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Partners in Business
The leading business training program for owner-operators.
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Latest Stories: Page 5
Overdrive Extra
Beware the insurance-requirement fine print in truck-lease agreements
There's a common condition within truck lease agreements that can present a serious obstacle. Read that fine print closely or you could be losing money.
April 10, 2023
Overdrive Radio
'The spot market is not where you need to live': On building business with authority
After two decades in and around trucking as a driver, owner-operator, then small fleet owner, Adam Wingfield is now bringing boatloads of energy to a mission of helping owners lay the groundwork for long-term business success. His rousing MATS talk, here.
April 7, 2023
Business
âThe extra load' to boost profitability in challenging times
Releasing the new edition of Partners in Business at MATS, Overdrive and ATBS' seminar charted cost, revenue and income benchmarks for owner-operator attendees, offering strategies to boost short- and long-term profitability.
April 3, 2023
Overdrive Extra
Join us at MATS -- new owner-operator business book released, live benchmarking seminar, more
Join Overdrive and ATBS 1:45 p.m. local time on Friday, March 31, in Louisville at MATS for the annual Partners in Business seminar, as new owner-operator manual, charting business start to finish, released. Download here.
March 23, 2023
Business
Holding the line: Owner-op's playbook to push back on cheap freight
When Joe Bielucki got an email from a corporate logistics director that his rates would take a hit, he was fuming. But with an iron grip on fundamentals, and some advice from his wife, he persuaded them to reverse course and throw in some other perks too.
March 22, 2023
Overdrive Extra
Ohio, Arizona hazmat disasters hold lessons for owners, carriers in the fight against safety complacency
In the wake of the high-profile Ohio train derailment, and later hazmat spill from a dry van that closed I-10 for a day in Arizona, Overdrive contributor Gary Buchs urges owner-operators to fight against safety complacency that can come with success.
March 8, 2023
Business
Owner-operator income took a big hit in 2022
Trucking business services firm ATBS' owner-operator clients on average took a 10% hit to the bottom line in 2022 as fuel costs soared, maintenance delays continued and market demand fell. Catch more at Overdrive/ATBS MATS session later in month.
March 6, 2023
Overdrive Extra
How to avoid application errors when applying for your USDOT/MC numbers
All too often, application errors lead to extra start-up costs, delays and lost income. Longtime owner-operator and insurance agent W. Joel Baker here shares some of the more common filing errors he sees and issues associated with them.
February 28, 2023
Partners in Business
6 ways to simplify bookkeeping to improve the bottom line
The receipts and records you keep are used in a number of areas of your business. You can simplify the bookkeeping task by following six simple practices that could translate to higher profit with less hassle.
February 15, 2023
Partners in Business
Don't be dishonest with insurers to lower premiums
If you are ever tempted to -- or if anyone (a business partner, friend or even an insurance agent) suggests you should -- mislead your insurance company, donât do it. It can mean the end of the road for your business.
February 2, 2023
Overdrive Extra
The most under-appreciated insurance coverage in all of trucking
After the death of an owner's spouse and passenger, it's clear that if you donât have this coverage, or if you choose to purchase only the minimum, you could be making one of your worst business and insurance coverage decisions.
January 30, 2023
Business
With borrowing costs up, use financing relationships, experience to advantage
The U.S. economy hasn't seen hikes in the fed-funds target interest rate like 2022's in well more than a decade. With those hikes flowing into commercial truck loans, this closer look at impacts illustrates the value of long-term lender relationships.
January 19, 2023
Partners in Business
How to make the bid for direct customers as an independent
In any move to secure a contract with a shipper, make sure you can answer this question: Why you?
January 18, 2023
Overdrive Extra
New year, new you
Have you given up on your New Year's Resolutions yet? If so, you're not alone. Clifford Petersen here offers strategies toward more effective goal-setting and achievement. "The reward is a new you, at a new level, in this new year."
January 16, 2023
Overdrive Extra
A purposeful life beyond the truck: Owner-operators Jay and Katt Hosty
The long-term return on a personâs honest investment in volunteering far outweighs what may appear at first a week of lost income opportunity. Meet an example of purpose beyond the truck in owner-operator Jay Hosty and his wife, Katt.
January 9, 2023
Partners in Business
Ways to prepare for the inevitable New Entrant audit
Got authority in recent history? The new entrant audit is in your future -- critical prep areas include driver qualifications, logs, maintenance programs, a filed and up-to-date accident register and written drug and alcohol policies and procedures.
January 4, 2023
Overdrive Extra
Protect claims history: Be mindful of fine print in broker/customer agreements and contracts
In particular, keep a sharp eye out for any broker or customerâs requirement to provide âadditional insuredâ coverage and/or a âwaiver of subrogationâ -- both could have big insurance implications in the event of an incident.
December 27, 2022
Business
Toll roads on the rise: What's an operator's best electronic-collections option?
Toll roads are increasing in scope and price, and with fuel prices as high as they've been, it's a calculation every owner-operator should have their eyes on. Here are some of the options these seasoned owner-ops and small fleet owners have chosen.
December 21, 2022
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