Katapult

Blog Posts by Tag: "independent contractors"

Ray Gompf

Professional or Tradesman

Calling those involved in the business of driving for a living as a commercial truck driver, “professional drivers” has led to much of the disrespect people have for the trucking industry and it’s in my opinion, the single most detriment to the way trucking companies view them.... Read More

Heather Dunn

Lighting the Way with Simple and Effective Budgeting Systems

Budgeting is one of the most important things any Owner-Operator can do to ensure financial stability. Operating without a budget is like driving your 80,000-pound rig down the highway at night with no lights on. It might be a straight shot to your destination, but what about unforeseen obstacles, speed bumps, and construction zones? It’s the exact same idea when handling your business and personal cash flows. It’s time to get out of the “I’m living paycheck to paycheck” mentality and start planning for the future and the unexpected with a financial road map—your budget.... Read More

Ray Gompf

The Carrier/Small Business Owner Operator Relationship

I've talked about this many times but can't seem to get any consensus other than the usual griping from the usual suspects. But I still haven't gotten a satisfactory answer to my question. The question is this and it's simple - why do carriers require small business owner operators to build up a hold back? After all, the small business owner operator has more capital tied up in the relationship with the carrier than the carrier. Shouldn't it be the other way around?... Read More

Dave Coker

The Key to Success

In my time with ACT I have been asked by fellow drivers, "David what is it that you do that makes you succeed as a contractor with the price of having your own truck now a days?" Well though it is tougher now than what it may have been back when I started driving with fuel prices and all it can still be done. And I always made it a point to let them know that it has nothing to do with being any smarter than anybody else and that literally anybody can be a success. And usually always follow it up with "it's primarily all about my MPGs".... Read More

Rob Moseley

Tired of Dreading the Visit from the Government Regarding Your Independent Contractors? There May be Amnesty for You

The IRS announced a voluntary classification settlement program that would provide partial protection for businesses who agree to prospectively treat workers formerly treated as independent contractors as employees.

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Tom Kretsinger, Jr.

Misclassification: The Silent Killer

The trucking industry has had a long tradition of contracting with owner operators, who lease a truck and a driver, to an authorized carrier under the leasing regulations, 49 C.F.R. 376. For over 60 years the industry has treated owner operators as independent contractors, not employees. Political forces are at work to change the status quo ante. The Obama administration and many state agencies are making serious efforts to reclassify independent contractors as “employees.” The President and his labor backed colleagues introduced a bill when he was a senator that would make it easier to reclassify independent contractors.... Read More

Trent Tillman

Reinvesting in the Entrepreneurial Spirit

It's more difficult to operate in today's transportation environment than ever before.

Ok, not earth shattering news but you've already read all the “doom & gloom” and most likely have experienced significant changes to your business over the past few years. When examining impending changes to the current transportation landscape, most of us would start by acknowledging the 10,000 pound gorilla in the middle of the room - CSA (2010).... Read More

Heather Dunn

Cost Control, Waste Control

Wasteful expensesInstead of just controlling costs, owner-operators should be focusing on “waste control.” The things you need to run a trucking business, such as fuel and equipment, often get used inefficiently. The resulting waste hits where it hurts the most—in the pocketbook. Remember, every dollar saved goes directly into your pocket.... Read More

Tom Kretsinger, Jr.

34 Hour Restart

Arriving HomeToday is the day, she thought as she finished wiping the counters at the small town diner. She was just finishing her shift and just had enough time to pick up the kids from school. She felt pretty good as she drove through the blowing leaves on that beautiful fall day. It was amazing how much she had accomplished in the past three weeks. She had canned all the vegetables from the garden, cleaned the house, and taught Jimmy how to mow the yard. He was a hard worker. Last night, she went to a parent/teacher conference and the news was mostly good. I still have to work with Jimmy on his math she thought as she pulled up the drive to the school. That'll be a challenge, because on a day like this he'll want to be outside after being cooped up in school all day. Well, it's the weekend and there'll be time for that later.... Read More

Salena Lettera

Asphalt, Asphalt, Everywhere and Not a Patch to Park On

Pay To Stay - Will This Become The Norm?

Parking Lot FullThis weekend, Ed and I were in Bordentown, New Jersey. There are only two truck stops there; a Pilot with very limited parking, and a Petro with 490 parking spaces. You can park at the Pilot for free but if you want a space at the Petro, you either have to pay $12.00 a day to park,buy $25.00 worth of fuel, or rack up the same amount in the c-store; every day you're there. The Pilot was the obvious choice for us because we didn't need fuel and weren't planning on doing any shopping in the convenience store. Plus, I have a thing for Pilot.... Read More