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Business: Page 35
Pony Express-style freight? Startup hopes to shorten long hauls, transform rural America
FR8relay, an Arkansas-based tech company that hopes to take the long out of long-haul trucking by dotting the nation with a series of rural “relay exchange nodes,” won a $650,000 United States Department of Agriculture Small Business Innovation Grant.
September 2, 2022
FMCSA cuts 2023 UCR fees for carriers, small fleet requests HOS waiver
Regulatory news: The new fees are an approximately 31% decrease for all fee brackets; and a small fleet looks for HOS relief to help food producers. Also: ATBS shows owner-op average income drop in last six months; CARB's small-fleet e-trucks vouchers.
September 1, 2022
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Plan carefully for a profitable week
Smart owner-operators make every single week as profitable as possible. To do so, take into account the negotiation and load availability advantages and disadvantages of every day of the week.
September 1, 2022
Small Fleet Champ
Holtkamp Transportation goes from a part-time job to $6 million operation
Les Holtkamp worked in sales for a large wholesale crop protection company before he founded this now multi-million dollar trucking enterprise, with 25 power units in the stable and a handful of owner-operators leased on as well.
September 1, 2022
Business
Thieves targeting ECMs, cargo: Take extra precautions heading into Labor Day weekend
Cargo theft recording firm CargoNet is warning trucking companies that thieves across the country have been targeting expensive and hard-to-find truck electronic control modules, which can make trucks undriveable. Increased activity expected.
August 31, 2022
Hours of Service
FMCSA extends COVID-19 hours of service waiver a shorter-than-usual 45 days
The reduced extension period -- half of the typical 90 days -- might signal a move toward the waiver's end, yet an FMCSA spokesperson noted ongoing evaluation on a "case by case" basis when it comes to regs relief.
August 31, 2022
Regulations
Injunction blocking California's AB 5 for trucking lifted, for now
Following the Supreme Court's decision to not hear trucking's challenge to AB 5, a California district judge lifted an injunction blocking the law from applying to trucking. A motion for another injunction is in the works, however, as challenges reemerge.
August 30, 2022
Business
With spot market flat, diesel prices surge back above $5/gal national average
Fuel prices were up during the week ending Aug. 29, but the Midwest region -- home to the temporarily-shut-down BP Whiting refinery -- jumped highest during the week; spot rates showed little movement. Also: New mid-duty body-builder resource available.
August 30, 2022
Regulations
Kentucky emergency relief hours waiver extended through September
The declaration exempts carriers and drivers hauling direct relief to severe weather and flooding in the state from maximum driving time limits. Also: FMCSA names female trucking advisory board members; latest Highway Angel helps injured motorcyclist.
August 29, 2022
Overdrive Radio
'Knock on wood,' Owner-Op of the Year Glen Horack's money-making ways set to grow
Listen in on lessons learned by decades-long owner Horack, who started team driving with his wife, Karla, after 2008, the one year -- "knock on wood," Horack said -- his one-truck business truly struggled in the depths of the Great Recession.
August 26, 2022
Parking
Trucking group fires back after NYC cracks down on illegal truck parking with boots, tickets and tows
The Trucking Association of New York argues that instead of booting and towing trucks, the city should work to create more truck parking. Also: Florida DOT testing new lane closure alert system; new Love's in Washington state.
August 26, 2022
Overdrive Extra
How to do more than just live with the horror of high fuel
We all gawked earlier this year at fuel-pump pictures shared to social media that showed high costs to fill our tractors’ big tanks. Yet continuing shock over gross cost begs bigger questions for owners about what really matters: profit.
August 24, 2022
Channel 19
Will broker negligence suits ripple out to limit owner-operator opportunity?
Another case the Supreme Court didn't take up this last term seems to extend brokerage liability in negligence suits through the Western states. The unsettled nature of law in other districts could impact owner-op opportunity short- and long-term.
August 23, 2022
Business
Trucking conditions continued negative trend in June | Kenworth T680s recalled
Industry conditions for carriers deteriorated further in June as fuel, financing costs and freight rates were negative factors. Also: A potential mudflap/fuel tank issue prompts Kenworth T680 recall; new load board app; medium-duty Macks recalled; more.
August 23, 2022
Business
POLL: What's your view of the recent fuel-price drops?
For many, the bit of recent relief from historic diesel-price highs experienced throughout the year so far is no doubt a little refreshing -- yet for some it's represented a revenue decline given falling fuel surcharges. What's your take? Weigh in here.
August 22, 2022
Business
IRS reminding truck owners of Form 2290 deadline | Factoring firm hit by malware
The deadline for owners to file their Heavy Highway Vehicle Use Tax Return is Aug. 31. Also: Factoring company Apex Capital is experiencing an outage due to a cyberattack but is still funding clients; Women in Trucking giving away truck.
August 19, 2022
Regulations
Another trucker seeks exemption from hours of service regs | Free fuel sweepstakes launches
The driver is petitioning FMCSA for an exemption, solely for himself, from the HOS and ELD regs. Also: Emergency declarations suspending HOS extended in Kentucky, Minnesota; Trucker Path launches free fuel sweepstakes; new Love's in Minnesota.
August 18, 2022
Channel 19
How do you know you're working with a double broker? It's increasingly hard to tell
That is, unless you're a broker and it's your load being brokered again. New intel on a double-brokering scheme with potentially wide-reaching implications, and a little reinforcement of guidance on keeping information secure from potential ID thieves.
August 15, 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.
Trucking Law
Trucking Law: Marijuana rescheduling impact for pro truckers
Regulations
Timeline for AEBs, broker transparency, other rulemakings in the works
Business
Why brokers don't want to give owner-ops transparency in freight transactions
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