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Overdrive Radio
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The Overdrive Radio podcast is produced by Overdrive magazine, the Voice of the American Trucker for 60-plus years. Host Todd Dills -- with a supporting cast among Overdrive editors, contributors and others -- presents owner-operator business leading lights, interviews with extraordinary independent truckers and small fleet owners, and plenty in the way of trucking business and regulatory news and views. Access an archive of all episodes of Overdrive Radio going back more than a decade via this link: http://overdriveonline.com/overdrive-radio
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'Keep digging' with Dice Mayhem's Trucking, growing dump roots to long-term small fleet success
Apr 14, 202500:31:05Tap to summarizeThis week's edition of Overdrive Radio is another in our series highlighting contenders for 2025 Trucker of the Year, with Overdrive Senior Editor Matt Cole’s talk with Virginia-headquartered two-truck straight dump owner-operator business Dice Mayhem’s Trucking, headed up by owner-operator Hunter Hubbard and her husband, Tim. Hunter’s just about six years into truck ownership herself, her husband a good bit longer, yet clearly she’s harnessed a quality that current reigning Trucker of the Year Alan Kitzhaber sees in all successful people when it comes to business. As he put earlier this year in his “Plan for better business,” authored for our Overdrive Extra blog, “99.9% of success is desire.” That is, those who have a clear case of the want-tos, ultimately, probably will do whatever it is they set out to accomplish: https://www.overdriveonline.com/15712314 Cue Hunter Hubbard’s own advice for any aspiring truck owner when it comes to success in business for themselves. "If you have your mind set to do it, go for it. Nothing's stopping you but yourself, and the worst thing you can do is fail. But at the end of the day, nobody wants to fail. You're going to figure it out one way or another." Some days will be awful, but "you'll sit back a month down the road, two months down the road, and be like, 'that was rough, but hey we're still here.' You just gotta keep digging on it." As she well acknowledges, challenges will present themselves day-in, day-out, but those who keep digging will get through to the other side. Clearly, Hubbard herself has been one of those sorts these last years in business. "I might be a little stubborn sometimes," she said. She and Tim have built a steady base of customers for their two-truck straight dump business in and around their Virginia home base, weathering an array of their own customer challenges in recent years when a buyout of one of their main customers and integration of the two business left their own trucking company in an uncertain position for hauling work, given the company's small size. Last year, she pivoted to a certain extent, with purchase of an older Peterbilt tractor, utilizing mechanical prowess with a new shop, too, to get it in working order and standing up a new, one-truck business for livestock hauling regionally: Dice Logistics. Yet dump work remains the Hubbards’ bread and butter, and the seasonality of both businesses continues to inspire the occasional second-guessing of their commitment to niche specialization. They could be hauling food, which always has to run, Hubbard notes, telling her story to Cole in this episode. They could be, that is, but "I didn't really choose that route. Everything's seasonal, everything depends on the weather," she said. "You just wait it out." They’re doing more than just waiting, that’s sure. As also mentioned in the podcast: **Matt Cole's two-part feature on ways to save on insurance at renewal: https://www.overdriveonline.com/15740305 **Learn how you can put your own or another owner-operator business in the running for the 2025 Trucker of the Year honor, with a chance to win a new seat from sponsor Bostrom Seating and Commercial Vehicle Group: https://overdriveonline.com/toptrucker
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Encouraging freight signs -- for now -- in ATBS annual owner-operator income update
Apr 7, 202501:14:27Tap to summarizeIn 2024, finally, as regular Overdrive readers will know, owner-operator income was up on a year-over-year basis. ATBS Vice President Mike Hosted makes that abundantly clear in this week's edition of Overdrive Radio, featuring the business services firm's March 25 update offering an economic outlook for the year ahead as well as lessons within the benchmarking data ATBS dervies from its tens of thousands of owner-operator clients' performance. If you missed our report from the session as MATS got under way, find it via this link: https://overdriveonline.com/15741374 The small boost in average income is certainly a first in what’s been an exceedingly tough three and more years now as freight demand’s declined, revenues and