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How Fleets Should Deal With Labor Unions

From collective bargaining, to wages, to benefits and working condition issues, to grievance procedures, dealing with unions can be challenging for truck fleets.

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Profit Is Hiding In Dark Places

Most fleets are operating on thin margins and that is not likely to change anytime soon. Yet many of them are missing an opportunity to add to their bottom line because they don’t have complete control over their procurement process.

How To Distinguish Yourself From The Competition

The trucking industry is extremely competitive, and shippers have lots of choices when it comes to getting their products to market. If you are going to capture business, you need to stand out from the crowd.

Controlling Business Costs, Part 3: Healthcare

Healthier employees also can help control the employer portion of healthcare costs. Since hiring only 100% healthy employees isn't a feasible option, many companies are looking at the benefits of an onsite medical care facility to help improve the health of their employees.

Controlling Business Costs, Part 2: Worker's Comp

One of the best ways to lower your worker's comp costs is by reducing the number of incidents. Being proactive about safety is a fleet's best defense against worker's comp claims.

Why CSA May Raise Your Insurance Costs

Many insurance underwriters, happy to have a new tool to give them data on customers, are putting too much emphasis on CSA scores when it comes time to writing policies. This could mean higher premiums, higher deductibles, and even a case where some underwriters won't even consider insuring your company.

5 Ways to Succeed or Fail as an Owner-Operator

Sometimes owner-operators are their own worst enemy. They too often do things to undermine their business – like budgeting based on the best of times, not year-long averages. Or they switch carriers to one promising more home time, only to discover they can't make payment with the truck parked in the driveway every night.

5 Things to do Now to Increase Your Company's Value

Whether you want to sell your company in a year, five years, even 10 years and beyond, there are five steps you need to take right now that will maximize your company’s value. Proper preparation will enhance the value of your company, make the transaction flow more smoothly, and avoid pitfalls that often terminate transactions midstream.

Healthcare Reform: Pay or Play

The Affordable Care Act (ACA), which requires individuals to have health insurance, could change the way trucking companies handle their healthcare coverage policies for employees. The Truckload Carriers Association held a webinar on May 23 to discuss its analysis of the ACA and the impact it will have on the trucking industry.

Five Key Facts About Selling A Transportation Company

Today, succession planning is not just about having a plan in place for your eventual retirement, or in case you unexpectedly kick the bucket. You may end up selling your company. Here are five key things to keep in mind.