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Overdrive Extra: Page 23
Overdrive Extra
Outrage and sadness with WSM All Nighter’s cancellation
A management shakeup at the “Air Castle of the South,” Nashville’s WSM 650 AM, has left more than one show scuttled in its wake, including a favorite of truckers across the nation. Gone is the WSM All Nighter With Marcia Campbell. “It feels like a death …. to this gearjammer.”
February 12, 2020
Overdrive Extra
Dealing with the physical effects of daily stress doesn’t have to be ‘bucking a stacked deck’
Understand the impacts of stress on your mental and physical health and how to cope with stress long-term as a truck driver on Overdrive today.
February 3, 2020
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March 24, 2025
Overdrive Extra
A mid-career hauling pause for the ultimate goal: Danny and Cindy George’s sailing voyage ’round the world
Life on the road can be stressful for truck drivers but defining a goal can help you plan for the future. Discover Danny and Cindy George's story on Overdrive.
January 27, 2020
Overdrive Extra
Memories: An Overdrive model, splurging on ice cream and a forgotten profile of founding firebrand Mike Parkhurst
The grandson of the "first trucking boss" of Mike Parkhurst recollects memories of the Overdrive magazine founder. Learn more about Parkhurst on Overdrive.
January 23, 2020
Overdrive Extra
Wednesday is quarterly estimated tax deadline
For those who are self-employed, there are three dates (four, counting April 15) that are important enough that the IRS can penalize you if you ignore them. These are the quarterly estimated quarterly filing deadlines. The first one of the new calendar is Jan. 15.
January 14, 2020
Overdrive Extra
Capture 2020 vision with proactive attention to repair, operating and finance costs
“Successful owners throughout this past difficult year have an established business plan and operating procedures that enable them to be proactive with decision-making.” Also: How one got out from under a budensome lease payment to take title to the truck and reduce fixed financing costs in the bargain.
January 7, 2020
Overdrive Extra
As lukewarm 2019 carries into 2020, address what you control
With trucking industry and overall economic developments largely out of owner-operators’ control, “The best advice is to prepare for the downside,” says Todd Amen of ATBS. “The upside will take care of itself…. Control costs, don’t be picky on freight, generate revenue, and cover fixed costs.”
January 6, 2020
Overdrive Extra
Long Haul Paul’s best of 2019: Trucking album, show and roadside eats
“Long Haul Paul” Marhoefer singles out a few overlooked superlatives from the year, as it comes to a close: The Franklin County Trucking Company’s all-star punked-out trucking record, the Pennsylvania Truckers 4 Hope show, and a Cambridge, Ind., Punjabi restaurant just off I-70.
December 31, 2019
Overdrive Extra
2019 through the rearview: Hours reforms filed, trucking hits a plateau, major fleets abruptly close, Calif. goes after owner-operators (and more)
A basic theme of 2019, at least from a business perspective, was as figurative as it was literal: We’re not in 2018, anymore. Freight demand took a hit. But some of 2018’s themes, continued, with interest in the parking crisis, HOS reform in light in the ELD mandate, and more.
December 29, 2019
Overdrive Extra
Is there a Santa Claus?
An answer to the question from owner-op Clifford Petersen, and this special wish: “Merry Christmas, my fellow drivers. May the road ahead be clear and dry, and may you always remember and never neglect the gift you have been given.”
December 23, 2019
Overdrive Extra
Truckers’ group delivers record level of holiday support to haulers in need
For the second consecutive year, Long Haul Paul sits in on TruckersChristmasGroup.org’s “Santa Calls” to the recipients of its annual grants to drivers in need, finding “a renewed sense of just how dangerous working in this industry can be, and just how frequently fragile its safety nets prove themselves.”
December 17, 2019
Overdrive Extra
Dealing with holiday stress? You’re not alone
Gary Buchs on support at work on the road: “It’s not hard to find someone who will help, confidentially, on the highway working or parked at the truck stops.” Also, an update from Buchs on his retirement plan, put into action in October this year and “fully functional” …
December 16, 2019
Overdrive Extra
ELDs innocent until proven guilty as highway killers
To establish a clear link between ELD use and fatalities, the burden of proof is on whoever makes the allegation. If anything, the underlying numbers weigh against that conclusion.
December 5, 2019
Overdrive Extra
Death throes for the leased owner-operator model?
Clifford Petersen on the hope for successful pushback against California A.B. 5 and similar laws: “I choose to be self-employed because I like being in control of my own destination …, knowing that my success is based upon my faith, my effort, my ability to learn, and my ability to adapt.”
December 4, 2019
Overdrive Extra
Year-end financial planning, Part 2: Health care, retirement and more
Health care choices include health savings accounts, discounted insurance through Obamacare and marketplaces that specialize in owner-operators.
December 2, 2019
Overdrive Extra
Year-end financial planning, part 1: Still time to cut 2019 tax bill with deductions
One major caveat for piling up deductions of any kind is to know the big picture for your income, especially if you had a bad year. The concern is you don’t want to waste efforts on deductions, such as accelerating a big purchase to 2019, when your taxable income is at zero or close to it.
November 27, 2019
Overdrive Extra
Tough year behind, tough year ahead — but rumors of trucking’s death are greatly exaggerated
A slowdown is not a downturn, though it may feel like one. Notes on carrier bankruptcies, spot market rates and the “bloodbath” that never was…
November 20, 2019
Overdrive Extra
Disruptions that will reverberate beyond 2020 — strategies for weathering, or taking full advantage
“The small business owner-operator does have certain advantages navigating market disruptions. An example of this is when natural disasters hit communities it’s the independents who step up to fill the gap, aided and abetted by our ability to make decisions faster, react quickly, tighten our belts and trim unnecessary fixed cost.”
November 12, 2019
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