It just never gets easier owning a small business, especially if you happen to own a small trucking company. Assuming you where lucky enough to survive all 2020 had to throw at you, you still can’t relax. Why? Because 2021 is going to have a whole new set of obstacles to through at you. First […]
If you fill up your car with gas, thank a truck driver. If you buy groceries, thank a truck driver. If you buy a car, thank a truck driver. If you own or live in a house, thank a truck driver. Truth is, without truck drivers our entire economy would screech to a sudden […]
It doesn’t take long if you watch TV, listen to the radio or just ride down the road to see or hear about an attorney that will help you sue a trucking company. In fact, many (most) of these advertisements specifically target trucking companies. We all understand that if someone else is responsible for your […]
Landstar Earnings Down Landstar reported earnings this week and to no surprise their earnings were down just as JB Hunt and other transportation companies are reporting reduced earnings amid a difficult transportation market place. Landstar President and Chief Executive Officer, Jim B. Gattoni, stated that both truckload volume and revenue per load were affected by […]
Heartland Express Earnings Miss A few days ago, JB Hunt missed their earnings estimates and now so has Heartland Express. Is this just a bump in the road or a sign of things to come? Heartland blames part of their earnings miss on a recent acquisition, but when you look at the numbers you can […]
Tips for Starting your Brokerage Company the Right way. Starting a brokerage company can be a difficult and daunting task. There are a number of things that you have to consider as you decide what is the best way to start your new business. I am not writing this as a “how to” step by […]
FMCSA Postpones Drug & Alcohol Clearing house requirement Beginning in January, all employers trying to hire new truck drivers were to be required to do background checks in the Drug & Alcohol Clearinghouse; the problem is in typical government fashion the website doesn’t work! Now, after a week of frustration and delays in being able […]
Fleetwood Transportation Closed the Doors Yet another trucking company has closed their doors. Fleetwood Transportation out of Diboll, Texas closed their doors on December 31st. Fleetwood ran just over 250 trucks and hauled wood, building materials and oil field equipment. According to their chairman of the board the primary reason Fleetwood closed their doors was […]
FMCSA has decided to raise the Random Drug Testing rate to 50% The previous required testing rate was 25%, now the industry must comply with the new 50% testing rate rule. Yes, this will effectively double the required testing rate and will cost the trucking industry over $50 million a year, even as 2019 saw […]
Small Brokerage Companies are Failing at a Record Rate. This might seem strange to you, that brokerage companies are feeling the pressure from a slow down in the overall transportation sector, but as freight slows, many customers demand reduced rates because of the increase in trucking capacity. Smaller brokers cannot easily absorb the reduction in […]
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