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Partners in Business
The leading business training program for owner-operators.
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Latest Stories: Page 4
Overdrive Extra
Deception wreaks havoc ... again!
Insurance agent W. Joel Baker expands on a prior story warning against omission or outright deception in insurance contracts in efforts to rein in premiums. It's always best to be up-front and make timely updates to avoid claims being denied.
May 17, 2023
Partners in Business
Sharpen your trucking business performance
There's help out there, ranging from one-on-one business coaching to Overdrive's Partners in Business manual, and much more.
May 10, 2023
Partners in Business
Take control of your variable cost per mile, fixed costs and more
Understanding basic principles of operating costs can save owner-operators thousands of dollars a year. Here, find a few principles that can set you on the right path.
May 3, 2023
Overdrive Extra
$240K at nearly 9% interest on a new truck: Deal or no deal?
Truck ownership wasn't supposed to be this hard. Or maybe it was? En route to a planned truck replacement, owner-operator Matthew Mickenberg crunched the numbers, thought hard, and made a big re-evaluation of how his one-truck business should look.
April 25, 2023
Overdrive Extra
More ways to vet brokers to combat fraud, double brokering
Double brokering and other fraud in spot freight transactions is dragging down rates through misrepresentation/skimming, and in some cases outright theft. At MATS, yet another tool in the arsenal emerged.
April 18, 2023
Overdrive Extra
Beware the insurance-requirement fine print in truck-lease agreements
There's a common condition within truck lease agreements that can present a serious obstacle. Read that fine print closely or you could be losing money.
April 10, 2023
Overdrive Radio
'The spot market is not where you need to live': On building business with authority
After two decades in and around trucking as a driver, owner-operator, then small fleet owner, Adam Wingfield is now bringing boatloads of energy to a mission of helping owners lay the groundwork for long-term business success. His rousing MATS talk, here.
April 7, 2023
Business
‘The extra load' to boost profitability in challenging times
Releasing the new edition of Partners in Business at MATS, Overdrive and ATBS' seminar charted cost, revenue and income benchmarks for owner-operator attendees, offering strategies to boost short- and long-term profitability.
April 3, 2023
Overdrive Extra
Join us at MATS -- new owner-operator business book released, live benchmarking seminar, more
Join Overdrive and ATBS 1:45 p.m. local time on Friday, March 31, in Louisville at MATS for the annual Partners in Business seminar, as new owner-operator manual, charting business start to finish, released. Download here.
March 23, 2023
Business
Holding the line: Owner-op's playbook to push back on cheap freight
When Joe Bielucki got an email from a corporate logistics director that his rates would take a hit, he was fuming. But with an iron grip on fundamentals, and some advice from his wife, he persuaded them to reverse course and throw in some other perks too.
March 22, 2023
Overdrive Extra
Ohio, Arizona hazmat disasters hold lessons for owners, carriers in the fight against safety complacency
In the wake of the high-profile Ohio train derailment, and later hazmat spill from a dry van that closed I-10 for a day in Arizona, Overdrive contributor Gary Buchs urges owner-operators to fight against safety complacency that can come with success.
March 8, 2023
Business
Owner-operator income took a big hit in 2022
Trucking business services firm ATBS' owner-operator clients on average took a 10% hit to the bottom line in 2022 as fuel costs soared, maintenance delays continued and market demand fell. Catch more at Overdrive/ATBS MATS session later in month.
March 6, 2023
Overdrive Extra
How to avoid application errors when applying for your USDOT/MC numbers
All too often, application errors lead to extra start-up costs, delays and lost income. Longtime owner-operator and insurance agent W. Joel Baker here shares some of the more common filing errors he sees and issues associated with them.
February 28, 2023
Partners in Business
6 ways to simplify bookkeeping to improve the bottom line
The receipts and records you keep are used in a number of areas of your business. You can simplify the bookkeeping task by following six simple practices that could translate to higher profit with less hassle.
February 15, 2023
Partners in Business
Don't be dishonest with insurers to lower premiums
If you are ever tempted to -- or if anyone (a business partner, friend or even an insurance agent) suggests you should -- mislead your insurance company, don’t do it. It can mean the end of the road for your business.
February 2, 2023
Overdrive Extra
The most under-appreciated insurance coverage in all of trucking
After the death of an owner's spouse and passenger, it's clear that if you don’t have this coverage, or if you choose to purchase only the minimum, you could be making one of your worst business and insurance coverage decisions.
January 30, 2023
Business
With borrowing costs up, use financing relationships, experience to advantage
The U.S. economy hasn't seen hikes in the fed-funds target interest rate like 2022's in well more than a decade. With those hikes flowing into commercial truck loans, this closer look at impacts illustrates the value of long-term lender relationships.
January 19, 2023
Partners in Business
How to make the bid for direct customers as an independent
In any move to secure a contract with a shipper, make sure you can answer this question: Why you?
January 18, 2023
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