 cents nationwide, as rates were flat. Also: FMCSA shut down an 18-truck carrier for being “egregiously noncompliant with multiple federal safety regulations;" new rest area open along I-26 in N.C.; I-81 rest area closing for summer.
May 10, 2022
Fueling Trucks Island
Overdrive Radio
Fuel-market insanity: A tale of two loads, bedrock cost control, rates-management tactics
Fuel is out of hand, and in today's edition of Overdrive Radio, NASTC President David Owen and Overdrive Small Fleet Champ Jason Cowan, offer insight on why, ways to combat. Also: Tactics to keep rates where they need to be. Don't forget your best tool.
May 6, 2022
Pjimage (7)
Regulations
FMCSA's Truck Leasing Task Force application deadline extended
The Federal Motor Carrier Safety Administration is extending the deadline for Truck Leasing Task Force (TLTF) applications through May 13. Also: I-10 closures planned in Phoenix this weekend; TA Citizen Driver Contest nominations open.
May 5, 2022
Trucks On Highway
Overdrive Extra
Safeguard your trucking business’ certificate of insurance to avoid becoming an ID theft victim
And more ... COIs can provide a gateway not only to identity theft but insurance fraud and other scams for would-be thieves. Truck owner and insurance agent W. Joel Baker outlines steps to take to protect your certificate from thieves' access.
May 5, 2022
semi-trucks going uphill on a highway 78
Partners in Business
Partners in Business tip: Log your spending
In the latest Partners in Business program post, we're discussing how to keep track of your spending. This means every purchase.
October 22, 2020
business statement
Small Fleet Champ
Enter Overdrive's 2022 Small Fleet Championship
Do you have what it takes? Enter the 2022 small-fleet competition to put your small trucking company in the running to claim the vaunted title belt. Fleets operating 3 to 30 trucks through 2021 year-end are eligible.
March 2, 2022
Screen Shot 2022 04 29 At 3 32 25 Pm
Regulations
OOIDA decries FMCSA's revival of speed limiter mandate
The group has long been opposed to speed limiters on trucks, citing increased congestion and decreased safety if limiters are mandated in all trucks. Also: Another sentencing, guilty plea announced in staged-accident scheme; new Love's in Minnesota.
April 29, 2022
Truck On Highway
Regulations
FMCSA updating household goods regs with new recommendations
The agency received recommendations from the Household Goods Consumer Protection Working Group and is incorporating a number of those recommendations into HHG regs. Also: Overdrive Radio named 'Best Podcast'; Driver honored for on-highway rescue.
April 28, 2022
Fred Metzler 2001 379 Peterbilt With Ict 134 Inch
Regulations
FMCSA again plans to explore speed limiters for heavy-duty trucks
The agency issued a notice of intent to proceed with a rulemaking that would require the use of speed limiters on heavy trucks.
April 28, 2022
Speeding Gov Shots
Business
Trump, Teamsters, Yellow Corporation under fire over $700 million loan
Rep. James Clyburn released "troubling new evidence" that he hopes will lead to an OIG investigation into "whether any of the misleading representations Yellow made in applying for its (Federal) loan" violates federal law.
April 27, 2022
The cover image of Rep. Clyburn's staff report.
Business
A spot market volume boost, owner survey shows optimism | Operator shut down by FMCSA after crash
Recent survey results from owner-operators show optimism about growth in volume and rates this year, despite rising costs. Also: A Pennsylvania-based propane hauler was shut down after post-crash testing revealed high blood alcohol content.
April 27, 2022
All-in flatbed spot rates hit a record last week in Truckstop.com's load board, edging up a half a cent to just barely exceed the prior record posted two weeks earlier. Flatbed rates were about 12% higher than the same 2021 week and even 1% higher excluding a calculated/estimated fuel surcharge. Flatbed load postings rose 12% after falling for five straight weeks.
Partners in Business
Partners in Business tip: Shop for insurance
If you're looking to get a truck loan, don't automatically include insurance in the contract. Take a moment to shop around to get the best insurance rates.
October 14, 2020
trucks-on-highway-2017-05-31-14-01
Overdrive Extra
How would overtime pay affect trucking safety?
Eliminating the FLSA exemption to deliver overtime pay to drivers would impact safety, but would the impact be positive or negative? Researchers have identified several factors that could shape the outcome.
April 25, 2022
employment law reg books
Voices
Survey: Business impacts of severe weather -- what have you seen?
Extreme weather and natural disasters are on the rise, and often professional drivers face it down whether on the road or in prices for everyday goods when supply chains get disrupted. Sound off here on how weather's impacted your business.
April 26, 2022
flood trucks at truck stop
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Top Stories
Three of Frank Bowman's trucks
Business
Truckers mostly filling up on profits in ‘feast or famine’ oilfield trucking niche
The oilfield segment of trucking is as diverse as the trucking industry itself. With flatbeds hauling equipment, liquid bulk tankers hauling water and crude, pneumatic tanks hauling frac sand and more, opportunities in oilfield abound.
Electric trucks with charger
Equipment
Will battery-electric trucks end up a ‘black eye’ on environmental benefits?
1984 and 1987 Peterbilt 359s
Custom Rigs
Darrell Estes' pair of custom Peterbilt 359s -- a 1984 and '87, both with rich histories
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Overdrive Radio
Fuel-market insanity: A tale of two loads, bedrock cost control, rates-management tactics
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How politics and PR cloud 'zero emissions' reality -- digging into recent ATRI analysis
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