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Partners in Business
The leading business training program for owner-operators.
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Latest Stories: Page 10
Overdrive Extra
In a tough trucking-business environment, owner-operators must improve efficiency to compete
How did this writer/truck owner get to 10.5 mpg? It's not just through equipment mods. If you're still running your business the same way you did in the good, booming years, itās high time to change gears.
May 10, 2024
Partners in Business
The problem with 'work-life balance' OTR for small business owners
There are a seemingly infinite number of little things day-to-day that will engender real respect from customers you serve. Solidify your stature, and you'll gain more control over all aspects of your business, including time for those back home.
May 1, 2024
Overdrive Extra
Ditch the dime-a-dozen approach to drivers: Carriers need value-attitude adjustment
After a talk with a rookie truck driver fed up with wasted time, empty miles and so much more, Clifford Petersen got to thinking about "value." Truckers need to make it a bedrock principle that their time is valued. It's costing carriers, drivers dearly.
April 24, 2024
Regulations
Fog-blind trucker hits concrete barrier: Preventable?
2 a.m., and truck driver John Doe was in rain, fog on a tight two-lane highway bounded by concrete barriers. An oncoming truck blinded Doe with high beams, then swerved into his lane. Doe missed the truck, but not the barrier to his right. Preventable?
April 17, 2024
Overdrive Extra
Your customer/broker says you ādonāt need trailer coverage to pull their trailerā -- true or false?
Warning -- just because your customer/broker says you donāt need non-owned trailer or trailer interchange coverage doesnāt mean you will not be liable if the trailer is damaged while in your ācare, custody and control.ā Here's why.
April 11, 2024
Partners in Business
'You're the business owner, so be the boss': Take the lead in profit/loss analysis
The practice can wrest control of the business from market whims, in concert with your biz partners. Yet don't forget that, whether it's a truck shop or the company you're leased to, you're hiring them to work for you -- not the opposite.
April 10, 2024
Business
Fuel payments providers boost theft protections amid card-skimming explosion
It can happen to the best of us, even Overdrive's Trucker of the Year, who on his way toward MATS to accept the award last month had his fuel card skimmed at a truck stop and $1,100 stolen. New controls from card providers could have prevented it.
April 4, 2024
Partners in Business
Stock the pantry against hunger-stricken 'panic mode' in feast-or-famine trucking cycles
It's been a year where fixed costs are up 8%, variable costs down 10%, and freight rates down even more. Without clear insight to truly understand your real costs, a measure of financial prevention of sorts, "you're running in the dark."
April 3, 2024
Partners in Business
How owner-operators still standing have weathered big rates drops through the present
In the annual Overdrive-ATBS Partners in Business co-presentation at MATS, 2023 owner-operator performance metrics showed more miles logged and lower costs. However, those factors couldn't fully overcome the poor rates environment.
March 25, 2024
Partners in Business
Download the Partners in Business presentation -- MATS 2024
ATBS Vice President Mike Hosted and Overdrive contributor Gary Buchs presented these slides at the Mid-America Trucking Show Friday, March 22. Keep tuned for a video of the presentation, likewise a report from the owner-operator business session.
March 23, 2024
Partners in Business
2024 handbook for owner-operator business, start to finish, now available
Download the new Partners in Business guide to owner-operator business today, and if you're attending MATS, join us at 2:45 p.m. Friday, March 22, in the MATS Pro Talks Theater (B104 in the South Wing) for the official kickoff for this year's PIB program.
March 20, 2024
Overdrive Extra
5 can't-miss highlights upcoming at the Mid-America Trucking Show
From a wide array of small-business survival strategies for the down market to custom show truck builds, and much more in the way of educational sessions around freight fraud combat and industry advocacy, MATS has something for us all.
March 14, 2024
Overdrive Extra
Groundhog says it's time to prep for early Spring for owner-operator business
Takeaways from the tough 2023 year have fed emotional disappointment for many owners. But not only that. Biz difficulty triggers too-fast reactions. The management moves needed to secure the business for the long term happen more deliberately, slowly.
March 7, 2024
Overdrive Extra
Welcoming a new partner in owner-ops' start-to-finish resource
Ahead of the Overdrive/ATBS "Owner-operator survival strategies" session at MATS March 22, we're happy to welcome a new partner in our comprehensive guide to running an owner-operator business in Rush Truck Centers.
March 5, 2024
Business
Successful owners tackle detention's time, cost and rates impacts: Two new surveys
The OOIDA Foundation surveyed OOIDA members on various aspects of detention time and rates. The results offer insights about how successful owner-operators are adjusting to challenging times and underscore best practices around costs, revenues, and more.
February 29, 2024
Business
Broker margins, rates data, transparency: What owner-operators really think
Whether you're a trucker looking for opinions on your side of the brokered-freight transparency debate, or a broker looking to understand your service providers, these survey results shine more light on one of trucking's most important topics.
February 23, 2024
Partners in Business
Plan regs-, tax-compliance duties before going independent
Going independent can be a great opportunity, but it can be your worst nightmare if you fail to plan and execute properly. If this is your goal, create your plan, count the costs, create your budget, and follow through.
February 21, 2024
Partners in Business
Owner-operator survival strategies, tactics to thrive in a down market
Join Overdrive and ATBS for the annual Partners in Business seminar at the Mid-America Trucking Show in Louisville on March 22 at 2:45 p.m., this year with emphasis on pulling through the tough freight markets.
February 14, 2024
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