A successful and secure trucking carrier begins with the right insurance coverage. It serves as an umbrella against unforeseen events and risks faced by owner-operators both when transporting goods and resting between transits. The basic insurance package includes Auto Liability insurance with an average of $1 million coverage of damages or injuries to other traffic..
Navigating the transition from military service to civilian life can be challenging, but becoming an owner-operator is an exciting opportunity for veterans interested in entrepreneurship and the trucking industry. In this blog, we will explain the ins and outs of becoming an owner-operator, what benefits to expect, and what government programs make the transition into..
As an owner-operator in any industry, the drive, passion, and dedication you bring to your work are commendable. Your ability to manage your own business, make important decisions, and maintain operations is no small feat. However, there’s a prevalent mistake that many owner-operators tend to make — overworking themselves without scheduling essential downtime. In the..
FMCSA Faces Congressional Scrutiny Over Controversial Speed Limiter Mandate The Federal Motor Carrier Safety Administration (FMCSA) faces scrutiny in Congress regarding the proposed speed limiter mandate, as reported by Overdrive. The mandate, which has sparked debates in the trucking industry, aims to set speed limits for commercial vehicles. Critics argue that enforcing such limits could..
FMCSA’s Game-Changing Final Rule: Holding Brokers Accountable for Timely Payments to Carriers The Federal Motor Carrier Safety Administration (FMCSA) has introduced a final rule aimed at addressing issues of non-payment faced by carriers in the trucking industry. The rule targets brokers who intentionally withhold payments to carriers, seeking to enforce accountability and fair practices. This..
Financial planning is an indispensable pillar for owner-operators in the trucking industry, underpinning their ability to navigate the intricacies of this business. Making the crucial mistake of not having a clear financial plan might result in serious difficulties. Owner-operators are especially vulnerable in an industry where expenses are highly variable, ranging from fuel prices to..