Is it better to buy or lease a semi-truck? Every owner-operator encounters this dilemma at some point in their career. If you’re facing it now, the decision isn’t straightforward. It often depends on your goals, financial situation, and other factors. What Is Leasing? Let’s begin with the basics by defining what leasing is. By definition,..
More Federal Funding for Truck Parking Spots The Owner-Operator Independent Drivers Association (OOIDA) has welcomed $30 million in federal funding to address the national truck parking shortage, part of a broader $4.2 billion infrastructure investment from the Biden Administration through the INFRA and Mega grant programs. The funds support 44 projects nationwide to improve infrastructure,..
With diesel prices on the rise and stricter emissions regulations, fleet owners and independent owner-operators are constantly seeking ways to enhance semi-truck fuel economy. At Owner Operator Land, we are no different. We stay ahead of industry trends and innovations, continually developing solutions to address logistics challenges and potential setbacks. Here are some of our..
A staggering statistic that looms over fleet owners in the trucking sector is that the annual driver turnover rate is close to 90%. This concerning number points to a serious issue that needs to be addressed immediately. For small fleet owners looking to maintain a competitive advantage, cut expenses, and guarantee operational efficiency, keeping drivers..
Let’s start with the basics. A driving record is a detailed report that tracks a driver’s history on the road. It includes information on traffic violations, accidents, license suspensions, and other relevant incidents. Insurers view a clean record as a sign of responsible driving, reducing the perceived risk of insuring that driver. Components shaping a..
The trucking industry plays a crucial role in the global economy by supporting the stable movement of goods and products across the country. In this sector, insurance for trucking operations is essential since it offers financial security against the many risks that truckers and trucking companies encounter regularly. Trucking insurance provides continuity and stability of..