Tag Archives: owner operators

Kevin Rutherford’s Business Advice for Owner-Operators

Kevin Rutherford, radio host of Trucking Business & Beyond on SiriusXM / Road Dog Trucking, explains to independent owner-operators the importance of investing in new equipment.

Your truck is a tool.  A tool that is instrumental for you to run your business and you can’t run a successful business with an inefficient tool. As an owner-operator, investing in a new truck is something that you may have to do a few times in your career in order to stay competitive with large fleets. Large fleets tend to get rid of trucks once they reach 400,000-600,000 miles. Although you may be able to stretch the life span of your truck longer than that if it’s well manufactured and well maintained, you’ll eventually get to a point where you start pouring more money into your truck than what it’s worth.

Costs of an Older Truck vs. Costs of a Newer Truck

There are four major costs that you need to keep in mind as you’re looking at newer trucks – truck payment, truck insurance, fuel and maintenance costs. It’s simple to compare the new payment and insurance costs to what you’re currently paying but fuel and maintenance costs can be a little difficult to calculate. Look for the most reliable sources, do your research and make your best guess. Understand that this isn’t always going to be an absolute numbers game.

Now, think about these costs on a per-mile basis, then compare it to the costs for your current truck. For example, what is your truck payment per mile with your current truck? What would your truck payment per mile be on a newer truck? If you discover that the new costs are similar to the current costs, it doesn’t make sense not to buy a newer truck.

In fact, you may find that purchasing a new truck would be cheaper than maintaining your current truck especially when it comes to fuel costs. Let’s say you have an older truck getting six or seven miles per gallon and see that a newer truck would get you eight or nine miles per gallon. On average, that one or two mile difference could save you $15,000 per year.

Throughout your research, maybe you’ll discover that a new truck is going to financially cost you more but will save you time. Service intervals are longer on new trucks therefore you would spend less time in the shop. Less time in the shop means more time on the road and more money in your pocket.

Purchasing a newer truck is a long-term investment so you need to look long-term before you make a decision. Maybe your purchase won’t save cash today but it could two years from now. The costs of maintaining an older truck will eventually get more expensive and ultimately, you’ll need to invest in a newer truck.

Trucks Made In 2012 and After

It’s hard to forget the years 2004-2011, otherwise known as “the decade of don’t own those engines.” Trucks that were manufactured during this time period were expensive to maintain, had a lot of emission related problems and constantly had to be serviced. Luckily truck manufacturers learned from the mistakes of previous years and implemented newer emission standards in trucks made in 2012 and after. Owning a truck that has these newer emission standards will even get you into California, which could open up a brand new market for you.

The dreaded decade may make you hesitant to purchase a newer truck but trucks have improved a lot since then and continue to do so each year. Pay attention, look around, talk to other owner-operators and you’ll see that purchasing a truck manufactured in 2012 and after is a good investment.

Upgraded Comfort and Safety Features

Thanks to better manufacturing processes and advancements in technology, newer trucks have safety and comfort features that your older truck probably doesn’t have. Some of the safety features common in newer trucks are lane departure warnings, front looking radars, automatic braking and adaptive cruise control. Having a truck with these features will help you remain competitive with other fleets.

Newer trucks are known for being better designed to support the modern truck driver’s lifestyle. The cab and sleepers are comfier and there’s better electrical outputs to sustain your kitchen appliances, laptops and cell phone chargers. While you’re driving, you can expect better aerodynamics, a smoother ride and a reduction in noise.

Investing In Your Business

We are in the autonomous trucking revolution therefore staying up to speed with other carriers and fleets will be crucial to the future of your business. Old trucks will be phased out before you know it and you’ll eventually have to spend the money on a newer truck. Outdated equipment isn’t going to cut it. If you think it’s time to start shopping around for a new truck, remember to look for one that has overall good value, will help you minimize future costs, is equipped with up-to-date safety features, and will be a smart investment for your business.

