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Business: Page 71
Business
A spot market volume boost, owner survey shows optimism | Operator shut down by FMCSA after crash
Recent survey results from owner-operators show optimism about growth in volume and rates this year, despite rising costs. Also: A Pennsylvania-based propane hauler was shut down after post-crash testing revealed high blood alcohol content.
April 27, 2022
Partners in Business
Partners in Business tip: Shop for insurance
If you're looking to get a truck loan, don't automatically include insurance in the contract. Take a moment to shop around to get the best insurance rates.
October 14, 2020
Overdrive Extra
How would overtime pay affect trucking safety?
Eliminating the FLSA exemption to deliver overtime pay to drivers would impact safety, but would the impact be positive or negative? Researchers have identified several factors that could shape the outcome.
April 25, 2022
Voices
Survey: Business impacts of severe weather -- what have you seen?
Extreme weather and natural disasters are on the rise, and often professional drivers face it down whether on the road or in prices for everyday goods when supply chains get disrupted. Sound off here on how weather's impacted your business.
April 26, 2022
Overdrive Extra
Overtime pay for employee drivers: Market benefits and drawbacks
Part 1 in this two-part series by three supply chain researchers features a review of how requiring motor carriers to pay overtime to over-the-road employee drivers could impact the trucking business. Part 2 follows with safety effects analysis.
April 25, 2022
Regulations
Texas border delays cost U.S. an estimated $9 billion, owner-ops canceled loads | Border vax mandates extend
The Perryman Group estimated delays at the U.S.-Mexico border with increased inspections cost the U.S. billions; one owner-op's experience. Also: Homeland Security extends border vax mandate for non-U.S. travelers; Carrier Transicold's dealer award.
April 25, 2022
Small Fleet Champ
Poised for longevity, growth: Small Fleet Champ Silver Creek Transportation
On-site at headquarters in Kentucky, Silver Creek owner Jason Cowan reflects on his vision for the company's threefold recent growth, with plenty of gratitude, respect and more for all in trucking who've paved the way for the Small Fleet Champ's success.
April 21, 2022
Partners in Business
Partners in Business tip: Keep an escrow account for maintenance costs
Partners in Business suggests calculating the cents-per-mile based on truck age to create a maintenance escrow savings account for preventive maintenance.
October 7, 2020
Business
Contract rates set record while spot rates slide
Shippers last month paid historically high prices to ensure that more of their loads moved under a longer-term contract.
April 18, 2022
Business
Trucking conditions index was up early in year but will be down for March
FTR says any gains made in February in its Trucking Conditions Index will likely be wiped out in March's numbers when they're released with ongoing week-to-week spot freight declines, more. Also: TA launches new fuel card; Western Star trucks recalled.
April 18, 2022
Regulations
Legislation looks to guarantee overtime pay for company drivers
Bill HR 7517 would remove the fair-labor exemption codified nearly a century ago and applied to many over-the-road employee drivers thereafter. Removal would guarantee time-and-a-half pay after 40 weekly hours worked for employee drivers.
April 18, 2022
Overdrive Radio
Meet your regulator -- FMCSA chief Robin Hutcheson -- and post-PIB biz talk, part 2
In this edition of Overdrive Radio, track back through a half-hour session with reporters the FMCSA chief held at MATS, touching on trucking pride, regulatory change, and much more; also: Part 2 of our post-Partners in Business best practices roundtable.
April 15, 2022
Business
Flatbed the only spot market segment maintaining recent rates strength against the rise in fuel
Latest on rates: Flatbed holds as a relative "bright spot" against the rise in fuel, as both reefer and van continued to lose ground at an accelerated pace. Also: TA acquires two franchise locations; Love's opening new Speedcos.
April 13, 2022
Business
New Texas border inspection directive slowing cross-border operations
Texas Gov. Greg Abbott, in an effort to increase border security, ordered the Texas DPS to conduct enhanced inspections at border crossings. The result has been increased border crossing wait times and even protests in Mexico, closing one crossing.
April 13, 2022
Partners in Business
Partners in Business tip: Update your insurance basics annually
Talk to your insurance agent every year to adjust parts of your insurance policy — here’s why.
September 23, 2020
Business
Fuel prices drop again, with declines forecast through summer
Last week saw a 7.1-cent decline in fuel prices, and the Energy Information Administration is forecasting prices to continue falling nationwide through the summer months. Also: Penske Truck Leasing opens new Southern California facility.
April 12, 2022
Business
Tech news: KeepTruckin is now 'Motive' | Rand McNally leans into fleet business with acquisition
Rand McNally's parent company has purchased and will integrate the Australian fleet connectivity platform Fleetsu into Rand's fleet business. KeepTruckin, a common ELD provider for owner-ops, rebrands as Motive with new push toward process automation.
April 12, 2022
Overdrive Radio
Why drivers get into business as owner-operators
This Overdrive Radio podcast features a roundtable on business process issues with something of a cross section of trucking: Aspirational small fleet owner and fleet operations veteran Pete Anderson and leased owners David Nihart and Raeshawn Lucas.
April 11, 2022
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Custom Rigs
'One thing led to another' for Lacoh Transport's custom 2024 Peterbilt 389 build
What started out as a modest build for a nice working truck turned into an all-out custom transformation by Geis Peterbilt's Cody McCandless. Along the way, "a lot of days that you don’t succeed," McCandless said, "but the challenge has been accepted, and we’re having fun with it.”
Regulations
ELD tampering in crosshairs for CVSA’s annual Roadcheck blitz
Regulations
California capitulation: CHP finally enforcing English language proficiency roadside
Business
FMCSA issues Final Rule banning non-domiciled CDLs almost entirely
Regulations
ELD-tampering out-of-service orders: New for CVSA's 2026 OOS criteria
Overdrive Radio
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'I will not idle, ever': Adapting old-school ways to prevent emissions fails
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