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Opinion: Managing Contracts for Maximum Efficiency and Minimum Risk
Trucking fleets work every day to draft, negotiate and execute contracts with suppliers, employees, subcontractors and customers that maximize revenue and produce efficiencies for all involved. But in a heavily regulated industry such as trucking, compliance issues related to federal, state and local laws must be directly reflected in these contracts, and that can get burdensome.
June 4, 2018
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Opinion: A Future for Highway Funding
For decades, Americas roads and bridges were paid for by the users of transportation systems through modest fuel taxes. The system worked well for years, but as vehicles became more fuel efficient and cars that use little or no fuel at all became more prevalent, less revenue from this user fee flowed into the Highway Trust Fund. It's time to forge a new path forward.
May 22, 2018Opinion: New Lease Accounting Rules May Hit Smaller, Private Carriers Hardest
Updated lease accounting rules that take effect in December promise to keep finance and accounting executives busy this year.
April 30, 2018Opinion: Safety Culture Falls Outside Government Purview
Should the federal government be measuring your companys safety culture? The short answer is no. Absolutely not.
April 24, 2018Opinion: Advocacy Agenda Always Puts Drivers First
The 12 months Ive spent as chairman of American Trucking Associations provided a whirlwind of great experiences and key victories for trucking. They also provided some career highlights.
October 13, 2017Opinion: Transport Industry Needs a Data-Driven Culture
Transparency is a valuable and sought-after trait for all of todays top industry players, especially now that things such as business integrity and proactive problem-solving sometimes are baseline requirements of todays consumer.
May 15, 2017Opinion: Network Analysis Takes on More Importance
We keep seeing signs that things are looking up for the trucking industry. Most of the relevant economic indicators are favorable for trucking. Commodities are getting stronger, oil rig counts are increasing and the housing recovery is persisting. At the same time, small businesses are feeling a greater sense of optimism, and improvements to the tax code may boost entrepreneurialism. Low unemployment rates ultimately will lead to higher wages, giving consumers more money to spend and putting more goods on trucks.
May 8, 2017Opinion: More Mergers and Acquisitions for Truckers
The recent announcement that Knight Transportation and Swift Transportation are merging is a much bigger and industry-changing event than realized. It comes on the heels of another major development: the public offering by Schneider. In three years, these two deals will be viewed as having set in motion a number of mergers and acquisitions at a pace never witnessed before in the truckload and intermodal industry.
May 1, 2017Opinion: Solutions to Help Eliminate Late Payments
There is nothing fun about not getting paid for the loads you have hauled. But unfortunately, every small trucking company and owner-operator will encounter clients who sometimes take 45 to 60 days or longer to pay.
April 24, 2017Opinion: Trucking Spot Market Evolves With Technology
Trucking can always use more technology. Thats one reason we see so many tech startups in the industry these days.
April 17, 2017