income falling for many owner-operators as costs just rose through much of the period. The 2024 income gain also comes despite even further rates and revenue declines last year, a sure sign that successful owners are tightening the operation, increasing fuel efficiency to reduce costs as much as possible. Today in the podcast, we essentially let the tape roll on Hosted’s presentation. You can follow along by downloading Mike Hosted’s slides via this link, or watch the Youtube version up top or on Overdrive's Youtube channel to listen along with the presentation of the slides. Download all the slides from Hosted's presentation via this link: https://www.overdriveonline.com/15741380 Yet another bit of positivity to emerge from the ATBS session had to do with the spot market, particularly for flatbed freight, in year 2025 so far. The moves up and down in the spot indices Hosted sees as particularly valuable as near-term indicators of demand in the market. Though the positivity there is tempered by a big degree of uncertainty made even bigger by the President’s tariff announcements this past week, if the surge in flatbed freight and demand seen so far this year doesn’t just prove to be a result of a kind of importers’ pre-buy to beat a variety of tariffs on goods coming across U.S. borders, we could be headed in a longer-term positive direction. Recent trucking market performance recalls Gary Buchs’ advice around freight, around customer identification and the time to strike, likewise when some measure of a kickstart might truly arise. It came back in late September 2024, before elections’ outcomes were known, and following the fed’s moves to begin to ease off the cost of borrowing with interest rate cuts. Buchs advised to set a calendar reminder for 4-6 months out from the time of the fed's cuts. “Odds are,” he said, “that is about the time business will change, as it takes time for companies to have confidence" to place orders, others to respond to those orders with their own confidence, "and the cards begin to fall and make things move....” Here we are, four-to-six months on. Looking at the stock market since the Trump tariff announcement last week we can’t say business confidence is 100% the rule. Yet flatbed freight’s been moving up, as noted, and a couple weeks back dry and reefer rates and volumes finally joined in. Maybe Buchs was right on the timing. And maybe in the freight economy, things are in fact changing for the better. ATBS is coproducer with Overdrive of the comprehensive Partners in Business playbook for owner-operator careers, start to finish, now in a new online content library format. Browse the new playbook: https://overdriveonline.com/pib
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Freight markets and fraud, insurance, towing: Small-biz challenges dominate trucking-issues panel
Mar 31, 202500:49:14Tap to summarizeBack from the Mid-America Trucking Show in Louisville, Kentucky, this Overdrive Radio edition kicks off continuing coverage as all of us here at Overdrive spent the show fanning out across convention center grounds to cover just as much as possible. The fruits of that labor you’ve seen just a small sampling of to date, the lot of it collected with the MATS tag at OverdriveOnline.com: https://www.overdriveonline.com/t/4372607 Today we drop back to the very beginning of the show for an 8 a.m. Thursday, March 27, panel discussion that set the issues stage for the remainder of the event. It was moderated by Brent Hutto, longtime Chief Relationship Officer at Truckstop and now a senior advisor for the load board as he’s joined the staff of the Truck Parking Club company. You’ll hear a variety of voices in the panel discussion, touching on freight market dynamics, small business struggles and ways to overcome, predatory towing, parking, fraud in the brokered-freight marketplace, cargo and payment theft and so much more. Panelists included: **Jason Cowan, leader of 45-truck Silver Creek Transportation, as Overdrive’s Small Fleet Champ in 2021, since which plans for growth have come to fruition. **Hell Bent Xpress owner Jamie Hagen, whose all-Mack fleet operates out of a South Dakota headquarters and which was one of two finalists in the 3-10-truck division of the Small Fleet Championship last year. **Jessica Dotson, co-owner-operator of Dotson Transportation with her husband **Tyler Johnston, Mercer Transportation's director of operations **Lewie Pugh, Owner-Operator Independent Driver's Association executive vice president As mentioned in the podcast: **Overdrive's recent insurance renewal-related feature: https://overdriveonline.com/15740305 **Post-crash litigation series: https://overdriveonline.com/15287415 **Tow companies dominate DOT listening session: https://overdriveonline.com/15678174 **Overdrive's revamped Partners in Business start-to-finish playbook for owner-operator careers: https://overdriveonline.com/pib
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