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Business: Page 20
Business
How to beat brokers at their own game and win direct freight
Brokers land big dedicated freight contracts all the time without knowing the ins and outs of hauling, so why can't you? Here's how to beat the brokers at their own game: Sales.
October 28, 2024
Regulations
Trucking's driver shortage assertions 'spurious': New compensation report on safety, retention
Research conducted by the National Academies of Sciences, Engineering, and Medicine looked at how truck driver pay and methods of pay impact driver safety and retention. In doing so, questions were raised about the industry's "driver shortage" assertions.
October 25, 2024
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February 19, 2025
Business
I-95 closures next weekend | Trucking conditions improved through late Summer
Despite recent improvement, FTR's Trucking Conditions Index remained negative and is forecast to remain negative to neutral into 2025. Also: I-95 lane closures planned in Rhode Island for the next two weekends; fleet seeks brake lighting waiver.
October 25, 2024
Business
Truckload breakeven price jumps, poised to increase in 2025
Cost factors have evolved in the past year. Though fuel costs have decreased, driver wages, lease/purchase prices, and maintenance costs have risen.
October 25, 2024
Regulations
FMCSA says fighting fraud will improve safety, with first look at new registration system
FMCSA top brass seemed to elevate the fight against fraud to a full blown safety issue and top priority at a "stakeholder day" first-look tour of a newly modernized registration system.
October 23, 2024
Overdrive Extra
$1/gal: A fuel holy grail?
Or just an example of the limits of technology? In this case, despite two different fuel-price-info apps showing $1/gal. at the same South Dakota truck stop, turns out ...
October 23, 2024
Business
Diesel down, rates up | More time to comment on split-sleeper exemption
Diesel's down and rates are up in the most recent week, with fuel wiping out recent gains and rates seeing a post-hurricane bump. Also: FMCSA reopens comment period on fleet's split-sleeper waiver; big fines for trucks in national park; more.
October 22, 2024
Overdrive Extra
After the accident: Understanding downtime claims for owner-operators and small fleets
Attorney Kelsea Eckert notes truck owners have a right to downtime compensation from at-fault parties in most states. Those parties' insurers, however, may not volunteer the information. It’s important to prove the loss, push for rightful compensation.
October 22, 2024
Business
Cargo theft up in third quarter compared to 2023
CargoNet reported a 14% year-over-year increase in cargo theft in Q3, but a 1.6% decline from Q2. Also: Vision Systems North America seeks extension for mirror-alternative camera waiver; Freightliner dealer celebrates 70 years.
October 21, 2024
Business
OOIDA calls out Carrier411 enabling brokers 'blackballing motor carriers on hearsay'
The Owner-Operator Independent Drivers Association calls for giving carriers a voice on the Carrier411 legacy "carrier vetting" platform, after that company made changes to its consequential FreightGuard reporting system for brokers earlier this month.
October 21, 2024
Partners in Business
IRS tax relief for businesses in hurricane-impacted disaster areas
Owner-operators and other 2023 tax filers who've been granted extensions for this year's filing by the Internal Revenue Service could be eligible for further relief in the wake of devastating hurricanes in the Southeast.
October 18, 2024
Business
Carrier411's big changes to its 'FreightGuards' might open a legal can of worms
Earlier this month, Carrier411 CEO Darren Brewer quietly made big changes to its 'FreightGuard' reports about carriers that have brokers, carriers and legal minds scrambling. Chief among the shifts: Preservation of broker allegations otherwise deleted.
October 16, 2024
Overdrive Radio
Rene Holguin, September Trucker of the Month, cementing a legacy with authority
Overdrive's September Trucker of the Month achieves a significant pay-it-forward goal after getting into business with the tutelage of a family member. In this week's Overdrive Radio podcast, dive into Holguin's two-decade-plus history trucking.
October 14, 2024
Small Fleet Champ
Four finalist fleets to square off at NASTC show
Overdrive's Small Fleet Championship advances to the ring, with a panel of judges selecting four finalists, two in each size division, to meet in Nashville, Tennessee, Nov. 7 for the final rounds. Meet the finalists here.
October 11, 2024
Business
Spot rates see post-Hurricane Helene bump
FTR and Truckstop reported the spot freight market saw the largest weekly rates increase of 2024 last week. DAT likewise reported notable rate increases. Also: New fuel credit program for new carriers; big trucking donation to St. Christopher.
October 10, 2024
Small Fleet Champ
High Road owner Sharon Lee masters art of prioritization
Tour haul small fleet High Road owner Sharon Lee's in it for the people, not the trucks. "The truck part of the business is a means to an end. I love the company, I love the clients, I love the drivers," and her support of all shines with biz growth.
October 8, 2024
Regulations
Regional emergency declared for Helene response | FEMA update on spot load postings
FMCSA issued a Regional Emergency Declaration in 7 states to help with Hurricane Helene relief efforts, while FEMA updated its response efforts. Also: International, Freightliner, Western Star trucks recalled; shippers' market conditions mostly neutral.
October 7, 2024
Partners in Business
ATBS' owner-operator performance update: Inside the numbers, full presentation
A measure of cost/income stability showed in ATBS' update, but what about rates? ATBS VP Mike Hosted's full presentation offers plenty insights, likewise on maintenance spend, fuel costs and efficiency, and much more. Track through it all here.
October 7, 2024
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Top Stories
Regulations
DOT reveals the real reason it's pushing out 200,000 non-domiciled CDL drivers
The U.S. Department of Transportation said it doesn't need a study on safety outcomes to end non-domiciled CDL issuance, because foreign citizens can't prove their U.S. driving records. Here, find both DOT's and the non-domiciled CDL rule challengers' arguments in detail, before a court decides the fate of the rule.
Small Fleet Champ
Roadside war stories, camaraderie, ownership advice: Small Fleet Champs deliver
Trucker of the Year
Trucker of the Month John Penn reaps 10-mpg-plus rewards of two decades learning, growing
Custom Rigs
'A Touch of Class': Greg Kiser Trucking's custom '08 Pete makes old-school style new
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