Kevin Rutherford is a business trainer, author of national articles on trucking and finance, small fleet owner, tax preparer, and radio host of Trucking Business & Beyond on SiriusXM / Road Dog Trucking. He started his career as an owner-operator 30 years ago, running a one-truck operation. He has authored several books on how to be successful as an owner-operator and has given seminars to thousands of owner-operators, drivers, and fleet executives in the U.S. and Canada. He also has prepared thousands of federal and state tax returns for owner-operators and company drivers. Visit www.letstruck.com for more information on Rutherford’s business and tune into his show, Trucking Business & Beyond, on SiriusXM Channel 146 every weekday from 11 a.m. – 2 p.m. ET.

September 2018 Star of Quality Recipients

Each month deserving business capacity owners (BCOs), operators and agents earn Landstar’s Star of Quality Award. The award, for members of the Landstar family who go above and beyond the call of duty, recognizes those extra efforts and dedication to service.

The outstanding efforts by these professional men and women throughout September earned them a Landstar Star of Quality Award. Our thanks and praise to the following Landstar owner-operators and agents who represent the best in the freight transportation industry.

Gold:

Marlaina Gayle Betnaza, Dustin Jones*, Gregory M. Kinch, Derrick Wayne Preston, Zenoviu “Tavi” O. Sirbu, Clyde Thompson

*Going Beyond the Gold – recipients have received multiple Gold Star awards.

Silver:

Todd E. Day, Brian E. Jordan, Kendall Scott Rosenberg, Zenoviu “Tavi” O. Sirbu, Heather E. Wogomon, Kenneth R. Wogomon

Bronze:

Phillip Wayne Cain, Randy Allen Cecil, Michael R. Cole, Jose Cruz, Thomas Davis, Keith Dodge, Kim Lloyd Dye, Randy G. Garr, Jason A. Hansen, Herbert Lee Hill, Jeffrey Johns, Joseph S. Knauff, Joseph Lotuk Longoli, Barry N. McLarty, Jose O. Mejicano, Robert L. Pinkston, John D. Rhodes Christopher Dewayne Scott, Jorge Ricardo Valdez, Gary Wire, Michael Wommack, Raul Edenilson Zelaya

If you would like to nominate a Landstar agent or owner-operator for a Star of Quality Award, email: StarQ@Landstar.com

 

 

#ThankYouBCOs

National Truck Driver Appreciation Week 

Each year during National Truck Driver Appreciation Week (NTDAW), industry professionals across America take time to honor the country’s 3.5 million professional truck drivers. To thank these professional men and women for their service and commitment, this year’s NTDAW celebration is set for September 9-15.

During NTDAW, Landstar shows business capacity owners (BCOs) – Landstar’s term for independent contractor truck owner-operators with exclusive lease agreements – some extra gratitude by providing free lunches throughout the week and, this year, our BCO Appreciation Days event in Rockford, Illinois.

Landstar BCOs are invited to any of Landstar’s orientation centers for free lunches and a chance to win Landstar prizes Monday, Sept. 10 through Friday, Sept. 14. Lunch will be served at 12 p.m. local time at each of these Landstar orientation centers:

  • Fort Worth, Texas
  • Jefferson, Georgia
  • Indianapolis, Indiana
  • Reedsville, Pennsylvania
  • Sparks, Nevada
  • Rockford, Illinois

Landstar’s NTDAW celebration also includes the final BCO Appreciation Days event and truck giveaway of the year. Join us in Rockford, Illinois, Sept. 12-13. The Landstar Deliver to Win Truck Giveaway powered by Comdata will be held during the event on Sept. 12.

#ThankYouBCOs

We’ll also be celebrating BCOs on social media throughout the week, as well as posting opportunities to win Landstar prizes. Be sure to follow the Landstar Owner-Operator (BCO) Facebook page,
and @LandstarSystem on Twitter.
Participate in Landstar’s NTDAW social media conversation by following and using Landstar’s #ThankYouBCOs hashtag in your own posts.

May Star of Quality Awards

When members of the Landstar family go above and beyond the call of duty, their extra efforts are recognized with Landstar’s Star of Quality Award. Deserving business capacity owners (BCOs) and agents receive bronze, silver, gold or platinum lapel pins recognizing their dedication to the best in transportation services.

Our thanks to the following Landstar owner-operators and agents who represent the best in the freight transportation industry.

Star of Quality Award Winners of May 2018:

Platinum:

Shanon Chardlee Stark

A platinum star is awarded in exceptional circumstances such as those faced with a life or death situation.

