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Business: Page 85
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
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
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Hours of Service
FMCSA details upcoming hours-of-service flexibility test rules
The agency moves forward with two pilot programs to collect data on increased flexibility in HOS regs with more split-sleeper options (up to 5/5 hours) and the ability to pause the 14-hour clock for up to 3 hours. More than 250 drivers will participate in each test.
Electronic Logging Devices
Highway plans ELD update after HOS cheats found on 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
Overdrive Radio
Latest Episode
Home to stay: Mintu Pandher on 2017 ELD protest legacy, non-domiciled CDL crackdown
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