Tools

The best time to know if a Lease-Purchase contract will be profitable for you is before you sign it. The same is true if the contract is so flawed that there is no way on earth you can buy that truck and make a living at the same time. You don’t want to come to … Continued

The price of gasoline and diesel is already a major concern to all motorists. What you may not know is that the temperature of the fuel you pump into your tank affects how much money you spend and how much fuel is ultimately consumed. In short, you may not be getting what you pay for. … Continued

Figuring Cost Per Mile Truckers must not be flying by the seat of their pants When airplanes were a new idea, pilots were the cowboys of the air. Barnstormers would fly in and out the open doors of barns: they truly flew by the seat of their pants. They had a wicker seat, a control … Continued

What you need to know: Currently there’s no rule, law, or regulation mandating a fuel surcharge. Small carriers with direct shipper freight contracts must incorporate a fuel surcharge. Good carriers will typically pass through 100% of the fuel surcharge to their leased-on owner-operators (OO). This allows the leased OO to offset the higher price of … Continued

Helpful tools to assist you in your day-to-day business dealings with Brokers! It is important to always remember that there are valuable resources available to assist you in choosing legitimate brokers to do business with. For instance you can check the status of a broker’s authority on the FMCSA website http://www.fmcsa.dot.gov . If you do … Continued

Marking the final phase of the process, residents of 14 states and the District of Columbia can now obtain free copies of their credit reports in accordance with the Fair Credit Reporting Act. Staff in the OOIDA Business Services Department recommend that truckers check their credit reports every year to make sure all of the … Continued