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Latest Stories: Page 6
Overdrive Extra
Broken promises: Retention missteps on the road
For all the talk of improving retention around trucking, carriers can't expect to retain the best, safest operators if they continue to overpromise and under-deliver.
December 13, 2022
Partners in Business
Don't be a victim: How to guard both personal and business identity to prevent theft
There are dozens of ways people can have their identities compromised, but here, find some key areas where truckers are particularly vulnerable.
December 7, 2022
Overdrive Extra
'Why won't an insurance company give me a quote?'
Why some insurance companies will provide a quote, while others won’t -- it could depend on the freight you haul, your region of operation and (sometimes frustrating for new trucking businesses) your longevity in trucking with a motor carrier authority.
November 28, 2022
Partners in Business
Avoid these misconceptions about revenue
Revenue is only half of the profit equation -- costs are the other half. Too many of us focus squarely on revenue while neglecting the fact that it's possible to generate a whole lot of revenue, yet spend $1.10 to make every dollar.
November 23, 2022
Overdrive Extra
Navigating insurance claims: Patience is in our best interest
Though the desire for speed in a claims investigation is certainly understandable, insurance agent W. Joel Baker here offers two examples in which extended claims investigations yielded desirable outcomes, mitigating damage from attempted fraud.
November 15, 2022
Partners in Business
Retirement vehicles: Don't place your bets just on the truck
Owner-operators pride themselves on maintaining trucks that make them a living, but when time comes to hang up the saddle, you'll want more than just the proceeds from a truck sale at your disposal.
November 9, 2022
Partners in Business
Know when to hold 'em, fold 'em: Timing the market for retirement
The recent stock market downturn has hurt many owner-operators' retirement savings. Yet it's more important than ever to manage your emotional responses and think long-term to get the retirement you deserve. Here find better advice than Kenny Rogers'.
November 9, 2022
Overdrive Radio
Fight double-brokering fraud: Prevention, ways to elevate enforcement
Drop into a long talk about somewhat simple steps carriers, brokers and shippers working together can take to stop double-broker schemes in their tracks, likewise elevate the issue for first-time meaningful enforcement at FMCSA, DOT.
November 4, 2022
Overdrive Extra
Axe double-brokering schemes: Know your broker/carrier
Broker/carrier owner Jon Asiala shares lessons learned after falling prey to crooks with a double-brokered load that, ultimately, found its way back to him when the final carrier didn't get paid. More carriers/brokers would do well to heed his message.
November 3, 2022
Partners in Business
Put an insurance agent on your team
Quick tips on finding an insurer and the right questions to ask -- and when to ask them -- of an agent to get the best coverage.
November 2, 2022
Overdrive Extra
Insurance premium refunds: Know your rights -- update
Owner-operator and insurance agent W. Joel Baker on "unearned premium" refunds due to those who cancel an insurance policy. Above all, he notes, don’t let any unethical insurance company bully or intimidate you out of what is legally owed to you.
October 17, 2022
Overdrive Extra
Health care horror stories and how to avoid catastrophe
With this year's open enrollment period for the ACA's exchanges starting Nov. 1, Gary Buchs lays out the stories of three owner-ops' approaches to health insurance coverage, and the sometimes catastrophic business consequences of going uninsured.
October 31, 2022
Overdrive Extra
Getting close to 65? Now's the time to understand the realities around Medicare for health care needs
Contrary to road rumors, the health insurance available to those 65-plus isn't a totally free ride. An open enrollment period from October 15 through December 7 is under way -- new and longtime enrollees can examine the changes for the following year.
October 25, 2022
Partners in Business
DIY maintenance for a healthier bottom line
While your free time is valuable, every maintenance job you can do yourself is one you don’t have to pay someone else to do.
October 12, 2022
Overdrive Radio
The spot-market slide, and an owner-op return to leasing refuge
As rates on the spot markets for freight have fallen, ATBS is starting to see a shift for many owners who went out and got authority during the last couple of spot market boom years, a move back to leasing. Dig into revenue, cost, income performance here.
September 30, 2022
Partners in Business
Back to basics with owner-operator business planning
If you’re successful but never had a written business plan, you’re probably already doing these things in your mind. Yet there's accountability power in writing plans down -- and potential to yield better results achieving goals.
September 28, 2022
Partners in Business
Big owner-operator revenue gains entirely offset by fuel, other costs
And then some, for some segments among clients of the ATBS owner-operator business services firm. Independents and leased flatbedders led the way in income losses year-over-year, comparing 12-month periods through June.
September 20, 2022
Equipment
Digging into the changing dynamics of used-truck warranties
Used-truck warranty providers are well aware of the reputation that has built around them over the years among owner-operators. In recent years, however, they've been working to improve their customers' experience.
September 15, 2022
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