Tag: truckstop.com

Business

How to report — or threaten to report — bad brokers, take action for payment recourse

What recourse action can you take against a broker for nonpayment? Learn how to report or threaten to report bad brokers here on Overdrive.

March 19, 2020

Business

How to vet brokers’ credit before taking a load

It's important to vet the credit risk you're taking to prevent getting stuck with the load with no compensation. Here's how.

March 17, 2020

Business

A ‘hit it and move on’ broker scam — and more loopholes

As brokerage scams multiply, learn from Allan Workman’s experience with Cedar Freight and discover an important loophole scammers exploit here.

March 2, 2020

Business

How to file against a broker’s bond — and other collections-related resources

When it comes to working with brokers, nonpayment has been an issue for many owner-operators. Learn how to file against the broker's bond and more on Overdrive.

January 23, 2020

Business

News roundup, Jan. 7: Truckstop.com systems mostly online after ransomware attack; Rhode Island challenges latest court ruling on trucks-only tolls

The company reported today that, while most Truckstop.com services are now available, its Trans4Cast weekly analysis of spot market rates and conditions has yet to be fully restored. Rhode Island is petitioning a federal appeals court to have ATA’s lawsuit over the state’s trucks-only tolls moved to a state court.

January 7, 2020

Overdrive Extra

Notes on the No. 1 reason for a truck repo — and going out of business

“The No 1. place when someone stops paying me is when the truck is at a repair shop,” one lender recently told Overdrive. Likewise, another take from Truckstop.com’s Brent Hutto, who corroborates that lender’s account. More here…

August 12, 2019

Overdrive Radio

A Truckstop in the halls of Congress, a hotshot carrier’s tech-informed business

Failure to fund road repairs, notes Truckstop.com’s Chief Relationship Officer Brent Hutto in this week’s edition of the Overdrive Radio podcast, can hasten the incidence and increase the likelihood of the perhaps No. 1 reason owner-ops go out business — that’s a major mechanical failure, of course.

July 11, 2019

Electronic Logging Devices

More ELD data hopes and hazards: Load matching efficiency improvements

A variety of players, including some ELD providers, are executing plans to use ELD hours data as a way to help put load offers in front of carriers that have drivers who not only are close to the load but also have sufficient on-duty hours.

June 25, 2019

Electronic Logging Devices

Tracking-tech providers see new uses of ELD location data

Location data is some of the most valuable output from electronic logging devices, driving tracking services to make deals with ELD providers to allow users to opt into location-share connections with ELDs providing the tracking, with more functionality coming.

June 11, 2019

Overdrive Radio

Even in a roaring market, think twice before joining the stampede

This week’s Overdrive Radio podcast features this talk, delivered by former small fleet owner and longtime radio host Kevin Rutherford at MATS, on prioritizing all the new risk and responsibility of trucking with authority, toward better income. Significant wild-card today: Inexplicably high cost of insurance for some carriers.

April 12, 2019

Business

Truckstop.com to use investment funds to expand carrier and broker product suite

The company doesn’t plan to pivot away from its core business of connecting brokers and carriers, said CEO Paris Cole. Rather, the investment will allow Truckstop.com to grow its product development team in the short term, says Cole, and, longer term, the capital will help the company to accelerate the rate at which it brings new products to market.

April 10, 2019

Business

Private equity firm acquires majority stake in Truckstop.com

Truckstop.com, well-known for its online freight matching/load board tools for carriers and brokers, announced April 3 an investment from private-equity firm Iconiq Capital, making Iconiq the majority shareholder in the Idaho-based company.

April 3, 2019