While conditions remain loose, the seeds have been sown for a rebalancing, which expects rate trends to recover. Recovering freight volumes, rates, and capacity continue to decline as unfavorable fleet conditions persist. Inflation, while showing tentative improvement, continues to impact consumer spending power. The slow start produce season may also be a headwind.” While the […]
Small operators have borne the brunt in 2023, and analysts blame bad spot rates and pricey fuel, but the losses have leaked to larger fleets of 100 trucks or more. However, this hasn’t yet put much of a dent in the huge 2020-2022 carrier surge. The tumbling freight spot market and historically high fuel prices […]
Parts availability and prices are among the biggest problems facing independent drivers. Inflation is pushing owner-operators to readjust routes and loads. With economic pressures including record inflation, still-high diesel prices, and volatile freight markets hurting the bottom line of even the largest carriers, owner-operators are having to stay on their toes as they navigate the […]
Time spent reviewing your fleet’s operations can help pinpoint weaknesses and provide opportunities for improvements. Probably of that you have not had time to re-evaluate your existing practices and procedures. As supply chain issues are getting resolved and more businesses are returning to normal operations. Now is a good time to take a step back […]
Maintenance and repair costs rise, but rate of increase slows despite headwinds, fleet maintenance operations continue to offset increases. Parts and labor cost data indicate that significant cost challenges continue to impact fleets through 2023.
At the end of 2021 just over 86,000 new owner-operators had been issued an authority to operate by the FMCSA.
The owner operator has the potential to earn more money than a company driver. Usually, the owner operator gets paid for many of the extras, there can be significant tax advantage especially when incorporated. As every business, the owner opearator has ups and downs. Let’s have a quick look: As owner operator you can choose […]
Owner operator vs Company Drivers – Which one is better? Are you a company driver wondering of becoming an owner operator OR an owner operator ? When deciding between owner operator vs company driver, don’t be in a big rush.
What is a dispatch service? A truck dispatch service helps owner-operators manage many of the back-office aspects of running a trucking company. Some of them provide end-to-end services, managing everything from finding the loads to ensuring shippers pay their invoices on time, while other dispatchers specialize in certain services. A dispatcher provides services such as […]
Why use dispatching service as a Small Fleet owner or an Owner Operator? Dispatch service simplifies the daily process for every O/O and Small Trucking Fleet. We handle all the hustle of looking, negotiating best rate and terms, and securing a load.