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Dollars & Sense

  • Good Credit Featured Story
    How to Strengthen Your Credit to Buy Your First Truck
    By Sean M. Lyden - Staff Writer
    Posted Aug 13th 2018 11:03AM
    Your credit score not only impacts whether or not you get approved for financing to buy your first truck but also several other factors tied to the cost of vehicle ownership, including the required down payment, interest rate (and, thus, monthly payment), and insurance costs. In other words, even if you could qualify to buy truck with a below average credit score, it could still cost you hundreds of dollars (or more) per month, making it much mo...
  • Emergency Plan
    What’s Your Emergency Plan?
    By Sean M. Lyden - Staff Writer
    Posted May 7th 2018 10:14AM
    A family member passes away unexpectedly. Your partner gets sick or injured. Your truck breaks down. When there’s an emergency, what’s your next ...
  • Cash Reserves
    How to Build Your Cash Reserves to Succeed for the Long Haul
    By Sean M. Lyden - Staff Writer
    Posted Apr 30th 2018 4:36PM
    As an expedite owner-operator, you want the freedom to be your own boss, earn a good living, and provide for your family. But with that freedom comes...
  • Checklist for Lease-Purchase
    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 ...
  • 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...