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Business: Page 86

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
Mike Hosted, marketing VP with ATBS, and Overdrive contributing writer Gary Buchs presented owner-operator income, cost, and revenue data and business strategy analysis during a Partners in Business seminar Friday at the Mid-America Trucking Show.
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
John Elliott and Jim Ward
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
Pjimage (1)
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
Truck Dock Freight
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
Female dispatcher using a computer and headset
Channel 19
On-highway experience yields insights for Convoy co-founder | More early from MATS
After co-founding the Convoy digital brokerage and serving as Chief Technology Officer, Grant Goodale shifted his role to better optimize carriers' experience of the platform. To get to MATS, he stitched together three hauls with three different carriers.
March 24, 2022
Convoy remote control truck
Business
Uber Eats founder, Convoy CEO back new freight factoring platform Outgo
Outgo aims to slash factoring rates to as low as 0% in some cases through its all-in-one fintech platform.
March 24, 2022
Outgo invoice feature on a smartphone
Business
Fuel prices drop 11 cents after two record-setting increases
While still above $5/gallon nationwide, diesel prices are down 11.6 cents from last week. Also: Pilot raising money for Ukrainian humanitarian crisis; Ward Trucking driver recognized for helping save a stranded motorist.
March 23, 2022
Fueling Truck Stop
Trucker of the Year
Owner-operator Glen Horack takes home $25K with top honor
The winner of the annual TCA/Overdrive Owner-Operator of the Year recognition program was announced Tuesday, March 22, at the concluding gala of the Truckload 2022 conference in Las Vegas.
March 23, 2022
Glen Horack
Partners in Business
Partners in Business tip: Opt for deadhead over layovers
Be prepared to deadhead instead of laying over. Here’s why.
September 3, 2020
3 trucks cropped
Business
Buttigieg addresses TCA meeting in Las Vegas | Highway Angel of the Year named
DOT Secretary Pete Buttigieg emphasized preservation of the business of trucking as a "gateway to the middle class," singling out issues of compensation/conditions for operators. Mississippi-based Chris Lloyd crowned "Highway Angel of the Year."
March 22, 2022
Chris Lloyd
Regulations
Trump-era independent contractor rule reinstated | Stevens boosting contractor compensation
A Texas court ruled that the Biden DOL violated the Administrative Procedure Act when withdrawing the rule. Also: FMCSA gives operators extra time to replace two 3G ELDs; Michigan extends weight restrictions again. Stevens pay package increasing 15%.
March 21, 2022
Trucks On Highway
Partners in Business
Updated Partners in Business book now available
The interactive 2022 Partners in Business manual features loads of content offering business tips and advice for owner-operators of all experience levels.
March 21, 2022
Pib Manual Thumbnail 622269055a042
Overdrive Radio
'Unpopular opinions' on the Entry Level Training regs newly in effect
Trucker Nation's Andrea Marks returns in this Overdrive Radio podcast to push and pull on reactions to trucking regulation, specifically recent voices of distaste for FMCSA's Entry Level training rules.
March 18, 2022
Pair Of Trucks On Highway Bridge
Business
Van, reefer linehaul rates, less fuel surcharge, fell last week amid diesel surge
The weekly average van linehaul rate, excluding fuel surcharge, dropped 6 cents to $2.54 per mile compared to the previous week. The reefer rate also fell 6 cents week over week to $2.89 per mile, while the flatbed rate rose a penny to $2.70 a mile.
March 16, 2022
semi-trucks docked at a warehouse
Partners in Business
Partners in Business tip: Shorter loan, less costly truck
The ideal loan term for a three-year depreciable asset like a heavy-duty truck is three or four years. Here’s why.
September 10, 2020
truck lot
Business
Diesel surpasses $5/gallon national average
A 40-cent increase in fuel prices nationwide during the week ending March 14 brought the U.S.' national average to $5.25 per gallon. Also: Trucking orgs ask CARB for reprieve on final phase of emissions reg; Pilot donates $1.7M to American Heart Assoc.
March 15, 2022
Fueling Trucks Island
Business
Overdrive up for five prestigious Neal business journalism awards
Overdrive has been named a finalist in five categories for the Jesse H. Neal Awards, including Best Series, Best Subject-Related Package, Best Instructional Content, Best Podcast and Best Range of Work by a Single Author.
March 15, 2022
setting the record straight dataq's hurdles
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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.
Blue semi-truck with open driver door parked in yard beside pickup truck and trailers
Electronic Logging Devices
Highway plans ELD update after HOS cheats found on platform
Worker in gloves refueling a blue commercial truck with red fuel pump nozzle
Regulations
Trump orders relief for on-highway red-dyed diesel use
Four Peterbilt semi-trucks displayed in parking lot from different front angles
Small Fleet Champ
Leading by example: McKinney & Sons' top-notch service, equipment
Overdrive Radio logo with red microphone icon and sound waves, sponsored by Howes
Overdrive Radio
Home to stay: Mintu Pandher on 2017 ELD protest legacy, non-domiciled CDL crackdown
Overdrive Radio
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Home to stay: Mintu Pandher on 2017 ELD protest legacy, non-domiciled CDL crackdown
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