Gold:

Bill Ater Jr.*, Allan Biedowicz, Jonathan E. Damm*, Daniel Gensch* Linda Kennedy, Murray Kennedy, Lloyd Edward Lampman*, Samuel P. McVea*, Thomas Moody*, Leslie Osborn*, Jeanette Simpson*, Sandy Lee Smith, Robyn Eve Taylor*, William Asher Taylor*, Dennis Wimberley

*Going Beyond the Gold – recipients have received multiple Gold Star awards.

Silver:

Carlos Alvarez, Kenneth E. Armes, David Arnold, Maurice Jerrell Jones, Antonio C. Mercado, John A. O’Brien, Ricky Lamar Patterson II, David Milton Pearce, Michael Sage, Jeannetta Louise Warner, Gary White, Glen R. White, Dallas D. Wood, Pamela Kay Wood

Bronze:

J.William Anderson, James Brian Andrews, Keith J. Belt, Desmond Rodrequis Bennett, Emilio M. Coe, Leroy I. Elzy, Tamra E. Fredendall, Edith Giacomo, Kody Giacomo, Gary Lynn Hoyer, Robert Andrew Kampras, Brad Everette Keller, Donald W. Knuth, Michael Joseph Kruzel, Debra Anne LaBree, James R. Lawson, Andrew Paul Martin, Darci Jane Martin, Sammy Alan McMurtury, Osvaldo Medina, Raul Medina Jr., Donald Mezzapella, Anthony A. Payne, Teddy Kollek Pounds, Donnie K. Raby, Mark William Rosian, David Adam Smith, Michael A. Stewart, Rodney Stewart, Anthony Allen Taggart, Billy Earl Tannehill, Gavin Edward Tookey, Tammy Darnell Tookey, Jeffrey W. Zerblis.

If you would like to nominate a Landstar BCO or agent to receive a Star of Quality Award, send an email to StarQ@Landstar.com

January Star of Quality Awards

When members of the Landstar family go above and beyond the call of duty, their extra efforts are recognized with Landstar’s Star of Quality Award. Deserving business capacity owners (BCOs) and agents receive bronze, silver, gold or platinum lapel pins recognizing their dedication to the best in transportation services.

Our thanks to the following Landstar owner-operators and agents who represent the best in the freight transportation industry.

Star of Quality Award Winners of January 2018:

Gold:

George McGregor, Jason Lloyd Mollett, Gene Douglas Tunney, Kenneth Wiley, Billie Williams, Kaye B. Williams

Silver:

Eugene Vincent Antinori, Paul D. Burrows, Sharon Kay Burros, Jason A. Daniels, Marqueeta Gshame Daniels, David Kent Faulkner, Gary V. Godfrey, Rena B. Godfrey, Edward Gonzalez, Charles J. Herron, David Eddison Lewis Jr., James Leslie McLimore, Andrea E. Perry, Calvin V. Whaley Sr., Larry S. Wheeler, Darlene L. Wright-Recchioni

Bronze:

Cynthia Marie Alexander, Russell Howard Alexander II, Bakthakumar Bagavatsingham, Jeffrey Harold Brantley, Stephen J. Campbell, Richard Gary Farmer, Francis Johanny Giusti, Lewis Felipe Giusti, James Lee Gorby, Lenwood Phillip Hampton, Joy Misley-Hinshaw, Ricardo Keith Kelly, Eddy L. Maddox, Muniram Deandre Mahadeo, Ewa Masajada, Paul K. McElfresh, William Mesidor, Maria R. Morgan, Stephen S. Morgan, Franklin R. Prue, Michael D. Slagle, Sam A. Speicher, Willard Harvey Sullins, Puneet Verma Jr., Gertrudes C. Vervoort, Luis B. Wilmoth IV, Gerald L. Wong, Susan H. Wong

If you would like to nominate a Landstar BCO or agent to receive a Star of Quality Award, send an email to StarQ@Landstar.com

December Star of Quality Awards

When members of the Landstar family go above and beyond the call of duty, their extra efforts are recognized with Landstar’s Star of Quality Award. Deserving business capacity owners (BCOs) and agents receive bronze, silver, gold or platinum lapel pins recognizing their dedication to the best in transportation services.

