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Dollars & Sense

Risky Business: 4 Insurance Mistakes Owner-Operators Should Avoid

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 investment--and risk--especially if you're new to the expedited trucking business. So, how can you prepare to buy a new truck in way that reduces your risk and puts your business in the best position to succeed? Use this four-point checklist as a guide. #1. Low Expenses When veteran expediters Linda and Bob Caffee bought their f...
  • 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 sever...
  • 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 ...
  • 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 famil...
  • 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 challenge...
  • 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" yo...