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Business: Page 72
Business
Walmart will pay up to $110,000 yearly for new drivers to start
Walmart said it has 12,000 current company drivers and had made a new investment in its workforce that means "drivers can now make up to $110,000 in their first year with the company."
April 8, 2022
Business
Is a 'freight recession' on the horizon?
With tens of thousands of new trucking companies having paid near record high prices for used equipment and diesel prices surging as rates fall, one expert predicts "there won't be an explosion of bankruptcies, but there will be some."
April 8, 2022
Business
Truckstop.com launches Rate Insights tool | First ultra-low-NOx engine in service
The new tool will allow subscribers to view rate estimates based on load attributes, compare rates and view four- and 36-week trend data. Also: First 2027 ultra-low-NOx CARB-compliant diesel engine put into service; new Boss Truck Shop in KS.
April 7, 2022
Overdrive Extra
Was truck ownership supposed to be this hard?
Getting back to business brass tacks, Gary Buchs notes this common theme emerging from many MATS conversations with owner-operators both brand-new to the business and well-seasoned. Take control, plan, act, analyze the results to maintain success.
April 7, 2022
Small Fleet Champ
Back for a third year, amid turbulent times: Overdrive's Small Fleet Championship
2021 finalist Hallahan Transport's recent experience with a dramatic increase in the fuel bill, van rates sliding: long-term safety performance has paid off with a more than $30K insurance cost reduction. Prove your own mettle in this year's competition.
April 6, 2022
Hours of Service
CVSA asks again for 'personal conveyance' limits in HOS | Diesel remains near record highs
The group penned a letter to the FMCSA asking for daily distance and/or time limits to be added to personal conveyance regs. Also: Fuel prices dipped last week; Closer look at Rand McNally's TND 10-inch tablet; ATRI wants carriers' cost data.
April 5, 2022
Regulations
White House touts efforts to improve working conditions for truckers
The Biden Administration provided an update on its Trucking Action Plan Monday. President Biden, DOT Secretary Pete Buttigieg and others talked about what the Administration is doing to bring more people to trucking and improve conditions for truckers.
April 4, 2022
Overdrive Extra
Plan and prepare before moving beyond just one truck to grow the business
W. Joel Baker makes the case for careful preparation and costs considerations for an independent owner-operator thinking of growing beyond a single truck. For him in his early trucking history, remaining just one truck was the best decision. Here's why.
April 4, 2022
Overdrive Radio
Trucking 'The Big Road' with new podcast, small fleet TMS
Today's podcast features former operator James Crowley's new audio effort, telling his story of initiation to the trucking business, and the brand-new, small-fleet-focused Lynks TMS, greasing the skids for owner-op back-office/on-highway tasks.
April 1, 2022
Business
Biden Administration takes aim at fuel-price reduction | Van, reefer rates' March slide
The White House on Thursday announced a two-part plan aimed at increasing oil production and reducing fuel prices, as rates fell in March. Also: Truck parking temporarily closing at I-95 rest area; a case of extreme tire flat-spotting; Highway Angel.
April 1, 2022
Partners in Business
Could record owner-op income, despite cost inflation, be longer-term trend?
What typically happens when freight's good? Fleets flood the market with new equipment, driving rates down. It's not possible now, noted presenters in this Overdrive/ATBS seminar, held at MATS. Sit in on the presentation in full via video here.
March 30, 2022
Overdrive Extra
DataQs reform: A 10% violation error rate should not be acceptable
When a noticeable sidewall cut in a trailer tire was determined to have been marked as a violation in error, this small fleet owner did the math on his successful DataQs challenges over the past years. Here, his ideas on needed DataQs/CSA reform.
March 29, 2022
Regulations
FMCSA's new boss: Movement on Truck Leasing Task Force starting soon
A roundtable with trucking media at MATS last week also touched on issues of compensation and unpaid detention -- don't expect results of studies in those areas soon, however. FMCSA Acting Administrator Hutcheson noted 18 months, at least, to completion.
March 28, 2022
Partners in Business
Despite record freight market, challenges remain for operators
Rising fuel and maintenance costs, coupled with a decrease in miles, kept owner-operator net income levels in check in 2021, according to numbers presented at Overdrive's Partners in Business session at MATS -- download slides, new PIB manual here.
March 25, 2022
Business
Load One CEO named new TCA Chairman | I-11 closures planned for Monday
Load One's John Elliott takes over for the 2022-23 term. Also: XPO selling intermodal business to focus on LTL, brokerage businesses; brief I-11 closures planned in Nevada Monday.
March 25, 2022
Overdrive Radio
Meet the owners and drivers of the year -- a window on the Las Vegas awards banquet
For this edition of Overdrive Radio, sit back and take it all in as we run through the stories of six finalists, three each in owner-operator and company driver categories, from this week's awards show at Truckload 2022 in Las Vegas.
March 25, 2022
Business
Ever wanted to be able to post your truck with a rate attached? Now you can
Owner-ops can now post their truck to DAT with a rate attached, and the company also has integrated FourKites for carrier visibility to freight partners. Also: ATRI seeks input on young employee utilization; Truckstop.com launching new mobile app; more.
March 24, 2022
Business
Dispatch: Trucker Path's new service for owner-operators
Trucker Path Dispatch will give owner-operators a personal dispatcher to handle load booking, negotiating, check calls, digital paperwork for invoicing and more.
March 24, 2022
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Top Stories
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
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