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Tag: income
Partners in Business
Some good news for owner-operator income during year’s first half
ATBS President Todd Amen dissects the net income numbers for owner-operators during the first half of 2020 and notes the outlook for the rest of the year.
September 16, 2020
Partners in Business
Owner-op income for 2020 a mixed bag, but plan for downside, more uncertainty
Reefer's up, flat's down, and the spot market's volatility is cycling faster than ever, said Todd Amen, president of ATBS, to start off Overdrive's GATS Week.
August 25, 2020
Partners in Business
How hard were owner-operators hit in pandemic’s early months? PIB session details 2020 miles and income
The opening session of Overdrive’s GATS Week features Overdrive's Partners in Business collaborator ATBS, with YTD and second-quarter miles, income trends.
August 11, 2020
Business
Owner-operators logged four strong quarters before the bottom fell out
As the coronavirus began to shut down most of the economy, owner-operators were able to stay on the road and maintain earnings. Details here on Overdrive.
May 11, 2020
Overdrive Extra
Though fleets churn through drivers, there’s no evidence of ‘driver shortage,’ says DOL economist
Driver turnover is persistently high, and carriers have trouble filling seats. But that doesn’t mean there’s a shortage of those willing to drive a truck, says DOL economist Kristen Monaco. She penned a report in March painting the “driver shortage” as a myth — and tiffed ATA in the process…
September 12, 2019
Business
ATBS’ income benchmarking-data call
September 12, ATBS, the nation’s largest tax and business services firm dedicated to owner-operator businesses, is hosting a conference call and online presentation to present a variety of data toward answering the question, “Has 2019 been significantly worse for owner-operators?”
August 30, 2019
Business
Operators’ second quarter per-mile income defies slowdown
Even with the downturn that’s affected the freight market since late 2018, owner-operators saw a marked increase in net income per mile during the second quarter of 2019. That’s according to averages from thousands of owner-operator clients tracked by ATBS, a financial services provider.
August 28, 2019
Channel 19
Cash flow, freight strategies: Report from the GATS panel of independents, small fleets
PIB small fleet panel at GATS: Substantial profit can be hard-won in the trucking business, though with diligence around business analysis and cash flow, cost control, freight market wisdom and customer relationships, an independent owner-operator or small fleet owner can set themselves up for long-term success.
August 27, 2019
Overdrive Extra
Trying to measure the owner-operator earnings premium
There’s more than one way to calculate the difference between company driver and owner-operator income.
August 2, 2019
Channel 19
Time and cost, redux: Where the owner-op is the smartest guy — in a roomful of carrier execs
So, what is your time worth? Turns out, it’s likely a lot more owner-operators have a clear sense of that than fleet execs when it comes to the trucking business.
June 4, 2019
Business
Mike Landis: Managing sticky situations in food-grade liquid bulk
The independent fell into his current dedicated hauling for a tank fleet based near his hometown in Lititz, Pa., hauling reefer freight in a trailer he owned. A mutual associate recommended his Landis & Sons one-truck business years ago to the tank fleet. Now, “They almost dispatch me as if I was one of their trucks.”
May 10, 2019
Business
Owner-operator income could dip this year as trucking cycle changes
“The market is changing,” says Todd Amen, president of ATBS. “This year is not going to be as robust as last year. The important thing is that as the market changes, you need to realize it’s changing and figure out how to make money in that market.”
March 21, 2019
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