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Business: Page 13
Business
Diesel hovering around $3.50 as freight rates present a mixed bag
Fuel prices hit a three-year low two weeks ago week before ticking up slightly last week. Meanwhile, rates last week were up and down. Also: New owner-op training course from CarriersEdge; more states opt into Drivewyze in-cab alerts.
December 18, 2024
Regulations
Regulatory update: AEBs, speed limiters, more expected in 2025
A final rule to mandate automatic emergency braking systems is expected in January, a notice of proposed rulemaking to mandate speed limiters is planned for May, and a number of other regulatory moves are expected in the coming months.
December 17, 2024
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March 24, 2025
Business
DAT acquires Trucker Tools | Purple Heart recipient Army vet wins new T680
Stevens Transport driver Cory Troxell won the 2024 Transition Trucking award for the nation's top military veteran rookie truck driver. Also: DAT has acquired Trucker Tools; Heniff acquired a European bulk firm; Good Samaritan trucker returns lost purse.
December 17, 2024
Trucker of the Year
How Trucker of the Year contenders beat 2024's sluggish conditions
This second installment wrapping up 2024's competitive TOTY field shows owners poised for growth in the new year, in plenty more ways than one. Check in with Alec Costerus, Greg Labosky, Mike Nichols and the brothers of Zimmerman Ag.
December 16, 2024
Regulations
Broker transparency: About boosting rates? Or a fight for carrier rights?
A debate between brokers and carriers rages on about what transparency might do to rates, but according to FMCSA and OOIDA, that's not the point. Rather, the issue is carriers' rights.
December 16, 2024
Regulations
New FMCSA guidance on HOS ag exemption, rear impact guard labels
FMCSA clarified that a missing rear impact guard certification label does not warrant a violation. The agency also clarified when an "exempt" ag hauler can receive an HOS violation. Also: Fleet's under-21 waiver request denied; Iowa 80 grant recipients.
December 11, 2024
Overdrive Extra
A freight world without brokers: 'Carriers United' daring to do more than just dream
With time, this small fleet owner aims to build what he calls an "army of carriers" to deliver on goals: namely, to "put money back in the pockets of the carriers" in service to shippers, and relieve drivers of parking fees, tow threats.
December 11, 2024
Regulations
Court rules Rhode Island can reinstate truck tolls -- without daily caps
The U.S. First Circuit Court of Appeals upheld a district court's ruling that a portion of the RhodeWorks trucks-only toll plan is unconstitutional. Whether tolls will be reinstated without unconstitutional provisions is now a matter of debate.
December 9, 2024
Trucker of the Year
Success through self-help, lane change: 2024 TOTY 'exit interviews'
Overdrive's 2024 Trucker of the Year contenders have battled soft freight and sluggish rates with moves large and small. Here, four contenders map out their experience through the year, delivering insight on business decision-making.
December 9, 2024
Business
FreightValidate helps owner-operators fire back at brokers' 'carrier vetting' craze
"Carrier vetting" systems too often harshly misjudge carriers. A new service called FreightValidate hopes to level the playing field. After all, in today's fraud climate, don't brokers need scrutiny, too?
December 9, 2024
Gear
Motive Card system fires at fuel-purchase fraud
The Motive company has added fuel-fraud detection tools to its fuel-card product, in efforts to detect and stop fraud before a bogus purchase happens.
December 6, 2024
Regulations
FMCSA plows ahead with changes to Crash Preventability Determination Program
After proposing last year to expand the types of crashes eligible for review under the program to determine preventability, FMCSA decided to keep its proposal mostly as-is moving forward in making changes to the program.
December 4, 2024
Business
Heniff purchases 30-truck Hagen Johnson | The Thanksgiving spot market freight lull
Terms of the Heniff Transportation Systems-30-truck Hagen Johnson Trucking deal were not disclosed. Also: Be on the lookout for opportunity in brokered-freight markets this week. Post-Thanksgiving rates typically rise for dry vans/reefers.
December 3, 2024
Overdrive Extra
Post-election optimism yields opportunity: A new start for your trucking business
A big shift in mood post-election -- with so many owners having hung on for months, even years for the chance to move forward with optimism -- delivers opportunity for a reset. Yet don't let knee-jerk reaction overtake the necessity of careful planning.
December 3, 2024
Overdrive Radio
Trump II and the outlook for speed limiters, broker transparency, parking push
Can regulatory efforts -- whether generally favored (transparency) or not (speed limiters) -- survive a second Trump term? In this Overdrive Radio, OOIDA leaders Todd Spencer, Lewie Pugh offer perspective on that question and much more.
December 2, 2024
Regulations
FMCSA intends to hold brokers' feet to the fire on transparency -- will it work?
FMCSA says it intends to enforce broker records transparency, but will it work? Or might brokers eventually find another easy out with contract language, timing, or some other loophole?
December 2, 2024
Overdrive Extra
We're thankful! And: Kick the tires of Overdrive's new 'Load Profit Analyzer'
A message of thanks to all the owner-operators in the audience. And: First look at a load profit comparison calculator we'd love for you to kick the tires on. Take a run through Overdrive's Load Profit Analyzer.
November 28, 2024
Overdrive Extra
Broker 'confessions' novel aims at seedy underbelly of digital freight culture
"Confessions of a Freight Broker" is authored by a former broker and here reviewed by Long Haul Paul, who notes it's time for a serious conversation about money, and how much of it in trucking is making its way to those behind the wheel.
November 27, 2024
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Business
High-dollar freight means high cost consideration: Heavy and oversize hauling
There is a lot of nuance to the heavy-haul/oversize trucking niche. Equipment is more expensive, insurance requirements are higher, permitting and pilot cars add operational costs and much more. Are the rates worth the hassle?
Custom Rigs
Harlan Martin and 'Barney,' the purple 2023 Pete 389 with custom air ride, more mods
Regulations
DOT calls out 'despicable' state failures on ELP, CDL rules after deadly crash
Overdrive Extra
Proper pressure -- key for tire, driver longevity and owner-ops' bottom lines
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Rise of the 'non-domiciled CDL' for non-citizen truck drivers: Safety, rates, security
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Partner Insights
Compute the potential profit in any truckload, access per-day and per-mile breakouts with Overdrive's Load Profit Analyzer
Know your costs, owner-operators? Compute the potential profit in any truckload, access per-day and per-mile breakouts, and compare brokers' offers on multiple loads. Enter your trucking business's fixed and variable costs, and load information, to get started.