Our thanks to the following Landstar owner-operators and agents who represent the best in the freight transportation industry.

Star of Quality Award Winners of December 2017:

Gold:

Joshua C. Whitaker

Silver:

David R. Long, Adam R. Miller

Bronze:

Terence Ray Baker, Brandy Lee Bardin, Andrew Barnes, LB Barnes Jr., Samuel James Bayne, Todd Lee Burnett, Jason A. Daniels, Marqueeta Gshame Daniels, Jerry W. Eppinger, David Kent Faulkner, Mark Edward Fullbright, Raul Gomez Jr., Jerrod Mikneal Griffith, Yokvany La O, Loren Michael Lamb, Bryan C. Lester, Donald Ray Lundy, Oscar Martinez Jr., Garrett D. McIntosh, Stacy Laponza Gunn Sr., James Henry Morris Jr., Justin Lee Otten, Willie Alfred Palmer Jr., Bruno Barrios Perez, Zbigniew Joseph Rajca, Charsie Cornell Robertson, Theodis Sanders, Jesus Manuel Santana, Alan Franklin Sheain Jr., Eric Eugene Williams.

If you would like to nominate a Landstar BCO or agent to receive a Star of Quality Award, send an email to StarQ@Landstar.com

 

September Star of Quality Awards

When members of the Landstar family go above and beyond the call of duty, their extra efforts are recognized with Landstar’s Star of Quality Award. Deserving business capacity owners (BCOs) and agents receive bronze, silver, gold or platinum lapel pins recognizing their dedication to the best in transportation services.

Our thanks to the following Landstar owner-operators and agents who represent the best in the freight transportation industry.

Star of Quality Award Winners of September 2017:

Platinum:

Rodney Leon Hall & Craig Helsel

A platinum star is awarded in exceptional circumstances such as those faced with a life or death situation.

Gold:

Alec S. Costerus, Gregory Lee Huggins, Walter Jackson, John Glenn Jones, Laurie Ann Jones, David Allen McManus, Stephen Hugh McFarlane*, James Rowland*

*Going Beyond the Gold – recipients have received multiple Gold Star awards. 

Silver:

Linda M. Caffee, Gary R. Deemer, Gregory Lee Huggins, Peter F. Kohl, James Markey, Raymond Nickels, Kevin Todd Sigle, Thuong Van Truong, Martin Walsh.

Bronze:

Douglas James Arend Sr., Deloris Dianne Arend, Tamie Beaton, Yick Yuen Chui, Dale Lawrence Conklin, Patricia Conklin, Anthony W. Cox, George Raymond DeMarino Jr., Adolfo Bernardo Dolgiej, Gary L. Erdmann, Joey Homsey, Howard Waymond Hudson, Larry Ingham, Yvonne Lander, Valentin Lopez, Gregory Elliot McKnight, Nanette Newton, Scott Newton, Sheila Annette Nickels, Kerrick Jacob Rigmaiden, Anthony Burt Rouse, Ruth Rouse, Milton Marty Schlensig, Candice Settle, Derek Settle, Anthony K. Smith, Terence Raynard Thomas, Hill Tucker, Moises Zubiaur.

If you would like to nominate a Landstar BCO or agent to receive a Star of Quality Award, send an email to StarQ@Landstar.com

Landstar’s First Truck Winner of 2017

Landstar BCO Ralph Hall wins brand new Peterbilt 579

Landstar BCO Ralph Hall wins brand new Peterbilt 579

Landstar announces the winner of its Landstar Deliver to Win Truck Giveaway, the first of two new trucks to be given away in 2017. Landstar business capacity owners (BCO), the company’s term for independent truck owner-operators, are eligible to earn entries to win throughout the year.

Landstar BCO Ralph Hall is driving a brand new Peterbilt 579 after winning the semi-truck in a random drawing held Jan. 26 in Jacksonville, Fla. The truck giveaway was the highlight of Landstar’s annual BCO Appreciation Days, a two-day event held to thank the independent owner-operators leased to Landstar for providing excellence in safety and customer service.

Hall was one of five finalists randomly selected from the 170,000 entries.

