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Dollars & Sense

  • Checklist for Lease-Purchase Featured Story
    A 6-Point Checklist for Evaluating Lease-Purchase Programs
    By Sean M. Lyden - Staff Writer
    Posted Feb 19th 2018 11:55AM
    If you’re new to expediting and want to become an owner-operator, but you’ve been affected by past credit challenges, what are your options? You could wait to purchase a truck and drive for a fleet owner for a year or two. This would enable you to build up your driving experience—and credibility with commercial truck lenders—while also giving you the opportunity to evaluate whether you could succeed in this business before you take on th...
  • Preparing your Finances
    Preparing Your Finances to Buy a New Truck
    By Sean M. Lyden - Staff Writer
    Posted May 23rd 2017 12:27PM
    A new expedite straight truck can cost anywhere from $170,000 to over $200,000, depending on the "bells and whistles" you put on it. That's a big inve...
  • When is a good time to implement a rate increase?
    By Stuart Sutton, Full Circle TMS - Contributing Writer
    Posted May 8th 2017 4:41PM
    Last month my subject was "Growing your business by firing customers." It generated a lot of very good feedback (thanks to everyone who responded). My...
  • What Expedite Owner-Operators Should Know About Their Compensation Plan
    By Sean M. Lyden - Staff Writer
    Posted Apr 3rd 2017 9:00AM
    The compensation plan you agree to with your carrier sets the "rules of the road" for how you will make money with your truck. But it also impacts how...
  • Profit First
    How Expediters Can Put ‘Profit First’ to Secure Their Financial Future
    By Sean M. Lyden - Staff Writer
    Posted Jan 9th 2017 9:00AM
    You're working long hours, running a lot of miles, and generating a lot of revenue. But it never fails. No matter how much money you take in, you feel...
  • Straight Talk on Buying a Truck
    By Sean M. Lyden - Staff Writer
    Posted Sep 6th 2016 12:03PM
    As an expedite owner-operator, your income is generated by your truck. But when you consider that a new truck can cost anywhere from $150,000 to over ...
  • Five Audiobooks to Help You Become a More Profitable Expediter
    By Sean M. Lyden - Staff Writer
    Posted Aug 16th 2016 9:37AM
    As an expedite owner-operator, you spend long hours behind the wheel delivering loads. But you're also a business owner who needs to run a venture as ...
  • Explore the Income Potential in Expedited Trucking at Expedite Expo 2016
    By Sean M. Lyden - Staff Writer
    Posted May 30th 2016 9:00AM
    If you're evaluating new business opportunities, you might be considering a franchise or launching your own venture from scratch. But what if you coul...
  • Risks and Rewards of getting your own motor carrier authority
    The Risks and Rewards of Getting Your Own Motor Carrier Authority
    By Sean M. Lyden - Staff Writer
    Posted Apr 25th 2016 9:00AM
    When you operate under your own motor carrier authority, you get to call your own shots and keep more of your income by negotiating rates directly wit...
  • 2016 Forecast
    Industry Experts Peer into their Crystal Ball
    By Sean M. Lyden - Staff Writer
    Posted Feb 9th 2016 11:34AM
    What does the expediting trucking landscape look like for 2016? What trends should we expect? EO recently spoke with industry veterans John Elliott, c...
  • Startup Costs Explained
    The Expediter's Startup Costs Explained
    By Sean M. Lyden - Staff Writer
    Posted Jan 26th 2016 11:52AM
    You want to become an expedite owner-operator to launch a new career, see the country, and take charge of your financial future. But if you overlook i...