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Ask Gary: Paying quarterly taxes vs. paying off my truck - Vimarsana News

Ask Gary: Paying quarterly taxes vs. paying off my truck

Jan 27, 2021 Ask Gary is a series detailing owner-operator business challenges and how operators can navigate toward success. Gary Buchs, a former Owner-Operator of the Year, spent 17 years as an independent contractor at Landstar before retiring in 2019. He now coaches owner-operators and also hosts the Truck Business Forum group on Facebook. Buchs can be reached at truck.biz.coach@gmail.com. The situation: A younger owner-operator has been trying to better manage his cash flow and to dig his way out of high-interest credit card debt. He was having trouble prioritizing his bills after paying...

As a spot rates sag might loom, truckers would be wise to seek alternatives - Vimarsana News

As a spot rates sag might loom, truckers would be wise to seek alternatives

January 26, 2021 More trucks competing with fewer spot market loads in the near term will put downward pressure on rates. That could continue through the year as shifting consumer habits and natural market cycles contribute to a bearish environment for spot rates. The spot market roared back to life in the months after pandemic-caused shutdowns sapped freight demand last spring, with per-mile spot rates in all three major truckload segments (flatbed, dry van and reefer) jumping every month from June to November, according to Truckstop.com's monthly averages. Dry van and flatbed rates continu...

How to compete against cut-rate trucking carriers - Vimarsana News

How to compete against cut-rate trucking carriers

Sponsored By Former Landstar-leased owner-operator Gary Buchs recalled making a final delivery to a long-time customer and telling his contact that he was retiring. After offering congratulations, the contact retrieved from a Rolodex a business card Buchs had left when he made his first delivery some years prior, noting that Buchs had been called three or four times simply because he had left his card and made a good impression. Owner-operator coaches Kevin Rutherford, left, and Gary Buchs answered questions about best practices in Overdrive‘s Partners in Business webinar. “That’s how ...

Gary Buchs | Overdrive - Vimarsana News

Gary Buchs | Overdrive

Don’t Miss Out Join 135,000 owner-operators who get helpful insights and important news delivered straight to their inbox with the Overdrive newsletter. Email Sign Up Gary Buchs Gary Buchs lives with his wife, Marcia, in Colfax, Ill. Formerly leased to Landstar, the longtime owner-operator retired active hauling in October of 2019 after a decade and a half and more working with multiple freight agents and dispatching himself on dry van runs in the region around his home base. Today, he offers private owner-operator business coaching services, sharing the wealth of knowledge he picked up ove...

2020 through the rearview: Highlights from the trucking sphere - Vimarsana News

2020 through the rearview: Highlights from the trucking sphere

Dec 30, 2020 2020 was nothing if not a wild and often confusing ride for most. From the early fears and uncertainty lingering for months after the COVID-19 pandemic first reached U.S. shores in February to the long-lasting impacts on freight and rates and, obviously, the human toll the virus has taken in terms of illness, death and loss — it’s been a trying year for many owner-operators and small fleets.  Below is a collection of the year’s top stories, podcasts, videos and essays published on Overdrive. If you feel like taking a walk back through the year that was — hours of servic...