“I drove it home and I’m still in disbelief. Nothing like this has ever happened to me,” said Hall. The Tennessee resident was also surprised that his 5-year-old grandson’s prediction came to pass. “Trenton said he saw ‘Papa Ralph’ winning a big red truck,” Hall says, explaining that neither he nor the child knew the color of the giveaway truck, which is Pierce Red, before the event.

Landstar President and CEO Jim Gattoni hosted the Landstar Deliver to Win Truck Giveaway, along with representatives from sponsor Comdata.

“It is an honor to award BCOs like Ralph Hall with a brand new truck that can significantly and positively impact their lives,” said Landstar President and CEO Jim Gattoni. “These truck owner-operators are hardworking small businesspeople who are committed to our safety-first culture and provide excellent customer service each day.”

The second truck giveaway of 2017 will be in July during Landstar BCO All-Star Celebration, an annual event held exclusively to honor Landstar Million Mile Safe Drivers and Landstar Roadstars, the company’s highest honor for BCOs.

BCO Appreciation Days 2017 Truck Giveaway

 

One lucky Landstar business capacity owner 2017-Truck-Giveaway(BCO) will drive home from the 2017 Landstar BCO Appreciation Days in Jacksonville, Florida in a brand new 2017 Peterbilt 579. The pierce candy red Peterbilt 579 features a 455-HP PACCAR MX-13 engine 10 speed Eaton Fuller transmission.

According to Peterbilt, the 2017 version of the 579 was built with maximum driver comfort in mind. Compared to previous years’ models, the cab is wider and provides 8 more inches of room between seats and an additional 2.9 inches in depth. Also, a 45 percent increase in glass, provides owner-operators with best-in-class visibility.

The 2017 model truck was designed with a new dash and sleeper. The 579’s spacious titanium colored interior provides an 80 inch high roof sleeper, a premium pocket spring mattress, and a rear wall storage cabinet. According to Peterbilt, the ergonomic dash was crafted for driver efficiency, increased visibility and improved driver comfort. The truck’s new sound abatement technology minimizes outside noise, giving owner-operators a more peaceful ride.

Equipped with an enhanced fuel efficiency package, the 579 takes fuel savings to new levels. Complete with aerodynamic styling, optimized powertrain, low rolling resistance tires and SmartTire Pressure Monitoring System, the 579 increases owner-operators’ bottom line with a 14 percent improvement in fuel efficiency over previous models, according to Peterbilt.

The Landstar Deliver to Win truck giveaway, powered by Comdata, will be held on the first night of the two-day event in Jacksonville this year, January 26-27. Landstar BCO Appreciation Days are held each year to thank BCOs for their service and dedication to safety.

 

September Star of Quality Awards Announced

3474_goldstar

When members of the Landstar family go above and beyond the call of duty, their extra efforts are recognized with Landstar’s Star of Quality Award. Deserving business capacity owners (BCOs) and agents receive bronze, silver, gold or platinum lapel pins recognizing their dedication to the best in transportation services.

Our thanks to the following Landstar owner operators and agents who are among the most elite in the freight transportation industry.

Star of Quality Award Winners of September 2016

Platinum:

Christopher Lamar Orr

*A platinum star is awarded in exceptional circumstances such as those faced with a life or death situation.

Gold:

Vickie L. Hogue Dodwell*, James Dominguez, Newell Nixon, Ronda Nixon.

*Going beyond the Gold – recipient has received multiple Gold Star Awards.

Silver:

Stanley J. Boss Sr., V. Wayne Crutcher, Dickie G. Penrod, David R. Twigger, Connie L. Twigger.

Bronze:

Anthony J. Battle, Scott C. Beddingfield, Alberto Chavez Chavez, Phung Ky Duong, Charles E. Garrett Jr., James Karl Hopson, Daniel Kepler, Lloyd Edward Lampman, Donald J. Legowsky, Shawn Lemmon, Edwin F. Melvin Jr. Caroline J. Ray, Jason D. Ray, Victoria Lee Sampson, William Keith Sampson, Steven Aulis Santala, James Edward Slinkard Jr., Leona Fay Slinkard, Tim L. Smith, Robert L. Viele Jr., Jack D. Wilder.

If you would like to nominate a Landstar BCO or agent to receive a Star of Quality Award, send an email to StarQ@Landstar.com