OTR and local haul
Guides for over-the-road and local-haul operators, from tractor and trailer financing to the coverage and cost questions that come with miles on the road.
- ComparisonInsurance · Occupational accident
Do owner-operators need occupational accident insurance or workers' compensation?
Occupational accident is a private policy for injured owner-operators. Workers' comp is a state system. How they differ and who decides.
Updated
- ComparisonInsurance · Bobtail and non-trucking liability
What is the difference between bobtail and non-trucking liability insurance?
Bobtail and non-trucking liability are different coverages for an owner-operator's tractor. What each usually answers, and what your lease must say.
Updated
- GuideAuthority and operations · Running the operation
How do I work out my cost per mile?
Add your fixed and per-mile costs, divide by every mile you drive, and you have your break-even rate. A worked example, labeled, and what it leaves out.
Updated
- GuideFinancing · Factoring
How does freight factoring work for a trucking company?
Advances, reserves, recourse, notice of assignment and fees: how freight factoring works, what to read in the contract, and a labeled cost example.
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- GuideFinancing · SBA loans
Can a trucking company get an SBA loan?
How SBA 7(a), 504 and microloans work for trucking companies, what each can fund, size limits for trucking codes, and why it takes longer.
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- GuideFinancing · Equipment financing
How does truck and equipment financing work?
How truck and trailer financing works: what it pays for, how the lien works, loan versus lease versus TRAC, how to compare offers, and tax basics.
Updated