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The Truck Drivers Blog for Saving Money:
Truckers' Savings Blog


This truck drivers blog -- what we call the "Truckers' Savings Blog" -- is where you will find the most up-to-date information from Truck-Drivers-Money-Saving-Tips.com, including our newest pages and the updates we've made on our site as sent out through our news feed.

Furthermore -- and this is the real time saver for you -- there's no need for you to read dozens of trucking magazines, e-zines, blogs and news feeds looking for money saving news for truck drivers because we do that for you here.

We report the articles that:

  • notify you of opportunities for saving money or getting rebates;

  • reveal how other drivers saved money or lost money (as examples to learn from); and

  • alert you to situations that could cost you money.





In a nutshell, this blog is about how truckers can save money or are being forced to spend more money in their jobs.








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Owner-Operator Taxes 101: Common Deductions

Owner-Operator Taxes 101: Common Deductions Did you know that the trucking profession offers tax deductions for common business expenses? In this edition

Continue reading "Owner-Operator Taxes 101: Common Deductions"

Driver Turnover Increases, Recruiting Expected to Remain Tough

... Truckload driver turnover at fleets doing more than $30 million in business annually rose 11 percentage points in the second quarter of the year from the first quarter to an annual rate of 103%, according to recently released figures from the American Trucking Associations. This is its highest level since the third quarter of 2012 and four percentage points above a year earlier.

Turnover at small truckload fleets, those with less than $30 million revenue, surged 16 points from the previous quarter to 94%, the highest level since the third quarter of 2012 and 12 percentage points more than during the same time in 2013.

ATA Chief Economist Bob Costello said the shortage is “as bad as ever and is expected to get worse in the near term,” as freight volumes continue to grow.

...

[Click link below for rest of article]

Source: http://bit.ly/1ws3Qm4

Continue reading "Driver Turnover Increases, Recruiting Expected to Remain Tough"

Kenworth adds ‘virtual driver coach’ option to T680, T880 models

Kenworth introduced Oct. 17 a new driver coaching system that will be available in T680 and T880 models spec’d with the Paccar MX-13 engine and an automated transmission.

The Driver Performance Assistant will give immediate feedback to drivers on how their operation of the truck will impact fuel economy and wear on brakes.

“For example, the system lets drivers know how smoothly they braked to a stop after exiting the freeway,” says Kenworth marketing director Kurt Swilhart. “It monitors whether they have a soft or hard foot on the brakes. It also ‘rewards’ them with visual acknowledgement when using the engine brake.”

The system also calculates performance scores for drives, Swilhart says.

...

[Click link below for rest of article]

Source: http://bit.ly/1ws3HyT

Continue reading "Kenworth adds ‘virtual driver coach’ option to T680, T880 models"

Higher Trucking Tolls Likely Coming to Illinois Tollway Authority Routes

A big hike in truck tolls is likely in store for any of the routes managed by the Illinois Tollway Authority.

A tentative budget for next year calls for increased spending for operating and maintenance, debt service and road replacement and renewal costs. To pay for it tolls would increase for big rigs by 40% in 2014, 10% in 2016 and another 10% in 2017, according to the website of the Daily Herald newspaper.

...

[Click link below for rest of article]

Source: http://bit.ly/1whbBKE

Continue reading "Higher Trucking Tolls Likely Coming to Illinois Tollway Authority Routes"

How do the poll numbers on the 2013 HOS reg change line up with the trucking crash data?

Contributing article: http://bit.ly/1ws3RXe

Trucker, have you used Kenworth's new in-cab coaching tool? How much did it improve your driving performance?

Contributing article: http://bit.ly/1ws3prW

Review it now

Safety & Compliance: Preparing For a Crash

Fleets should prepare for and practice what to do in the event of a serious accident just like they would for fire drills – from top management to dispatchers to drivers, according to Don Jerrell, a safety expert at HNI Risk Services.

...

Because the driver is the one on the scene, Jerrell outlined seven steps drivers need to take when involved in an accident. These should be ingrained in them through proper training and practice:

...

[Click link below for rest of article]

Source: http://bit.ly/1ws3fRm

Continue reading "Safety & Compliance: Preparing For a Crash"

Partners in Business: Health and Income Insurance

Health is the third core reason owner-operators fail – behind only poor truck maintenance and a lack of business skills. Many over-the-road drivers rarely have the time even to see a family physician at home, much less a doctor while on the road. Many also lack a disciplined approach to diet and exercise.

Complicating this health picture for many owner-operators is inadequate health insurance coverage. In 2010, the average owner-operator who spent money on health, dental and vision insurance paid close to $3,750, or 3.4 cents per mile. That’s 8 percent of the average net income.

...

[Click link below for rest of article]

Source: http://bit.ly/1ws3agn

Continue reading "Partners in Business: Health and Income Insurance"

Automation is Taking Over

There’s a quiet revolution going on in that mechanical space between engine and drive axle. It’s the steady rise of transmission automation and the disappearance of that third pedal, the clutch ...

...

And let’s not forget that fuel can be saved too. The latest auto boxes have shift logic that’s much better than they had when first on the scene, meaning smarter, more efficient, more sensible shift points. It’s getting harder to say, as we once could, that an automated transmission won’t improve on what your best drivers can do.

...

[Click link below for rest of article]

Source: http://bit.ly/1ws3mw7

Continue reading "Automation is Taking Over"

Truckers, what kinds of illness or injury cause you to use your health insurance?

