Trucking Workers’ Compensation: Controlling Your Ex Mod

Workers’ compensation costs play a role in any trucking business. These costs can prove substantial, and often seem uncontrollable. But this is actually not the case. Workers’ compensation costs are assessed based in large part upon a company’s experience modification factor. This is the multiplier applied to the standard policy rate for your business size, […]

Electronic Logging Device (ELD) Survival Guide

The problem. We all know that the federal government has mandated ELD’s and will eventually stop pushing back the decision.  Many companies that manage truck fleets have held out on adopting ELD’s until absolutely necessary.  When the mandate does hit, companies will be forced to flock to ELD companies or face fines and greater scrutiny […]

Home Office Tax Deductions for Owner Operators

There are two requirements to claim a deduction for an office in your home.  The first requirement is that the area you claim must be used exclusively and regularly for conducting business.  Additionally, you must show that you use this space in your home either as your principle place of business or, if you have […]

Investing in Technology is a Smart Move

Last week I had the opportunity to attend the Minnesota Trucking Association’s annual Safety Conference and was struck by how Con-Way Freight has effectively leveraged technology to vastly improve their safety record and fuel consumption. The three things that stood out the most to me were their use of EOBR’s, collision avoidance systems and truck […]