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Overdrive Extra: Page 65
Overdrive Extra
Confidence lackluster, but factories humming
Tuesday’s report on consumer confidence was a bit sour, even though the index was up a tad. “Overall, consumers remain apprehensive about the future,” said an official with The Conference Board Consumer Research Center, which manages the survey. But, hey, that’s just a survey of how people feel. A report this morning shows that manufacturing, […]
September 1, 2010
Overdrive Extra
Dollars and Sense
To buy a tractor without an idea of its application is putting the cart before the horse (or, we might say, the trailer before the tractor).
September 1, 2010
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Overdrive Extra
‘Monster train’ and other freight supersizers
You might have missed news of Union Pacific testing to see just how long a train can be. I didn’t know of it until reading a Wall Street Journal story this week. Writer Jennifer Levitz cites the train as an example of pressures in rail and ocean shipping, as well as trucking, to haul more […]
August 17, 2010
Overdrive Extra
Would you like fries with that?
Driver demand is higher than it’s been in more than two years. For leased owner-operators, it could be a good time to get updated on compensation packages and other lease terms, especially if you’ve been with the same carrier for more than a few years.
August 5, 2010
Overdrive Extra
Just one word. Are you listening?
The Institute for Supply Management’s monthly report on factory output lists Plastics (with rubber products) as the fastest growing segment. The news remains strong overall for manufacturing, which had its 12th consecutive month of expansion.
August 2, 2010
Overdrive Extra
Dollars and Sense
These steps will prepare you well for getting the critical information you need to make a wise decision.
August 1, 2010
Overdrive Extra
Coming attractions: Show trucks
The biggest venue for Pride & Polish, produced now by Overdrive’s Custom Rigs, is coming in less than a month. It’s the Great American Trucking Show in Dallas, Aug. 26-28. This show always draws great rigs. You can view a quick sampling from the 2009 show in a music video on Overdrive’s video player. There […]
July 30, 2010
Overdrive Extra
Five decades of trucking
Overdrive has a big anniversary next year – its 50th. You can e-mail your reflections about trucking to me at
[email protected]
or send them to Overdrive, P.O. Box 3187, Tuscaloosa, AL 35403.
July 26, 2010
Overdrive Extra
Ex-Arrow chief loses expensive home
Former Arrow Trucking drivers, as well as those disgusted by the company’s mismanagement, might gain some slight sense of vindication in reading the Tulsa World’s account of the foreclosure on the home of former Arrow Trucking Chief Executive Officer Doug Pielsticker. The home, like Arrow in its final days, was way too deep in debt. […]
July 8, 2010
Overdrive Extra
Manufacturing still growing, but more slowly
The recovery is still with us, note the factory-watchers at the Institute for Supply Management. The manufacturing sector expanded in June for the 11th consecutive month, though at a less heated pace than in May. The overall economy for the 14th consecutive month in June. Of course, the housing and labor markets still suffer. The first […]
July 1, 2010
Overdrive Extra
Dollars & Sense
Most of us wander through life on autopilot. We end up in our jobs by default. Are you in control of the decisions about your life?
July 1, 2010
Overdrive Extra
Con-Way gets a nod from marketers
Trucking has probably been more of a follower than a leader when it comes to adapting to the Internet, but a recent feature story in marketing tabloid BtoB shines a nice light on truckload and logistics provider Con-Way Inc. for its use of social media. (“B-to-B” is marketing jargon for business-to-business relationships.) “Twitter application drives […]
June 23, 2010
Overdrive Extra
Paper products leading factory growth
The latest news from manufacturers, reporting a strong May, backs up reports that freight is growing. Manufacturing expanded in May for the 10th consecutive month, and the overall economy grew for the 13th consecutive month, according to the supply executives polled for the Institute for Supply Management’s Report On Business. “Employment continues to grow as […]
June 2, 2010
Overdrive Extra
Dollars and Sense
I’m amazed by the large number of owner-operators who look only at miles-to-removal when selecting tires.
June 1, 2010
Overdrive Extra
CSA 2010 – your bittersweet change agent
I’ve yet to speak to anyone in trucking who’s overjoyed about Comprehensive Safety Analysis 2010. After all, a much more meticulous safety mindset will be required to avoid getting caught on the radar of this huge data-crunching machine when it cranks up in December. Some carriers in CSA 2010 test states have been to […]
May 27, 2010
Overdrive Extra
New trucks follow driver demand
We’ve been hearing that driver demand is coming back, so it’s not surprise that carriers are buying trucks for them. PayNet, which tracks lending activity across six industries, “found that the dollar value of new loans made to trucking companies that have never owed more than $10 million rose six percent in the first quarter […]
May 21, 2010
Overdrive Extra
A shortage of drivers — and quality
I’ve been hearing since at least March that many carriers are once again scrounging for drivers. This means a return to business as usual in terms of a driver shortage, only this time it could more severe than normal. The reasons by now are well-known. The economy has been bouncing back. Imminent safety-related regulations — notably […]
May 14, 2010
Overdrive Extra
‘Flatbed is particularly strong’ and other upbeat news
Lots of good economic reports all around for trucking in the last few days. If you’re not with a carrier who’s keeping you busy, figure out why or look elsewhere. Morgan Stanley’s truckload freight research report “continues to show strong trends … Flatbed is particularly strong.” Consequently, by the fourth quarter this year, on an annual […]
May 3, 2010
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