BUSINESS
22 |
Overdrive
| January 2017
RATES DOWN, BUT HOLDING
Sagging freight, cheap fuel and a mostly stagnant
economy continue to depress rates in all three major
truckload segments. Since an 18-month tumble from
early 2015, rates have been mostly flat since mid-2016.
These rates from Truckstop.com are verified averages
paid to owner-operators by brokers and shippers.
$2.60
$2.55
$2.50
$2.45
$2.40
$2.35
$2.30
$2.25
$2.20
$2.15
$2.10
$2.05
$2.00
$1.95
$1.90
$1.85
$1.80
Dec. - 2014 Nov. - 2015 Nov - 2016
Flatbed
Reefer
Dry Van
PARTNERS IN BUSINESS TIP: USING P&L STATEMENT
Your records should be converted into a
monthly profi t-and-loss statement that
shows how many miles you drove and
your revenue, costs and net earnings.
Comparing P&L statements allows you
to see if you are improving. If you cannot
produce this statement, work with a fi nan-
cial services provider who can.
Want more
Partners
in Business
tips and
information
on how to run your
small trucking business
more profitably? Visit
OverdriveOnline.com/
pib-podcasts to find
20-minute podcasts on
topics such as managing
time, budgeting money and
controlling fuel costs.
The Partners in Business program is sponsored by
Goodyear, Ryder and Truckstop.com. It's produced
byOverdrive
and the consultants at ATBS, the
nation's largest owner-operator business services
firm. To purchase a PIB manual, visit
eTruckerStore.com. The next free sem-
inars will be Aug. 25-26 at the Great
American Trucking Show in Dallas.
