OOIDA offering business course for owner-operators

Aspiring owner-operators can get a primer on succeeding in the business from the Owner-Operator Independent Drivers Association (OOIDA). The OOIDA Foundation is offering its annual Truck…

Titanium’s trucking margin improvements help it grind out Q1 profit

Titanium Transportation Group earned net income of $3.6 million in Q1, but deteriorating market conditions were reflected in a 22% decrease in revenue and 40% decline in net income. The…

When financing equipment, knowing your business has never been more important

In a previous career, Jeff Horler worked in the funeral management business. Little did he know at the time how applicable the skills required in that line of work –…

Economic Trucking Trends: Truck orders fall, signs of a spot market turnaround

Class 8 orders continued to fall in April, with FTR reporting preliminary orders of 12,050 units. That’s down 37% from March and marks the sixth decline in the last seven…

Economic Trucking Trends: Earnings diverge, spot market punishes

Two of Canada’s three publicly traded trucking companies reported Q1 earnings this week, with starkly different results. Mullen Group posted record earnings and held its guidance. Murray Mullen, senior executive…

Can the owner-operator business model survive?

I know better than to predict the death of the owner-operator. The business model has been declared dead many times before, but that resilient bunch keeps proving the naysayers wrong.

Stage your truck fleet for sale – even if it isn’t

Whether or not you’re interested in selling your business, business owners should always keep it “staged” and ready for a sale for when the right opportunity comes along. “You wouldn’t…

Mullen reports record Q3 earnings, maintains positive outlook

Record third quarter earnings at Mullen Group were not telling of a cratering economy, and chairman and senior executive officer Murray Mullen anticipates a strong close to the year before…

Fastfrate closes Challenger acquisition

Consolidated Fastfrate on Tuesday closed its deal to acquire a majority stake in Challenger Group, which it says establishes Fastfrate as a North American “powerhouse.” “Today’s closing of the acquisition…

Don’t settle for harmful trucking practices

“No – I will not settle!” This comment was delivered very forcefully to me during my Crazy Canuck Truckin Podcast by Adele Hills from Creston, B.C. At the time in…

Titanium achieves record revenue, but inflation weighs on profit

Titanium Transportation achieved record revenue in the third quarter, but inflationary pressures and integration costs associated with its acquisition of ITS weighed on profit. The company reported record revenue for…

Using 4 Disciplines of Execution to implement lasting corporate initiatives

Many corporate initiatives sound good in theory, but fail in implementation. Take, for example, that great idea you heard about at a business conference but forgot to follow through on…

Business optimism returning in Canada

Business sentiment is improving and the prospects for trucking are positive, according to new economic reports from The Conference Board of Canada and BMO. “Freight demand is up, with understandable…

The value in accumulating small nuggets of knowledge

One of many thoughts rolling around in my skull these days is a lesson many of us heard in our younger years: Two ears, one mouth. Or maybe: You will…

OOIDA offering course for owner-operators

GRAIN VALLEY, Mo. – Aspiring owner-operators can take a three-day course, offered by the Owner-Operator Independent Drivers Association (OOIDA). The course, dubbed Truck to Success, is being offered by live…