Business Management

Running a business can be complicated, with many moving parts. For this week's featured article, check out some helpful tips to get "Back To Basics With Owner-Operator Business Planning"

With the current inflation and prices sky high, It is more important than ever to be aware of your costs and spending. Everyone needs insurance, and this week's featured article has helpful tips and ideas to rein in your insurance costs. Read about what you can do to keep your premiums low.

Supportive managers, shared strategies, and social interaction: Learn how to recruit and retain younger drivers for your fleet, in this weeks featured article!

Sometimes things happen, and deals go bad. Sometimes businesses have to declare bankruptcy, other times a company maybe was never planning on paying in the first place. If you ever find yourself in a situation where you are owed money for your services, know what you can do to make sure you are protected and don't end up paying for someone elses mistake or negligence. Read more in this week's featured article, and keep the law on your side!

The rising cost of fuel has been a big issue on the minds of most Americans lately. There are ways to save money though, and a fuel program like the one offered with NVTA membership can be a valuable asset to your business. Learn more about the ways a fuel program can save you money

This week, an agreement was reached between the Teamsters union and unionized car hauling companies. The deal includes wage increases, improvements to health care benefits, additional time off, and more. Drivers and maintenance workers were prepared to go on a nationwide strike if a deal was not reached by Wednesday, June 1. Since a deal was reached Tuesday night, the strike was averted. Car haulers are "among the most skilled of over-the-road truck drivers," and are well-deserving of these new benefits.

Read more about the deal.

This Memorial Day, we're thinking of all the veterans who have made the ultimate sacrifice. If you're looking for a way to give back to veterans, consider recruiting them to join your fleet. There are many benefits to hiring veterans, including "a much lower turnover rate than non-military veteran drivers, fewer safety violations and a bevy of 'soft skills' that are mostly unique to military veterans," according to Dave Harrison, Executive Director of Work Force for Fastport.

Here's what you need to know about how, and why, to recruit veteran drivers.

“Every fleet has a safety culture,” according to Chris Woody, director of safety for M&W Logistics Group. “The question is: Is it a good safety culture or a bad safety culture?"

Safety culture is how you expect yourself and your drivers to behave when it comes to safety. A poor safety culture can result in disastrous outcomes like nuclear verdicts and high insurance rates. But a good safety culture, on the other hand, protects you legally in the case of a crash and helps keep quality drivers.

Here's a step-by-step guide to building a good safety culture. And, advice for if there is driver backlash.

The upcoming months look promising for car haulers who are in the business of used cars. April is expected to be the strongest part of the year for used car sales, with normal price depreciation patterns returning later this year, according to Cox Automotive chief economist Jonathan Smoke. Learn what to expect in the coming months.

Before jumping in headfirst to grow your fleet beyond one truck, there are a few factors you should consider. Preparing for things like insurance changes, hiring drivers, and extra costs will help you avoid running into costly surprises in the long run. Read about one carrier's experience.