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Business: Page 40
Household mover ordered to pay nearly $22M for deceptive practices | Memorial Day week rates recap
A Florida-based HHG moving company and its owner were ordered to pay nearly $22 million for deceptive business practices. Also: Spot rates dip during low-volume Memorial Day week; New Kenworth dealership open near Cleveland.
June 9, 2022
Would-be FMCSA boss takes aim at trucking safety in first Senate committee hearing
Senate committee presses pending FMCSA Admin Robin Hutcheson on safety, hair testing and attracting drivers to the industry, among other topics.
June 8, 2022
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July 16, 2024
Partners in Business tip: Have a reserve account
Here's how much every operator should have -- at minimum -- in a reserve account, and why you need one.
July 15, 2020
Regulations
California Trucking Association tears down Solicitor General’s AB 5 argument
After the Solicitor General recommended SCOTUS not hear trucking's case against California's AB 5 independent contractor law, CTA laid out why it believes SCOTUS should hear the case and how the law would impact the trucking industry.
June 6, 2022
Partners in Business
Trucking 101: Understanding fuel surcharges
There are no rules covering fuel surcharges. As with freight rates, anything goes. Understanding surcharges and having them in place with customers -- whether brokers, shippers or a leased owner-op's motor carrier -- is key to coping with price swings.
June 1, 2012
Business
ATA asks Biden to take action to bring down diesel prices
ATA's suggestions to the president mostly involved easing the process for offshore and onshore energy production. Also: FMCSA awards grants to states to help curb rising highway fatalities; Volvo adds dual PTO to I-Shift automated manual transmission.
June 3, 2022
Business
A fuel crisis is here -- will only the strong survive?
Some among the president and other global leaders invoked 1970s oil shocks this week when they seemed to admit defeat, saying the fuel crisis could get historically bad. No end in sight, here's how owner-ops are adjusting to a volatile, harsh new reality.
June 3, 2022
Hours of Service
POLL: Are you still using the COVID-emergency HOS limits waiver?
Continuing the hours waiver for a bevy of commodities June 1, FMCSA cited evidence of truckers' continued reliance on the now more-two-year-old HOS exemption. How often, if at all, have you used the waiver since significant changes last year?
June 3, 2022
Business
New York governor suspends fuel tax
Truck drivers fueing in N.Y. get a reprieve at the pump with the suspension of the state's 15.5-cent diesel tax through the end of the year. Also: CVSA updates emergencies website; new Eaton 48-volt aftertreatment heaters; Bendix postpones ride-and-drive.
June 2, 2022
Small Fleet Champ
What do a three-year cargo-van expediter and Overdrive's 2021 Small Fleet Champ have in common?
Systems-focused pursuit of success guide both. Champ Silver Creek Transportation and its leader Jason Cowan's investment in people and data engagement processes underpins a company culture that’s about well more than operating at a profit.
June 1, 2022
Partners in Business
Partners in Business tip: Obtain a monthly earnings statement
All of your records should be converted into a profit and loss statement at the end of every month to show miles, revenue, costs and how much money you made or lost.
July 29, 2020
Regulations
COVID-emergency hours waiver extends again, through end of August
FMCSA cited evidence from truckers around the nation of continued reliance on the hours of service waivers as part of the reason the waiver will remain in place for a bevy of commodities, from vaccines to food needed for emergency restocking.
May 31, 2022
Business
How to speak your freight broker's language with confidence
Owners' spot freight negotiations should be viewed as a potential stepping stone to steady business. As evidenced in this report, tactics abound for getting better rates, but truckers who succeed consistently always keep an eye on the road ahead.
May 25, 2022
Partners in Business
Partners in Business tip: Work to improve your credit
Do not wait around and accumulate more debt over long periods of time. Pay off what you owe as well as any penalty fees. Pay off debt to improve your business.
December 2, 2020
Regulations
Solicitor General recommends Supreme Court deny review of AB 5 independent contractor law
While the Solicitor General's recommendation “is very influential and often tracks the Court’s ultimate determination,” said transportation legal firm Scopelitis, Garvin, Light, Hanson & Feary, the ultimate decision lies with the Supreme Court.
May 24, 2022
Regulations
Hours regs waived for shipments of baby formula | Diesel prices dip slightly, rates rise
FMCSA issued an hours of service waiver for haulers of baby formula and related manufacturing ingredients. Also: Diesel prices dropped 4.2 cents last week; Cuban citizen pleads guilty in CDL fraud scheme; Bendix hosting ride-and-drive event at Talladega.
May 24, 2022
Business
Who is to blame for record diesel prices?
Diesel prices continue to batter the economy, and despite a frenzy of political activity, few good options appear at hand. In the near term, it looks like the Northeast may become the new California with diesel prices above $6 and limited availability.
May 24, 2022
Overdrive Radio
The cargo-van hustle: Break through limitations with business-systems focus
Cargo van expediter Breon Thomas is on a mission: To give a hand up to the generation of aspiring van business owners behind him with consultation that mere hustling won't get you where you want to go as an owner. Create your support structure to succeed.
May 24, 2022
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Massive Microsoft outage hits diesel pumps, creates permitting nightmares
A massive outage of Microsoft and the Crowdstrike security platform snarled diesel availability and created permitting nightmares for truckers across the country on Friday.
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