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Business: Page 31
Overdrive Extra
Groundhog says it's time to prep for early Spring for owner-operator business
Takeaways from the tough 2023 year have fed emotional disappointment for many owners. But not only that. Biz difficulty triggers too-fast reactions. The management moves needed to secure the business for the long term happen more deliberately, slowly.
March 7, 2024
Business
'We understand the stress and frustration': Flexport responds to Convoy's unpaid carriers
New 'Convoy Platform' owner Flexport offered a way for carriers to "reach out to the parties responsible" for leaving carriers unpaid after Hercules Capital foreclosed on the Convoy digital broker in October 2023.
March 6, 2024
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February 19, 2025
Regulations
DOL’s final independent contractor rule under fire from Congress, lawsuit
A Congressional Review Act (CRA) resolution has been filed that, if enacted, would overturn DOL's rule. A lawsuit brought by a coalition of groups, including the American Trucking Associations, also seeks to stop the rule from taking effect.
March 6, 2024
Overdrive Extra
Welcoming a new partner in owner-ops' start-to-finish resource
Ahead of the Overdrive/ATBS "Owner-operator survival strategies" session at MATS March 22, we're happy to welcome a new partner in our comprehensive guide to running an owner-operator business in Rush Truck Centers.
March 5, 2024
Business
Convoy's unpaid truckers: Where to seek payment?
When Convoy collapsed last Fall, an email went to carriers under a Convoy load that stated, emphatically, "you will be paid for this load." Four months on, for many that's still not the case. What's a carrier's recourse for payment?
March 4, 2024
Regulations
Finance-crimes network's reporting requirements 'unconstitutional': Court
Friday the U.S. District Court of the Northern District of Alabama ruled the Corporate Transparency Act unconstitutional with its new reporting requirements for small businesses, including owner-operator LLCs and other business types.
March 4, 2024
Electronic Logging Devices
FMCSA revokes five more ELDs, as owner-op seeks mandate waiver
FMCSA on Thursday revoked five ELDs from the self-certification list. Also: A one-truck owner-operator seeks an exemption from the ELD mandate due to the cost of compliance; another tech firm petitions to allow mirror-alternative camera.
February 29, 2024
Business
Successful owners tackle detention's time, cost and rates impacts: Two new surveys
The OOIDA Foundation surveyed OOIDA members on various aspects of detention time and rates. The results offer insights about how successful owner-operators are adjusting to challenging times and underscore best practices around costs, revenues, and more.
February 29, 2024
Trucker of the Year
'Expensive wisdom' from decades trucking: Trucker of the Month Doug Viaille
It hasn't been easy over the years owner-operator Viaille has been in business, after learning to haul in the early 1980s. Yet he's learned from every mistake made. Big wins, too. He now pulls a dedicated back-and-forth leased to a bulk hauler.
February 28, 2024
Business
Ikea v. Convoy: Lawsuit reveals glimpse at contract rates, broker margins
Ikea's lawsuit against Convoy reveals freight rates the mega shipper agreed to pay the broker, sometimes well above the average that brokers were paying owner-ops on the spot market at the time.
February 27, 2024
Business
What's your operational cost? ATRI wants to know
ATRI will use the data to compile its annual Operational Costs of Trucking benchmarking report, share with contributors in comparative detail. Also: Volvo VNL, VNR models recalled; TA opens 300th travel center; Shell Rotella hosting gift card promotion.
February 26, 2024
Overdrive Radio
Ways to avoid trouble at the scale house
In this edition of Overdrive Radio, compliance consultant Jeff Davis outlines red flags for truckers that just scream, 'Inspect me!', to roadside officers. Davis offers plenty you can do to avoid inspection, without bypassing the scales entirely.
February 26, 2024
Business
Ikea sues Convoy over unpaid carriers
Convoy is back under new management. While tech founders celebrate their new venture, an interpleader suit from Ikea shakes some skeletons out of the closet after dozens of carriers got stiffed back in October.
February 26, 2024
Business
Convoy load board relaunches under new ownership
Flexport bought Convoy's technology and intellectual property after the digital freight network collapsed late last year. Also: Teamsters call on Kentucky senators to stop autonomous truck bill; New York-based fleet acquired by 3PL.
February 23, 2024
Business
Broker margins, rates data, transparency: What owner-operators really think
Whether you're a trucker looking for opinions on your side of the brokered-freight transparency debate, or a broker looking to understand your service providers, these survey results shine more light on one of trucking's most important topics.
February 23, 2024
Regulations
FMCSA's safety rating revamp: Could new reports mean in-cab tech will play a role?
The agency last month added six studies/reports to the regs docket for its efforts to develop a new methodology for motor carrier safety rating. Critics see limitations, and worry over the use of safety technologies in a new methodology.
February 22, 2024
Regulations
Roadcheck 2024: Inspectors looking for drugs, alcohol, and steady gladhands
A CVSA Roadside Inspection Specialist explains how to check tractor protection mechanisms in the air system, and what the drug and alcohol focus will mean, during 2024's Roadcheck blitz. It's scheduled for May 14-16.
February 21, 2024
Partners in Business
Plan regs-, tax-compliance duties before going independent
Going independent can be a great opportunity, but it can be your worst nightmare if you fail to plan and execute properly. If this is your goal, create your plan, count the costs, create your budget, and follow through.
February 21, 2024
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Custom Rigs
The ‘Maximum Overdrive’-themed 1999 Western Star that made a marriage
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