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Business: Page 65
Owner-operators remain in crosshairs of DOT's offsite reviews
In a trend that exploded in 2020, the U.S. DOT and its enforcement partners are continuing to leverage new authority amid the pandemic to perform offsite, remote safety audits and compliance reviews of trucking companies in lieu of onsite reviews.
February 17, 2021
Red tape, deaf ears: DataQs criticism mounts
Setting the Record Straight: This multipart feature kicks off with a look at how the DataQs process frustrates many who attempt to correct info associated with inspections, crashes.
February 15, 2021
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July 16, 2024
Massive pileup in Fort Worth shuts down I-35W
A fatal pileup on I-35W north of Fort Worth involving approximately 100 vehicles has shut the interstate down as crews work to clear the wreckage. Also: New CVSA out-of-service criteria; Trucker Path adds instant booking to load board; more.
February 11, 2021
Business
Easy cash: New and repeat borrowers consider reopened PPP
The process for turning a Paycheck Protection Program loan into a grant has been simplified since PPP's first round. The current offering is open through March 31.
February 11, 2021
Regulations
Montana-based fleet owner effectively shut down for numerous regs violations
The owner of two Montana-based fleets was effectively shut down by FMCSA for driver- and vehicle-related regs violations. Also: Arizona adds more trip-planning features to 511 site for truckers; HHG mover pleads guilty to scam; more.
February 10, 2021
Business
Are rates stabilizing after weeks of decline?
A mixed bag on the spot market for the week ending Feb. 7. Most major flatbed lanes saw volumes and rates increase, along with demand, while van, reefer rates were stuck in neutral even as fuel prices rose.
February 10, 2021
Regulations
Former small-fleet owner sentenced for falsifying drivers' logs
The former owner of a small Rhode Island-based fleet got three years of probation for falsifying drivers' logs. Also: HHG mover sentenced for fraud; Kenworth and OOIDA extend discount partnership; new min. weekly pay package; reefer washout system.
February 9, 2021
Business
Mack, Volvo to test integrating insurance with financing services
Volvo Financial Services and Mack Financial Services each announced they will be working with insurtech company REIN to pilot an integrated digital insurance offering. Also: 335 new truck parking spaces at four new Love's.
February 5, 2021
Partners in Business
Big-ticket repairs, replacements, rebuilds: To depreciate or not to depreciate?
Equipment improvements present a variety of options as it relates to tax strategy around expensing and depreciation. Depending on your income situation, you could be well served by spreading deductions over years.
February 4, 2021
Business
Spot market: Demand metrics improving, though rates sag a smidge further
Spot truckload posts edged up 19% last week as shippers cleared their docks to meet end-of-month targets and get ahead of Winter Storm Orlena. Truck posts, concurrently, declined by 8%, yielding a boost in the load-to-truck demand metric.
February 3, 2021
Business
Dozens of trucking groups discourage liability insurance hike in letter to Congress
More than 60 trucking-related groups' letter to transportation leaders in the House discourages them from including a hike to insurance minimums on future legislation. Also: How well does your ELD transfer data?; Contractor rule delayed; new Love's in NV.
February 3, 2021
Voices
POLL: PPP round 2 -- are you going after funding?
Are you interested in the forgivable loans available to some businesses in the Paycheck Protection Program that reopened this year?
February 3, 2021
Overdrive Extra
How to navigate 'frost laws' in northern states
Gary Buchs on how to handle tiny jurisdictions' seasonal weight restrictions in more northern states. Do your research, don't trust your GPS and question everything -- before you end up in front of a judge.
February 2, 2021
Business
Spot rates start 2021 on a slow note
All three major truckload sectors -- flatbed, dry van and refrigerated -- in January posted month-to-month declines. Here are the latest monthly spot rates averages.
February 1, 2021
Overdrive Radio
Even with fuel up and rates down, one owner-op's growth determination
Listen: Florida-based Kenyette Godhigh-Bell's journey to -- and future plans for -- her motor carrier authority, and a somewhat familiar dynamic in the marketplace for freight this winter.
January 29, 2021
Voices
From Biden DOT, owner-operators look for parking, highways, FLSA reforms
This trio of items adds to those familiar yet newly prominent in Overdrive's reader polling on priorities for a new DOT Secretary under Biden.
January 6, 2021
Business
Should I pay my quarterly taxes or pay off my truck?
A younger owner-operator trying to better manage his monthly cash flow asks the question: Should I pay off my truck early (and free up money in the coming months) or pay estimated quarterly taxes?
January 27, 2021
Business
Former head of NYC taxi commission named FMCSA deputy administrator
Meera Joshi, the former CEO of the New York City Taxi and Limousine Commission, has been appointed FMCSA's new deputy administrator. Also: Love's announces plans for adding 3,000 truck parking spaces this year; Weather restrictions in PA; more.
January 26, 2021
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