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Partners in Business
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Latest Stories: Page 7
Partners in Business
Where to find financing for that new piece of equipment
There are multiple options for borrowing money. Check around for the lender that best suits your needs.
September 14, 2022
Partners in Business
Know the full extent of your costs before going independent
One major mistake many owner-operators make when considering the move to run under their own authority is to underestimate the total cost of operations. Plan compliance duties in these areas for better cost estimation.
September 7, 2022
Partners in Business
Owner-operator income trend falls off record pace
In a preview of an online seminar upcoming Thursday, September 15, at 6 p.m. Eastern time, owner-operator business services firm ATBS revealed some of the results of its semi-annual benchmarking data analysis, showing income losses over prior 12 months.
September 1, 2022
Partners in Business
Plan carefully for a profitable week
Smart owner-operators make every single week as profitable as possible. To do so, take into account the negotiation and load availability advantages and disadvantages of every day of the week.
September 1, 2022
Overdrive Extra
How to do more than just live with the horror of high fuel
We all gawked earlier this year at fuel-pump pictures shared to social media that showed high costs to fill our tractors’ big tanks. Yet continuing shock over gross cost begs bigger questions for owners about what really matters: profit.
August 24, 2022
Equipment
Given sky-high repair costs, used-truck warranties more valuable than ever
While extended warranties on used trucks tend to get something of a bad rap among owner-operators, the current state of the used truck market amid skyrocketing equipment, parts and labor costs has made warranties more attractive.
August 16, 2022
Partners in Business
Partners in Business tip: Hire the kids
Provide tax-free earnings for age-appropriate work and help cut your tax bill. Check out all the details in the Partners in Business program produced by Overdrive.
May 26, 2021
Partners in Business
Partners in Business tip: Open a separate checking account for your business
If you're an owner-operator, be sure to check out this Partners in Business tip about the importance of separating business and personal checking accounts.
April 29, 2021
Partners in Business
Partners in Business tip: Perform regular PM
Preventive maintenance ensures your truck is running efficiently. Here are a few items to regularly check.
April 16, 2021
Overdrive Extra
Leasing out equipment? Call your insurance agent first
Both trucks and trailers that are leased out bring increased potential to be damaged, stolen, abandoned or vandalized. Coverage necessarily will be the responsibility of the party leasing equipment from you. Be extra careful who you do business with.
July 25, 2022
Partners in Business
Partners in Business tip: Save every receipt, no matter how small
Take advantage of all your business expenses by collecting your receipts no matter how small they might be. Get more details right here on Overdrive Online.
April 8, 2021
Partners in Business
Partners in Business tip: The benefits of trailer ownership
While leased operators don’t have the pressing need to provide a trailer that most independents do, they often find trailer ownership has significant earning potential.
April 1, 2021
Partners in Business
Partners in Business tip: Have a fixed residence
Run a single-truck business? You need to report a fixed residence. Here’s why.
March 26, 2021
Overdrive Extra
Understanding costs/profit in relation to time for better load evaluations
Trying to select the loads based on the information showing on the load boards, or received from a broker on the phone, can play out with huge differences when it comes to bedrock costs/profit. Use these cost strategies for better self-dispatch results.
June 27, 2022
Partners in Business
Partners in Business tip: Factors that influence interest rates
A multiplicity of factors influence your credit rating and, thus, your interest rates for truck loans. Here’s what you need to know.
March 31, 2021
Overdrive Extra
How to change your decision-making for successful self-dispatch
Are you moving to assume greater control of your load selection, negotiation, planning? This two-part feature, by longtime owner-operator and business coach Gary Buchs, looks closely at aspects of self-dispatching that can set you up for success.
June 27, 2022
Partners in Business
Partners in Business tip: Properly spec your tires
Did you know that properly spec'ing your tires can save you money? Spec'ing your tires can reduce tire cost per mile and reduce fuel cost per mile. Learn more.
March 24, 2021
Overdrive Extra
'What do I do now to stay in business?' 5 tips toward reining in costs
W. Joel Baker answers the question in the title, one he's been getting increasingly from struggling small fleet owners. The answer? Part of it is to avoid the self-inflicted wounds common to trucking business owners who've grown too quickly.
June 20, 2022
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