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Business: Page 69
Partners in Business
Don't be dishonest with insurers to lower premiums
If you are ever tempted to -- or if anyone (a business partner, friend or even an insurance agent) suggests you should -- mislead your insurance company, don’t do it. It can mean the end of the road for your business.
February 2, 2023
Overdrive Extra
More freight fraud inbound? Pessimistic rates outlook sets the stage
The double brokers and ID thieves are most definitely back from the holiday vacation. Meanwhile, latest Bloomberg | Truckstop.com survey shows owners' increasingly pessimistic outlook for freight rates' immediate future, though some optimism remains.
February 1, 2023
Regulations
ELD ONE fighting FMCSA registry revocation
ELD ONE's CEO said the company has been working with FMCSA on the issues and has a fix in the works. Also: Snow and ice advisories across Texas; RXO brokerage offering partnership, discount plan to carriers; latest Highway Angel.
February 1, 2023
Business
Best Fleets to Drive For Top 20 announced
Two overall winners – one each in large and small fleet categories – will be named during TCA's Annual Convention March 4-7.
February 1, 2023
Trucker of the Year
Always headed home: Owner-op pulls in profit with a single goal in mind
January Trucker of the Month Kelvin Schmidt's decade-plus career as an independent isn't, ultimately, about the trucking or simply making money. His operation's freight and rates consistency delivers profit and time back home where it belongs.
January 31, 2023
Trucking Law
Trucking Law: How to protect your business after a crash
Experiencing an accident is every owner-operator’s worst nightmare, and in the heat of the moment it's easy for even professionals to act against their interests. When you get involved in an accident, immediately begin to legally protect yourself.
January 25, 2023
Overdrive Extra
The most under-appreciated insurance coverage in all of trucking
After the death of an owner's spouse and passenger, it's clear that if you don’t have this coverage, or if you choose to purchase only the minimum, you could be making one of your worst business and insurance coverage decisions.
January 30, 2023
Regulations
Hours regs waived for propane haulers in three states
Governors in Nevada, South Dakota and Wyoming have issued emergency declarations over propane shortages. Also: I-15 closing in Nevada; overweight waiver extended for certain Iowa haulers; FleetPride acquires Florida repair shop.
January 24, 2023
Business
Truck tonnage closed 2022 with slight increase
Overall, according to ATA, tonnage was up 3.4% in 2022. Also: HHG moving company employee ordered to pay restitution to 49 victims. Sheetz drops DEF price to 99 cents/gallon through end of month.
January 25, 2023
Business
House bill offers recruiting and retention incentives, grants to truck drivers
A bill introduced into the U.S. House Tuesday proposes tax credits of up to $10,000 for eligible truck drivers and grants for new drivers.
January 24, 2023
Overdrive Extra
Owner-op finds Chicago container hauling, long-term, more lucrative than OTR
Marine vet and owner-operator Carlos Alizondo hauled in military support-operations in Iraq, but also has war stories about container hauling in his hometown of Chicago. "These guys don't know how good they have it today," he said of current conditions.
January 23, 2023
Overdrive Radio
Keep Trucking with small fleet owner Mike Nelms, integrating biz education into operations
In today's Overdrive Radio podcast, the story of how Nelms built a 22-truck fleet by including distinctly educational efforts into ops. Also hear how 30-year-old Caroline Correa clears $9K-$11K a month as a small fleet investor leased with Nelms.
January 20, 2023
Regulations
Colorado refinery shutdown prompts eight-state hours of service waiver
Drivers hauling gas, diesel and jet fuel in eight states are temporarily exempt from the 11-hour drive maximum. Also: Convoy intros instant bid responses in load board app; U.S. 95 closing in Vegas tonight; Highway Angel of the Year voting now open.
January 19, 2023
Business
With borrowing costs up, use financing relationships, experience to advantage
The U.S. economy hasn't seen hikes in the fed-funds target interest rate like 2022's in well more than a decade. With those hikes flowing into commercial truck loans, this closer look at impacts illustrates the value of long-term lender relationships.
January 19, 2023
Partners in Business
How to make the bid for direct customers as an independent
In any move to secure a contract with a shipper, make sure you can answer this question: Why you?
January 18, 2023
Regulations
Another trucker's HOS exemption request denied
FMCSA announced the denial of a waiver for an individual trucker from five provisions of the hours of service regs. Also: Mack unveils refreshed Granite model; parking, food options to remain at West Virginia Turnpike service plazas during renovations.
January 18, 2023
Regulations
California Trucking Association again seeks injunction to block AB 5
The group maintains that the law should be preempted by federal law and that AB 5 violates the Dormant Commerce Clause of the U.S. Constitution. A court hearing on AB 5 is scheduled for May 1.
January 18, 2023
Regulations
Former FMCSA investigator pleads guilty to extortion
The former border investigator admitted to accepting a payment in exchange for not reporting a carrier's safety violations. Also: Used truck sales tick up amid downward pricing pressure to close 2022; TA plans to open 20 locations in 2023.
January 17, 2023
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Top Stories
Electronic Logging Devices
Highway plans ELD update after HOS cheats found on platform
After Overdrive found ELD providers who admitted to HOS cheating integrated within Highway, the tech company wouldn't commit to kicking hours cheats off the platform.
Regulations
Trump orders relief for on-highway red-dyed diesel use
Small Fleet Champ
Leading by example: McKinney & Sons' top-notch service, equipment
Overdrive Radio
Home to stay: Mintu Pandher on 2017 ELD protest legacy, non-domiciled CDL crackdown
Business
C.H. Robinson acquiring RXO in $5.8 billion stock and cash transaction
Overdrive Radio
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Home to stay: Mintu Pandher on 2017 ELD protest legacy, non-domiciled CDL crackdown
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Partner Insights
Cash Flow Survival Guide: Avoid the Pitfalls of Payment Delays
