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Business: Page 24
POLL: Leased owners, what's your preferred compensation structure: percentage, miles, hourly...?
Percentage-of-the-load compensation models have grown in prominence over many years for leased owner-operators compared to miles, yet other options -- hourly rates, guaranteed revenue -- have also made some in-roads. What's your preference?
April 5, 2023
Eight more sentenced in staged-accident scheme targeting trucks
The sentencing of individuals associated with the widespread staged-accident fraud scheme in New Orleans presents new wrinkles. Also: C.H. Robinson debuts digital cash advances; Highway Angel honored after helping man run over by his own moving truck.
April 4, 2023
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July 16, 2024
Owner-ops sound off to FMCSA on need for more light on brokered rates
FMCSA's listening session at MATS on recent and future regulatory moves related to brokers was filled mostly with owner-ops calling for greater transparency into brokers' margins. One broker cautioned the transparency push could backfire for some.
April 4, 2023
Business
DAT's guide to working broker relationships for better rates
A broker and one of the people behind the DAT One app illustrated ways to leverage the platform to create better relationships with shippers and, eventually, improve your rates.
April 3, 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
Regulations
FMCSA reassesses 'detention' definition in latest study
During a regulatory update at the Mid-America Trucking Show, FMCSA reps gave updates on an ongoing study into detention time, a Congressionally-required study into driver compensation, and the Drug and Alcohol Clearinghouse.
March 31, 2023
Regulations
FMCSA signals intent to move on OOIDA broker transparency petition
In a letter dated earlier in March, the agency told the association it "determined that OOIDA's petition contains adequate justification to initiate rulemaking. Also: Used-truck volume slip -- indicators; Penske acquired Kris-Way Truck Leasing.
March 31, 2023
Overdrive Radio
Fit or Unfit? FMCSA keying in on problems with 'Conditional' safety rating limbo
FMCSA's MATS regulatory session didn't mention a plan to advance a rulemaking around its safety rating system for motor carriers across the size spectrum. Yet at another conference one month, the agency revealed the move. More on Overdrive Radio.
March 31, 2023
Regulations
$755 million truck parking bill reintroduced in Congress
Bicameral, bipartisan legislation was recently introduced that would provide $755 million in funding for truck parking expansion across the U.S. Also: Trucker Path launches fuel discount program.
March 30, 2023
Regulations
Connecticut's truck-only miles tax 'basically on the honor system' for now
Connecticut's truck-only miles tax went into effect first of the year, and some carriers say they'll pay $150,000 or more through 2023 while others simply refuse to comply in the face of uncertainty around enforcement.
March 29, 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
Freight cycle expected to bottom out sooner than later
The current freight downcycle should be closer to the end than the beginning. Also: Latest spot rates moves; Diesel prices are down for the eighth straight week; Michigan again adjusts spring weight restrictions; Drivewyze added to another ELD.
March 28, 2023
Overdrive Extra
An argument for an hourly-pay standard for truckers
Clifford Petersen believes that while such a shift may be painful for some, he feels "it’s a necessary one toward meaningful reform, and a way to seed motivation for the next generation of truckers," improving safety in the process.
March 28, 2023
Trucker of the Year
'Everything is a lesson' -- Pulli Express Inc.'s path to profits through continual adjustment
Owner-operators Tim and Shelley Puzek-Pulli's steady-as-she-goes approach to their two-decade-old owner-operator business, now a three-truck fleet, got a shot in the arm in 2012, after a crash launched in-house reckoning, big shifts in management.
March 27, 2023
Business
Texas-based project would give freight trucks priority at red lights
Freight operators can connect via their telematics devices or via an app to send their GPS coordinates to the Freight Priority system, which can then extend a green light to allow the truck to move through traffic without stopping.
March 21, 2023
Overdrive Radio
Tales from a trainer's truck: Good, bad, ugly with reefer operator Bill Douglas
The rewards that come with knowing you've set a driver up for success, and difficulties setting boundaries with a trainee taking your credit card for dinner -- while you're asleep. Long Haul Paul takes the mic for this podcast with the longtime trainer.
March 24, 2023
Business
'Get ready to compete': New rail behemoth sets sights on trucking
Canada Pacific's merger with Kansas City Southern promises to take 64,000 truckloads off the road each year, and the Biden admin will likely hold them to that. The new rail behemoth is very clearly coming for trucking, but can the industry take it?
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
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