Episodes
Boosting Your CSA Scores: Navigating DOT Inspections and Safety Ratings | Episode 160
What Do Peaches and the FMCSA Safety Program Have in Common?
What do peaches and the FMCSA Safety program have in common? You’ll have to listen to find out! But here’s a little teaser: understanding the “low hanging fruit” principle might just keep you out of hot water with the FMCSA. In this first episode of our two-part series, we dive into the nitty-gritty of the FMCSA Safety program. It’s tempting to let safety slide when you’re hustling in a tough market, but trust me, ignoring those scores can sink your company faster than a rock in quicksand. Craig and I have some great tips lined up to help you navigate these waters without going under.
What To Expect From Episode 160
BLUF (Bottom Line Up …
How To Avoid Fraud In The Trucking Industry | Episode 159
This is a topic I wish I did not have to cover, but fraud in the trucking industry is going crazy right now and it is affecting all of us. Being dishonest is very short sided and will catch up with you in the long run. There is no place for dishonesty in the business world. In my opinion, fraud is one of the worst forms of dishonesty.
What To Expect From Episode 159
Why is fraud so rampant right now? I have my theories that Craig and I discuss, but I think it stems from the tough market we are in. Here are some of the more common types of fraud that we talk about:
Double brokered loads (We spend a lot of time on …
June 2024 Financials | Episode 158
I start off this episode ranting a bit about a couple of challenges I faced recently. One involved being dropped from a load that I think was completely unwarranted. The second situation was because of a strong odor in a trailer that wouldn’t go away, even after a washout.
What To Expect From Episode 158
We are not where we want to be, but if you look at June of last year verse June of this year, we are in a much better spot. All the trucks are running. Here are the numbers:
Total miles ran– 118,237 (The sitting truck was back working for about half the month)
Deadhead miles– 8,806 (7.5%, Creeping up. I have expected this and explain why)
Total revenue– $244, 523.12
All-in rate-per-mile– $2.07 (Drop …
Be The Leader Your Trucking Company Needs | Episode 157
Throughout my military, business ownership and corporate careers I have held many different types of leadership positions. I have lead groups with just a few people to groups with hundreds of people. I am a much better leader today than I was 20 years ago. I hope this episode will give you some things to think about so you have a leg up to becoming a better leader. Keep in mind that a great leader positively impacts an organization in ways that are immeasurable. Great leadership is a multiplier for your organization.
What To Expect From Episode 157
Whether you are a single owner operator or the owner of a fleet of trucks, you are the leader of your trucking company. I want to share …
May 2024 Financials | Episode 156
This month is a really good indicator of what happens when you have a truck sitting for too long. We had a truck sit the entire month and the impact on the bottom line is pretty easy to calculate. Craig and I spend a few minutes of this episode showing the impact that a sitting truck has on your net income. It’s a pretty interesting case study. Be sure to listen in.
What To Expect From Episode 156
We took a step back this month. Largely because of the truck without a driver. Here are the numbers:
Total miles ran– 109,840 (Lowest since September of last year)
Deadhead miles– 7,578 (6.9%)
Total revenue– $239,743.84
All-in rate-per-mile– $2.18 (Moving in the right direction, three months in a row of improvement)
2024 Insurance Renewal | Episode 155
We just completed our 2024 insurance renewal last month, so I thought this world be a good time to revisit the subject of insurance. It’s been several years since we have taken a serious swing at the topic and high time we do it again. Especially since insurance is in the top 5 expenses for most trucking companies and a little savings on your insurance bill can go a long way towards improving your bottom line.
What To Expect From Episode 155
Buying truck insurance is a pretty complicated and sophisticated purchase. The better you understand it, the better product and service you will receive and the better price you will pay. Understanding the players in the truck insurance world is step one in building …
April 2024 Financials | Episode 154
We keep moving in the right direction, April 2024 Financials were better than March. If you remember I mentioned I would be happy if we can keep doubling our net income for 4-5 months. April is the third (3rd) month in a row we have been able to do that. We start off the episode talking about the importance of being agile. If you aren’t agile in this kind of a market, you are going to be hurting.
What To Expect From Episode 154
The freight market has seen quite a bit of changes recently. Utah has fewer loads than usual due to their slow season, which has required us to adjust. Being able to adapt quickly is crucial for any business owner, especially now.
Even though …
Independent Owner Operator vs Leased Owner Operator | Episode 153
Independent Owner Operator verses Leased Owner Operator is a bit of a controversial topic because you get strong opinions on both sides of the argument. I think that is because being an Independent Owner Operator is the right thing for some people, while leasing on to another company can be the right thing for someone else.
In this Episode of Haulin Assets the Podcast, I want to talk about the pros and cons of both, along with the things you need to keep in mind and watch out for to help you make the decision for yourself.
What To Expect From Episode 153
Let’s define each.
Independent Owner Operator, just like the name implies, you are truly independent. You have your own DOT number, you …
March 2024 Financials | Episode 152
Although we saw a slight improvement, the March 2024 financials turned out to be more like February than I would have liked. Considering the extra payroll, it really could have been worse. Hopefully we continue to see improvement as the year goes on.
What To Expect From Episode 152
Our trucks ran harder in March than they ever have, setting a new record for the most miles ran in a month. The high miles, however, weren’t enough to give us a meaningful profit. Here is how things looked:
Total miles ran– 130,151 (New Record)
Deadhead miles– 7,615 (5.9%, about the same as last month)
Total revenue– $261,567.02 (Better than last month, but not as good as January)
All-in rate-per-mile– $2.01 (I would have liked to have seen a little …
Eating Marshmallows and Trucking | Episode 151
Who didn’t like marshmallows when they were a kid and how do they relate to trucking? We’ll try to answer that. But before we do, I want to rant a bit.
Our Partner:
