Month: January 2020

Let’s have a Revolution!!

It doesn’t take a majority to make a rebellion; it takes only a few determined leaders and a sound cause. – H. L. Mencken

I’m not suggesting taking up arms to bring forward changes in the trucking industry. What I am recommending is taking a revolutionary approach to how you conduct your trucking business.

Riding the Economic Roller Coaster

The thought of riding a roller coaster leaves me with memories of the stomach in the throat, white knuckles, sweaty palms, and sheer fear of what’s over the next rise or around the next corner. Kinda sounds like trucking, available freight scraping bottom and freight rates leaving our stomachs in knots—well, like a roller coaster.

Thriving not just Surviving in 2020

It’s not just a question of survival during these times of low freight volumes and freight rates. It’s time to take advantage of the many opportunities coming down the road. The last year was one the hardest on small motor carriers since the Great Recession of 2009 and 2010. But…

Don’t Have the Most Expensive Truck

There’s a method used in real estate investing that also works well for owner operators and lease operators. When investing in real estate for the purpose of receiving the greatest return on the dollar invested – for renting it out, in other words (creating a sustainable, consistent income), purchase the house with the lowest price in a neighborhood. In so doing, you have far greater profitability by being able to charge a higher rent with lower costs. Yet the revenue (rent) necessary to support the expenses like loan payments, taxes and insurance can be lower than other houses in the area.