According to OOIDA, 25% of new trucking businesses fail in their first year, 35% in their second year, and 60% in their fifth year. There are a ton things to think about as a new owner-operator, from finding and booking loads to finances and paperwork, all while driving! Here is a growing list of articles to set you up for success:
Here are the essental load documents that brokers and factoring companies require from carriers to issue payment.
Carriers who submit RateCons quickly get paid quickly. Here are three ways TrueNorth supports carriers for faster payments.
These nine steps will guide you through the process and set you up for success as your own carrier.
Find out why CSA scores matter, and why everyone - whether owner, driver or dispatcher - plays a central role.
Not all carriers are the same. Owner-operators choosing a carrier to lease on with must do their due diligence. Reputation, flexibility, services, loads, and whether they with company drivers are a few of the things to look out for.
Use our free, mobile-friendly CPM calculator when you’re on the road. This article also walks you through the framework on how to calculate cost-per-mile on your own.
Leasing vs your own authority: which one’s right for you will depend on your personality, your business skills, and personal preferences. Here's a look at the pros and cons of each.
Form 2290, or the Heavy Vehicle Use Tax (HVUT) Return, for the tax period July 1, 2022 - June 30, 2023 is due on August 31, 2022. It is used to determine and pay taxes for vehicles with taxable gross weight of 55,000 pounds or more. Learn what is Form 2290, how the taxes are calculated, and the quickest ways to file.
Carriers are usually required to submit a W-9 to brokers and shippers they work with. Here's how to fill out your W-9 correctly, including line-by-line guidance and common confusions.