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Business: Page 31
Navigating insurance claims: Patience is in our best interest
Though the desire for speed in a claims investigation is certainly understandable, insurance agent W. Joel Baker here offers two examples in which extended claims investigations yielded desirable outcomes, mitigating damage from attempted fraud.
November 15, 2022
ELD comment deadline nears, TSA adjusts TWIC/hazmat fees
For drivers with an existing security threat assessment, obtaining or renewing a TWIC or hazmat endorsement recently became cheaper. Also: One more day to comment on potential future ELD rule changes; latest Highway Angel
November 14, 2022
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July 16, 2024
Happy accident: Independent owner-op with intent to grow finds savings, time with TMS
Independents Troy and Heather Baumgartner have streamlined dispatch, invoicing and collections, and accounting with the new Lynks TMS, saving money and a whole lot of time, setting themselves up for growth as a small fleet.
November 10, 2022
Business
Bad news for cost relief: Fuel prices projected to remain above $5/gal into 2023
The Department of Energy's Energy Information Administration's latest outlook report projects the diesel to average $5.12/gallon nationally in the first quarter of 2023. Also: Spot rates ticked down last week; TA accepting 2023 Citizen Driver nominations.
November 11, 2022
Overdrive Radio
Car-haul fleet's back-office backbone got his start behind the wheel
Slava Sobetki first came to the U.S. in 2006. That experience led to a determination to stay, to officially join what he calls "the best country in the world." In the next years, he got his CDL, bought a truck and now manages about 100 trucks.
November 11, 2022
Business
Transportation Management System platforms: Not just for large fleets
TMS options for the smallest fleets have been growing in number -- and can help small fleets, down to the one-truck independent, streamline back-office workload and manage comms with drivers, trucks, customers and more.
November 10, 2022
Hours of Service
Owner-operator regroups after FMCSA denies hours exemption request
Lee and Lisa Schmitt told Overdrive Tuesday they would be addressing FMCSA’s reasons for denying the request and resubmitting their request by the end of the day Tuesday. “We’re not going away,” Lisa said.
November 8, 2022
Overdrive Extra
Lesson learned finding a new home: How some recruiters blow it when bringing on new operators
Clifford Petersen returns to the road, and spots some carrier recruiting missteps: "If I was the company owner and my recruiter had just cost me a good deal of money to bring someone on board that was not going to be a fit, I'd fire that recruiter..."
November 8, 2022
Electronic Logging Devices
California moves to implement intrastate ELD mandate for in-state-only truckers
California is one of only two states that have yet to adopt the federal mandate for intrastate carriers. Intrastate California operators can comment on the proposal through Dec. 19.
November 7, 2022
Business
House bill looks to give independent contractors more flexibility
The bipartisan bill would ensure contractors have control over their work while also providing certain workplace protections and more. Also: Catalytic converter theft ring busted; Iowa waives HOS regs for fuel haulers; latest Highway Angel.
November 4, 2022
Overdrive Radio
Fight double-brokering fraud: Prevention, ways to elevate enforcement
Drop into a long talk about somewhat simple steps carriers, brokers and shippers working together can take to stop double-broker schemes in their tracks, likewise elevate the issue for first-time meaningful enforcement at FMCSA, DOT.
November 4, 2022
Overdrive Extra
Axe double-brokering schemes: Know your broker/carrier
Broker/carrier owner Jon Asiala shares lessons learned after falling prey to crooks with a double-brokered load that, ultimately, found its way back to him when the final carrier didn't get paid. More carriers/brokers would do well to heed his message.
November 3, 2022
Partners in Business
Put an insurance agent on your team
Quick tips on finding an insurer and the right questions to ask -- and when to ask them -- of an agent to get the best coverage.
November 2, 2022
Business
Protesting workers shut down Port of Oakland
Longshoremen walked off the job at the Port of Oakland on Wednesday morning, leaving incoming operators and fleet owners stalled at the gates. Shut-down terminals may reopen for the late shift.
November 2, 2022
Business
Only 25 days of diesel left?
Critically low diesel inventories after President Joe Biden's move to drain the Strategic Petroleum Reserves in hopes of pushing fuel prices lower are setting off alarm bells across the oil industry.
November 1, 2022
Business
October marked by rising diesel, falling spot rates
Fuel prices shot up from $4.84/gal at the beginning of the month to as high as $5.34/gal before falling slightly; spot rates fell. Also: Ohio patrol wants feedback; Transition Trucking award voting open; new small fleet credit card; veterans deals.
November 1, 2022
Overdrive Extra
Insurance premium refunds: Know your rights -- update
Owner-operator and insurance agent W. Joel Baker on "unearned premium" refunds due to those who cancel an insurance policy. Above all, he notes, don’t let any unethical insurance company bully or intimidate you out of what is legally owed to you.
October 17, 2022
Overdrive Extra
Health care horror stories and how to avoid catastrophe
With this year's open enrollment period for the ACA's exchanges starting Nov. 1, Gary Buchs lays out the stories of three owner-ops' approaches to health insurance coverage, and the sometimes catastrophic business consequences of going uninsured.
October 31, 2022
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Custom Rigs
Ben Cadle's personal 2024 Pete 389, custom-built with Semi Casual assist
Small fleet owner Cadle showed the sharp 389 hooked to a brand-new polished-out Dorsey flatbed that his parallel Trelco Trailers business, leasing and selling trailers, took to the Large Cars and Guitars truck show in Kodak, Tennessee, in May.
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