Business: Page 24

Overdrive Extra
UPDATE: Would-be FMCSA registration hackers claim to fight fraud with latest phishing expedition
FMCSA's latest impersonators in the "hacker community" are sending a fake information request claiming to be protecting carriers against fraud. And: How's this for a hotshot? Small fleet owner Rudy Yakym Jr.'s maiden semi-retired voyage in '22 Ram 5500.
July 25, 2024
Fake USDOT letterhead/email head
Overdrive Extra
After engine failure, owner-op John Fuller's lucky lease on his business' life
Fuller's been on a long haul now through trucking, back to "feeling like a rookie again" in a 2025 Freightliner he's lucky to have, as Overdrive Extra contributor Gary Buchs notes. Here, Fuller's outlook for business after a fairytale series of events.
August 6, 2024
Frank Lonegro, John and Jo Fuller, Randy Morgan with giveaway 2025 Cascadia
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Business
Major load board outsourcing customer service: What truckers can expect
Layoffs and outsourcing restructure the Truckstop load board service; CEO Kendra Tucker said she's hopeful for improved customer service and more with a new carrier-support team in Texas, and internal and broker-facing support teams overseas.
August 5, 2024
Truckstop1
Overdrive Radio
Trucker of the Month Mike Nichols steers business with reliable partnerships high in mind
Putting out a shingle with authority in dry bulk, handling all the maintenance: Neither are practical options for owner-op Mike Nichols, who instead steered his one-truck business to key partnerships in those areas on the winding road to success.
August 5, 2024
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Business
DAT does broker transparency? Seeing what the shipper paid
While the debate over broker transparency rages, DAT Chief of Analytics Ken Adamo said the load board is toying with a new product feature that would show what shippers paid brokers.
August 1, 2024
adamo transparency
Business
Survey: Brokers optimistic about near-term freight market
A survey of brokers from Bloomberg and Truckstop shows signs of optimism for higher volume, rates. Also: States will downgrade CDLs for drug/alcohol clearinghouse violations; last chance to comment on predatory towing; bill streamlines TSA credentialing.
August 1, 2024
truck backing to dock
Business
Do carrier 'vetting' services unfairly tarnish too many good carriers, or bring them out of the dark?
This two-question survey asks for input and opinion on the effectiveness of carrier "vetting" services like Carrier Assure, Highway, Carrier 411, and others used by brokers, growing at the intersection of the carrier/broker relationship.
July 31, 2024
Night Trcuk On The Road Van From Behind
Parking
Get $755 million truck parking bill across the finish line: Truckers to Congress
A coalition of groups calling for dedicated parking funding includes OOIDA, NASTC, ATA, TCA and more. Also: Closure planned for I-17 in north Phoenix this weekend; Love's Financial acquires REV Capital's factoring business.
July 31, 2024
Truck parking at rest area
Trucker of the Year
Know your limitations, partner accordingly: Trucker of the Month Mike Nichols
After starting his trucking career nearly 40 years ago but spending a number of those years in other industries or elsewhere in trucking than behind the wheel, Nichols well knows his biz strengths, too, and finds home leased to Wayne Transports.
July 30, 2024
Mike Nichols with his 2020 Freightliner Coronado
Business
Knight-Swift acquires Dependable Highway Express, boosting LTL footprint
Over the last 36 months, Knight-Swift has made four big moves in the LTL business.
July 30, 2024
Dependable Highway Express truck
Regulations
Battery fire shutdown on I-15, I-40 | Groups call for finance-crimes' biz-reporting delay
Just what happened on I-15 out West, and more than 130 trade groups seek delay of FinCEN's Beneficial Ownership Information reporting requirement for small biz. Also: More trucks recalled over tie rod issue; large fleet gets pre-CDL team driving waiver.
July 29, 2024
Battery Truck Fire
Business
How to sell a trucking company: Maximizing buyer interest requires reducing perceived risk, analysts say
Besides ensuring your financial books are in order, it’s important to build trust between buyer and seller.
July 17, 2024
M&a
Channel 19
'Fraud apocalypse': Brokers circling the wagons, shutting carriers out
Markets are loose, fraud is rampant, and brokers are getting picky, insisting on inspections and history from independents. Hold fast to that authority, because with today's "carrier vetting" protocols, brokers are just looking for a reason to say no.
July 26, 2024
Preiodic Inspection Truck
Regulations
Senators look to empower FMCSA, other agencies after landmark Supreme Court decision
A group of Senators introduced a bill to keep the so-called "Chevron doctrine" in place, court precedent that gave regulatory agencies like FMCSA deference in courts when considering ambiguous statutes related to regulations.
July 25, 2024
Trucks on Mall with U.S. Capitol
Equipment
First driverless haul in Texas oilfields | Liquid meth found in diesel tanks
Kodiak Robotics and Atlas Energy completed a 21-mile run without a driver in the cab on Atlas' lease roads in the Permian Basin. Also: Liquid meth shipment found in truck's fuel tanks; cocaine, meth found in hidden frame compartment; more.
July 24, 2024
Kodiak truck at Atlas Energy location
Business
How to build business for trucking's down cycles: Live next month
Tackle today's central problem with us in this live online event. Learn how to prep for and profit in times of rising costs and declining revenues by routinely doing the small things, and being smart enough to spot the big ones, necessary to run strong.
July 23, 2024
Overdrive webinar collage
Regulations
FMCSA pleads with Congress for more power to punish brokered-freight fraudsters
FMCSA tells Congress in a report it needs more power to issue $10,000 fines for unlawful brokerage activities, admitting the agency is essentially powerless to stop fraud as it is.
July 23, 2024
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Overdrive Radio
'Roll On, Alabama!' On the road with tour hauler Josh Gentry
Gentry, son of founding Alabama group member Teddy Gentry, now hauls with the family business in a truck rekindling a partnership between the group and Kenworth that extends back into the 1980s. Sit in on his recent Alabama-Tennessee run in this podcast.
July 22, 2024
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Pride & Polish
Overdrive's Pride & Polish: Vote for your favorite rigs today
Cast your vote through Nov. 30 for the best truck in each of five categories: Antique, Interior, Limited Mileage, Working Bobtail, and Working Combo.
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Regulations
DOT reveals the real reason it's pushing out 200,000 non-domiciled CDL drivers
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Small Fleet Champ
Roadside war stories, camaraderie, ownership advice: Small Fleet Champs deliver
Indiana-headquartered owner-operator John Penn is making a name for himself amongst his peers for a drive to excel in fuel efficiency and management of customer relationships for steady business. Penn is the October Trucker of the Month, putting him in the running for Overdrive's 2025 Trucker of the Year award.
Trucker of the Year
Trucker of the Month John Penn reaps 10-mpg-plus rewards of two decades learning, growing
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