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Business: Page 59
Overdrive Extra
How to turn up the heat on detention
And charge customers for it. Truckers report little improvement in detention times since the ELD mandate. Yet time, of course, is money. The more owner-operators use their own numbers to engage customers on costs and lost opportunity the better.
August 16, 2023
Business
Diesel prices add 57 cents in one month | Three-state surveillance net yields narcotics distribution charge for driver
Fuel's national average shot up another 14 cents last week to $4.38 per gallon. Also: Canadian truck driver busted with 850 pounds of suspected cocaine in New York; FleetPride acquires Washington state-based repair shop.
August 16, 2023
Business
Direct freight: Delivering a modicum of consistency in a turbulent market
While the spot market of late has been difficult for many an owner-operator or small fleet, to say the least, carriers with direct customers have been able to hang on and/or prosper as long as demand for their customers' product has remained.
August 14, 2023
Overdrive Radio
Freight Fest: Host-to-host with Rahmel Wattley of the Truck N' Hustle podcast
Sept. 28-Oct. 1 in Houston, the second annual edition of the Freight Fest conference from Truck N' Hustle aims to bring networking and educational opportunity to attendees looking to grow and sustain business for the long term.
August 14, 2023
Business
FMCSA opens door for California, Washington to challenge its Trump-era meal-and-rest-break preemptions
FMCSA previously determined the states' Meal and Rest Break (MRB) rules were preempted by federal HOS regulations. Now, the agency is laying the groundwork for waivers from the preemption. Teamsters applauded the move, as other orgs pledged to fight it.
August 11, 2023
Overdrive Extra
How carriers and brokers can work to combat double brokering: Potential red flags, more
Tackling double-broker frauds at government levels will take time and likely resources from industry lobbyists and large players. There’s a lot we can do together in the meantime to shut the schemes down and fight against the fraud in our industry.
August 8, 2023
Overdrive Extra
The double brokering slow burn -- how it happens, and how to fight back against it
Contributor Matthew Patrick, with a small fleet/broker in the Northeast, outlines a particularly efficient flavor of double brokering he's found that often goes undetected, sinking rates for real carriers involved in these schemes, reducing profits.
August 8, 2023
Business
Fuel prices post another increase, and spot rates finally adjust upward
With an 11-cent increase during the last week, diesel prices are up 43 cents over the last three weeks, finally moving spot rates in the last week. Also: CRST gets extension for waiver that allows pre-CDL drivers to run team; latest Highway Angel.
August 8, 2023
Regulations
FMCSA missing mark on compliance reviews of Mexican carriers: Report
A DOT OIG report found that, despite a federal requirement to conduct compliance reviews of Mexico-domiciled carriers within 18 months of provisional authority, FMCSA has not been timely. Also: Electric trucks recalled; Colorado driving tips.
August 7, 2023
Overdrive Radio
She makes car-haul look easy: Trucker of the Month Crystal Rives
After hauling in the Texas oilfields as well as side dump, end dump, and liquid-bulk tanker and more, she's growing a base of car-haul customers under her own shingle. All this while guided by lessons learned from her grandfather.
August 7, 2023
Business
Yellow files Chapter 11 bankruptcy
Yellow ends months, if not years, of speculation and files bankruptcy just short of its 100th anniversary.
August 7, 2023
Business
Former Yellow employee files suit over layoff notice | I-96, I-75 closures
The former dock worker alleges Yellow didn't provide legally required 60-day notice before nearly 30,000 employees were laid off. Also: House bill to repeal driver training regs reintroduced; Michigan interstate closures this weekend; more.
August 4, 2023
Business
How a Yellow bankruptcy would influence freight, used truck markets
If Yellow's 15-year flirtation with bankruptcy ends, it would spell higher rates for LTL carriers and pockets of the spot market, and put sought-after late model used equipment in the market.
August 3, 2023
Business
Diesel prices rocket past $4/gallon
The national fuel price average has shot up 32 cents over the last two weeks. Also: Schneider acquires dedicated contract fleet M&M Transport; Women in Trucking accepting Influential Woman in Trucking award nominations.
August 2, 2023
Business
Yellow puts its 3PL business up for sale
Yellow Corporation on Thursday said it is exploring the sale of its 3PL, Yellow Logistics, Inc., and is currently engaged in "active and ongoing" conversations with multiple suitors.
July 27, 2023
Trucker of the Year
Owner-operator Crystal Rives makes hay of car-haul work in Texas
'She's got her business in line' -- that's the single biggest thing that makes owner-operator Rives an inspiration to fellow car haulers, in the words of one. Seven years into business with authority, she's serving Texas-based customers intrastate.
July 28, 2023
Regulations
CARB seeks input on new committee to implement latest emissions regs
The California Air Resources Board will host a public meeting next month to discuss the formation of a Truck Regulation Advisory Committee for its newest emissions regs. Also: Fleets seek training exemption; TMS launches new freight network.
July 27, 2023
Business
Cash-strapped Yellow preparing for 'a range of contingencies'
Yellow pushed back Wednesday afternoon on reports of its pending financial demise, saying it was still meeting with Teamster leadership and "continues to prepare for a range of contingencies.”
July 26, 2023
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