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Business: Page 42
Partners in Business tip: Log your spending
In the latest Partners in Business program post, we're discussing how to keep track of your spending. This means every purchase.
October 22, 2020
OOIDA decries FMCSA's revival of speed limiter mandate
The group has long been opposed to speed limiters on trucks, citing increased congestion and decreased safety if limiters are mandated in all trucks. Also: Another sentencing, guilty plea announced in staged-accident scheme; new Love's in Minnesota.
April 29, 2022
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July 16, 2024
FMCSA updating household goods regs with new recommendations
The agency received recommendations from the Household Goods Consumer Protection Working Group and is incorporating a number of those recommendations into HHG regs. Also: Overdrive Radio named 'Best Podcast'; Driver honored for on-highway rescue.
April 28, 2022
Regulations
FMCSA again plans to explore speed limiters for heavy-duty trucks
The agency issued a notice of intent to proceed with a rulemaking that would require the use of speed limiters on heavy trucks.
April 28, 2022
Business
Trump, Teamsters, Yellow Corporation under fire over $700 million loan
Rep. James Clyburn released "troubling new evidence" that he hopes will lead to an OIG investigation into "whether any of the misleading representations Yellow made in applying for its (Federal) loan" violates federal law.
April 27, 2022
Business
A spot market volume boost, owner survey shows optimism | Operator shut down by FMCSA after crash
Recent survey results from owner-operators show optimism about growth in volume and rates this year, despite rising costs. Also: A Pennsylvania-based propane hauler was shut down after post-crash testing revealed high blood alcohol content.
April 27, 2022
Partners in Business
Partners in Business tip: Shop for insurance
If you're looking to get a truck loan, don't automatically include insurance in the contract. Take a moment to shop around to get the best insurance rates.
October 14, 2020
Overdrive Extra
How would overtime pay affect trucking safety?
Eliminating the FLSA exemption to deliver overtime pay to drivers would impact safety, but would the impact be positive or negative? Researchers have identified several factors that could shape the outcome.
April 25, 2022
Voices
Survey: Business impacts of severe weather -- what have you seen?
Extreme weather and natural disasters are on the rise, and often professional drivers face it down whether on the road or in prices for everyday goods when supply chains get disrupted. Sound off here on how weather's impacted your business.
April 26, 2022
Overdrive Extra
Overtime pay for employee drivers: Market benefits and drawbacks
Part 1 in this two-part series by three supply chain researchers features a review of how requiring motor carriers to pay overtime to over-the-road employee drivers could impact the trucking business. Part 2 follows with safety effects analysis.
April 25, 2022
Regulations
Texas border delays cost U.S. an estimated $9 billion, owner-ops canceled loads | Border vax mandates extend
The Perryman Group estimated delays at the U.S.-Mexico border with increased inspections cost the U.S. billions; one owner-op's experience. Also: Homeland Security extends border vax mandate for non-U.S. travelers; Carrier Transicold's dealer award.
April 25, 2022
Small Fleet Champ
Poised for longevity, growth: Small Fleet Champ Silver Creek Transportation
On-site at headquarters in Kentucky, Silver Creek owner Jason Cowan reflects on his vision for the company's threefold recent growth, with plenty of gratitude, respect and more for all in trucking who've paved the way for the Small Fleet Champ's success.
April 21, 2022
Partners in Business
Partners in Business tip: Keep an escrow account for maintenance costs
Partners in Business suggests calculating the cents-per-mile based on truck age to create a maintenance escrow savings account for preventive maintenance.
October 7, 2020
Business
Contract rates set record while spot rates slide
Shippers last month paid historically high prices to ensure that more of their loads moved under a longer-term contract.
April 18, 2022
Business
Trucking conditions index was up early in year but will be down for March
FTR says any gains made in February in its Trucking Conditions Index will likely be wiped out in March's numbers when they're released with ongoing week-to-week spot freight declines, more. Also: TA launches new fuel card; Western Star trucks recalled.
April 18, 2022
Regulations
Legislation looks to guarantee overtime pay for company drivers
Bill HR 7517 would remove the fair-labor exemption codified nearly a century ago and applied to many over-the-road employee drivers thereafter. Removal would guarantee time-and-a-half pay after 40 weekly hours worked for employee drivers.
April 18, 2022
Overdrive Radio
Meet your regulator -- FMCSA chief Robin Hutcheson -- and post-PIB biz talk, part 2
In this edition of Overdrive Radio, track back through a half-hour session with reporters the FMCSA chief held at MATS, touching on trucking pride, regulatory change, and much more; also: Part 2 of our post-Partners in Business best practices roundtable.
April 15, 2022
Business
Flatbed the only spot market segment maintaining recent rates strength against the rise in fuel
Latest on rates: Flatbed holds as a relative "bright spot" against the rise in fuel, as both reefer and van continued to lose ground at an accelerated pace. Also: TA acquires two franchise locations; Love's opening new Speedcos.
April 13, 2022
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