Tag: business: Page 4

Business

Hotshot trucking: Freight dynamics shifting, payroll loan assistance and more through the pandemic

With Oklahoma and Texas oil field jobs few and far between, dispatchers are now calling with loads for coronavirus outbreak relief efforts. More on Overdrive.

April 7, 2020

Business

Slowdown hitting small fleets hardest, survey sample shows

As the coronavirus continues to impact the trucking industry, small fleets are impacted worse than larger fleets. Details on this survey and more on Overdrive.

March 31, 2020

Voices

POLL: What have COVID-19-related lockdowns nationwide done to your business?

How are the lockdowns of communities and plenty business around the nation impacting your trucking operation, positively or negatively and/or if at all? Weigh in here.

March 26, 2020

Business

As coronavirus grips economy, lenders offer some forgiveness for missed truck payments

Some lenders are offering owner-operators and small fleets temporary relief from monthly truck payments as COVID-19's impact ripples through the industry.

March 20, 2020

Business

‘You just lose’ when middlemen don’t pay: Broker reform eight years in the waiting

Who is to blame for the lingering transportation brokerage problems and lack of attention to MAP-21? Read more details here on Overdrive.

February 28, 2020

Business

Small spot market improvements occurring at typical seasonal rates low point

Seasonally, we’re in the month that is usually the low point for spot rates during the year. The national average van rate in February is the lowest since May 2019, when it was also $1.79 a mile. However, the line-haul average rate (minus a calculated average surcharge) at that time was $1.47, 4 cents lower than where we are now.

February 27, 2020

Business

For now, trucking remains exempt from California’s restrictive contractor law

A federal judge on Monday extended an injunction against California’s restrictive, anti-owner-operator law, allowing trucking to remain exempt until further notice.

January 13, 2020

Voices

POLL: What’s your credit score?

Have you checked your credit score recently? If so or if not, you’re probably well aware it’s a prime component in any truck purchase or lease, not to mention borrowing of all stripes. Share yours to compare to your peers’ in this poll.

January 13, 2020

Channel 19

2020 income outlook: Owner-operators trend optimistic for the year ahead

Believe it or not, as it were — there were, however, a variety of shrugs and SMHs to the annual question on business income outlook for the new year this time around social media. Polling results, however, showed much more of an “it’s got to be better than last year” dynamic than results this time in 2019.

January 9, 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 Radio

Countdown through a parking shortage, tech surge, truck boot … 2019’s Top 10 podcast episodes

Listen: A year-in-review on the Overdrive Radio podcast this week, covering a boatload of ground all told: From trucking history to shutdowns and slow rolls, parking and booting, the ELD mandate and hours of service, small fleet business and the limits to quick growth, working the spot market and so much more …

December 27, 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