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Business: Page 47
Business
Trucking's 'bloodbath': Did brokers or carriers take the biggest hit?
Data and no shortage of anecdote show it's been a tough market for motor carriers these last two years. Yet despite many hurdles and handicaps asset-heavy carriers face, they're still doing better on the whole than brokers.
April 29, 2024
Regulations
FMCSA, police investigate double broker's odd inspections history
Maroon Express Inc., a revoked carrier authority/double broker under investigation within FMCSA, has one clean inspection on their record associated with a truck that got inspected three times in four days, operating under different DOT numbers each time.
April 25, 2024
Business
Carrier failures have "declined mostly steadily, but they are still higher than seen before the pandemic"
Even with the large number of carrier failures, the market still has 94,000 more for-hire carriers than it did immediately before the pandemic.
April 25, 2024
Overdrive Extra
Ditch the dime-a-dozen approach to drivers: Carriers need value-attitude adjustment
After a talk with a rookie truck driver fed up with wasted time, empty miles and so much more, Clifford Petersen got to thinking about "value." Truckers need to make it a bedrock principle that their time is valued. It's costing carriers, drivers dearly.
April 24, 2024
Parking
New Outpost company aims to deliver on parking shortage, small fleet growth
Today, the Semi-Stow truck parking/terminal facilities company, with sites across the U.S. South, West and elsewhere, rebranded as Outpost. The move follows an infusion of investment and plans to expand its network of sites short-term.
April 23, 2024
Business
Convoy's unpaid carriers finally settling with Hercules Capital?
After Convoy's stunning collapse, and it's resurrection under Flexport, one trucking debt collection agency says some small percent of relief might be on the way for the dozens of unpaid carriers.
April 22, 2024
Voices
More 'big rips': Owner-ops flag biggest broker margins they've seen
Debate over brokered-freight transaction transparency never lets up when freight markets are sluggish -- a recent question answered by hundreds of owner-ops revealed the biggest takes they'd seen through the years, and plenty more debate around the issue.
April 18, 2024
Regulations
FMCSA moves on registration-system update
Latest step in the agency's "clean up the bad actors" effort with a new entity registration system: approval sought from the White House OMB to implement a new "FMCSA Registration System (FRS)" to replace the Unified Registration System.
April 18, 2024
Regulations
Trucking groups appeal California court's latest AB 5 decision
Trucking's pursuit of an injunction to block the AB 5 classification rule from applying to trucking was shot down in March. Also: New eRegs app puts FMCSRs at fingertips; FMCSA hosting two-day research forum; new runaway truck ramp in Virginia.
April 16, 2024
Overdrive Radio
'Too many scammers out there': Trucker of the Month stays choosy about brokers
In this week's edition of Overdrive Radio, March Trucker of the Month Candace Marley details the relationship-building strategy for freight in her Iowa-based one-truck business -- Calliope, LLC -- as she overcomes 2023 setbacks toward long-term success.
April 15, 2024
Regulations
Small fleet asks for expansion of coil securement waiver | Threat ongoing: Fake safety audit scam
FMCSA previously granted the fleet a waiver to allow alternative steel coil securement. Also: Small fleet owner latest hit by safety-audit phishing scame; intermittent I-475 closures planned Monday; Michigan lifts spring weight restrictions.
April 12, 2024
Overdrive Extra
Your customer/broker says you ādonāt need trailer coverage to pull their trailerā -- true or false?
Warning -- just because your customer/broker says you donāt need non-owned trailer or trailer interchange coverage doesnāt mean you will not be liable if the trailer is damaged while in your ācare, custody and control.ā Here's why.
April 11, 2024
Regulations
FMCSA forces broker transparency from Uber Freight after double brokering scam
After a small fleet owner caught scammers red-handed double brokering an Uber Freight load, FMCSA got involved and forced transparency from the broker, amid ongoing payment dispute.
April 10, 2024
Partners in Business
'You're the business owner, so be the boss': Take the lead in profit/loss analysis
The practice can wrest control of the business from market whims, in concert with your biz partners. Yet don't forget that, whether it's a truck shop or the company you're leased to, you're hiring them to work for you -- not the opposite.
April 10, 2024
Overdrive Radio
Leave trucking better than you found it
It was a central message of a veritable sermon small fleet owner Jason Cowan delivered to MATS attendees. In this Overdrive Radio podcast, the thought-provoking talk tracks from the owner's history and early mentors to long-term relationship value.
April 8, 2024
Business
Big Rips, Fat Lips: Biggest broker margins, fails reported in March
DAT Chief of Analytics Ken Adamo reveals how some brokers chalked up 70% margins on transactions in March in a push for his own data-driven brand of broker transparency.
April 4, 2024
Business
Fuel payments providers boost theft protections amid card-skimming explosion
It can happen to the best of us, even Overdrive's Trucker of the Year, who on his way toward MATS to accept the award last month had his fuel card skimmed at a truck stop and $1,100 stolen. New controls from card providers could have prevented it.
April 4, 2024
Life
Rail-bridge strike by oversize rig closes I-95
The closure is ongoing on I-95 in Northeast Philadelphia. Also: Tradepoint Atlantic terminal still operational in Baltimore; FMCSA to modify under-21 interstate driver program at Congress' direction; new liability insurance options.
April 3, 2024
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Small Fleet Champ
Leading by example: McKinney & Sons' top-notch service, equipment
David McKinney overcame early-career missteps and a bankruptcy just after the turn of the century to build a 15-plus-truck fleet that customers truly can rely on.
Overdrive Radio
Home to stay: Mintu Pandher on 2017 ELD protest legacy, non-domiciled CDL crackdown
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