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Business: Page 49
The highs and lows of 2021 over the road with Overdrive
If 2020 flipped the trucking world on its head, 2021 asked drivers to remain upside down while juggling and jumping through flaming hoops. Here Overdrive recounts an absolutely historic year where trucking issues finally broke into the mainstream.
December 28, 2021
POLL: Business outlook for 2022 -- what's your income expectation for the new year?
How long will rates stay rising against cost inflation? Weigh in here on where you see your business income going in 2022. Got commentary on trucking headwinds, tailwinds? Drop us a note under the poll in this post.
December 27, 2021
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July 16, 2024
Trucking orgs reactions mixed to Biden's trucking action plan
Fleet group lauds the Biden-Harris Trucking Action Plan for its attention on recruitment but driver group says it comes up short on solving retention.
December 20, 2021
Overdrive Radio
Power only: A springboard for this owner-op's growth
How is it that this small fleet owner's been able to recruit when so many of his large-carrier counterparts sound like they’re facing the greatest shortage in history when they talk about drivers? Find out on Overdrive Radio.
December 17, 2021
Regulations
Senators ask Biden, Canada to reconsider cross-border vaccine mandate for truckers
14 Senators are asking the Biden Administration to reengage with Canada to reconsider the looming cross-border COVID vaccine requirement for truckers. Also: Truckers honor Oxford school shooting victims; Latest Highway Angel; more.
December 14, 2021
Business
Owner-operators identify power-only drawbacks -- added costs, stiff rates, trailer headaches
Limitations within power-only operations identified by recent Overdrive survey respondents include significant headaches associated with non-owned trailers, more deadhead miles as a general rule, new costs and difficulty negotiating rates.
December 13, 2021
Business
Central Freight Lines shuttering this week
The closing of Central Freight Lines is the largest trucking industry failure since Celadon filed for Chapter 11 in 2019.
December 13, 2021
Regulations
House passes bill addressing detention, demurrage at ports | More new truck parking all around U.S.
The legislation mandates a new rulemaking by the Federal Maritime Commission to prohibit “unjust and unreasonable detention and demurrage rules practices." Also: Two rest areas temporarily reopen in Arizona for truck parking; 4 new Love's now open.
December 10, 2021
Business
Power-only pros: Chief benefits include factors that ease scaling-up process
Power-only owner-operators identify a myriad of advantages to trucking independent without an owned trailer, many of which add up to greater possibilities for scaling up to a small fleet in the right operation. Find much more from the pros here.
December 9, 2021
Business
How COVID fast-tracked an explosion in power-only trucking
Compared to intermodal and auto-hauling operations previously explored, long-tail COVID pandemic ramifications have been decidedly more positive for power-only independent operators, the focus of this part of Overdrive's "Niche Hauls" series.
December 8, 2021
Small Fleet Champ
How to pay drivers in respect, not just cash
At a time when truckers are seeing record income, fleets small and large still struggle to figure out what makes a company worth driving for. Here, an ethically-minded fleet owner explains how respecting a driver and their family pays dividends above pay.
December 7, 2021
Overdrive Extra
Three common fallacies in popular 'driver shortage' arguments
The conversation around shortages suffers from incomplete information, short-/long-term conflation and misunderstandings of economics. Stressing out over shortages is a losing game -- innovate to increase your own productivity to win.
December 7, 2021
Business
Knight-Swift spends $150M to grow its LTL network
MME's regional footprint complements Knight-Swift's southeastern and midwestern LTL presence alongside its AAA Cooper Transportation brand, which together cover over half the U.S.
December 6, 2021
Business
Jobs report shows transportation growth | ELDs starting to appear on Canada registry
The Bureau of Labor Statistics' monthly jobs report for November showed an estimated 50,000 payroll jobs added in the month. Also: After long delays, some ELD providers are finally approved in Canadian registry; New Jacksonville KW facility.
December 3, 2021
Business
Per diem tax breaks just got a lot simpler -- and more valuable -- for owner-operators
New IRS guidance notes there will be no need for owner-operators to determine any percentage of meal purchases from a restaurant to reap savings with 100% deductible per diem through all of 2021 and 2022. Savings could top $1,000 annually.
December 3, 2021
Channel 19
The No. 1 barrier to truckers' efficient hours utilization
Shippers/receivers' dock inefficiencies were named No. 1 by both owner-operators and MIT when it comes to hours utilization barriers, yet researchers might be missing a significant limiting factor in how new hours of service flexibilities are applied.
December 2, 2021
Business
What drives owner-ops? ATRI study finds freedom, independence among top motivations
Owner-operators responding to ATRI's survey are concerned, however, that legislation forcing them to reclassify as company drivers would negatively impact their job satisfaction and income. Also: Pilot donates $1.75M to veterans organization.
December 1, 2021
Business
Survey: What are the chief benefits -- and drawbacks -- of hauling in a 'power only' system as an independent?
Less detention in drop-hook operations? Parking ease between loads? Added insurance? This survey asks those among you with experience hauling power-only for a carrier-affiliated or non-asset broker or other party for your views of the "niche" here. ...
December 1, 2021
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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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Regulations
Timeline for AEBs, broker transparency, other rulemakings in the works
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4 million miles of increasing efficiency for owner-op's 1995 Kenworth T600
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