Contributing article: http://bit.ly/1ws3agn

ATA Driver Compensation Study to offer benchmarks on pay, bonuses, benefits

How does your fleet’s pay stack up against others in your segment?

American Trucking Associations will offer a benchmarking tool to let carriers knew exactly where they stand with the upcoming release of the 2014 Driver Compensation Study.

As previewed at the recent ATA MC&E, the study is a comprehensive evaluation of the way fleets pay their drivers, including details ranging from base packages to whether or not companies lump together vacation days and sick days as part their drivers’ PTO.

...

[Click link below for rest of article]

Source: http://bit.ly/1ws36NV

Continue reading "ATA Driver Compensation Study to offer benchmarks on pay, bonuses, benefits"

Are Tire Prices Falling?

A few weeks ago, tire-grade rubber on the Singapore Commodity Exchange (SICOM) fell to its lowest point in 5 years. When adjusted for inflation, some traders say the prices are the same as they were 15 years ago. Prices are so low that some farms have stopped tapping their trees, which raises even more concerns for the global supply of natural rubber (NR).

...

Another report from a tire industry trade publication indicated that the average price of a new truck tire actual fell from 2012 to 2013 by about $20. With oil prices also falling, it would appear that the trend would continue since the major price hikes of a few years ago were attributed to rising raw material costs. Logic would dictate that all of the factors for falling tire prices are in place.

...

[Click link below for rest of article]

Source: http://bit.ly/1ws2WpE

Continue reading "Are Tire Prices Falling?"

15 Factors Putting Downward Pressure on Fleet Operating Costs

... Below is a summary of 15 factors broken out by operating cost category exerting downward pressure on fleet operating costs:

...

[Click link below for rest of article]

Source: http://bit.ly/1ws2RCi

Continue reading "15 Factors Putting Downward Pressure on Fleet Operating Costs"

Telematics viewed as a vehicle safety game-changer

... “Telematics on the other hand now provides very detailed, objective data on the primary vehicle safety control system: the driver,” Hayes stressed. “Simply in terms of what technologies are available today, right now, to improve vehicle and fleet safety, telematics is the biggest game changer.”

...

Yet the reason why telematics remains an “untapped” safety benefit to his mind is that fleets largely focus on the driving data such technology generates to identify “bad” drivers, rather than help their “good” drivers become even better.

“For decades, we really didn’t have a way to get information on how people actually drive; telematics has changed all that,” he said. “Just telling someone to ‘drive safe’ is almost meaningless without specifics. Now we can actually show each driver how they currently operate their vehicles and what they can specifically do to operate them better.”

...

[Click link below for rest of article]

Source: http://bit.ly/1ws2JTj

Continue reading "Telematics viewed as a vehicle safety game-changer"

Rethinking LNG as price of diesel plummets

... In his view the “conversion of portions of a commercial fleet to LNG entails very large investments with long payback periods. A beneficial LNG-to-diesel price relationship would have to be in place for 3 to 10 years or more for these investments to be favorable.”

Gabrielsen offers this yardstick: “If crude oil/diesel remains at $100/bbl. ($3.90/gal diesel) then ‘break even’ at a three-year simple payback can be achieved-- even if no improvements/reductions occur in incremental initial investment and liquefaction and logistics. But when the prices falls below that level, [conversion investments] enter into higher risk.

...

[Click link below for rest of article]

Source: http://bit.ly/1uxenrz

Continue reading "Rethinking LNG as price of diesel plummets"

Trucker, would you resent being told how to drive better by telematics?

Contributing article: http://bit.ly/1ws2JTj

Diesel Costs Continue Falling as Oil Prices Keep Sliding

Prices for fuel keep moving lower as oil costs are at some of their lowest levels in at least two years.

On Monday the U.S. Energy Department reported the sixth consecutive drop in the average price of on-highway diesel, down 4.2 cents from last week to $3.656. Factoring in weeks when the average diesel price was unchanged from the week before, diesel prices haven't increased since late June.

...

[Click link below for rest of article]

Source: http://bit.ly/1ws2FCZ

Related: http://bit.ly/1ws2GqN

Continue reading "Diesel Costs Continue Falling as Oil Prices Keep Sliding"

[Ireland] Commuters warned more protests from truckers to come

Over 100 protesting hauliers blocked the Port Tunnel in Dublin city centre this morning demonstrating against the high road taxes for heavy goods vehicles in Ireland.

...

[Click link below for rest of article]

Source: http://bit.ly/1ws2s2H

Continue reading "[Ireland] Commuters warned more protests from truckers to come"

Review of Arctic Breeze Truck AC: Trucker Lists Pros and Cons

How well does the Arctic Breeze Truck AC work on commercial motor vehicles? What are the pros and cons of using it? Read our review.

Continue reading "Review of Arctic Breeze Truck AC: Trucker Lists Pros and Cons"

Dash Trash: What a Trashy Looking Truck Says and Does

Does piling rubbish on your truck's dashboard, what we call dash trash, have an effect on you and your job? You might be surprised...

Continue reading "Dash Trash: What a Trashy Looking Truck Says and Does"

Items Thrown From Overpasses Smash Windshields and Hurt Truckers

Be alert to the places where items have been thrown from overpasses which result in damaged vehicles and hurt drivers. Help us keep our list up-to-date....

Continue reading "Items Thrown From Overpasses Smash Windshields and Hurt Truckers"

Truck Idling: Overview of Need, Problems, Cost and Alternatives

Why do professional truck drivers idle their trucks? What are the problems and costs associated with idling? What alternatives are there? This is an overview...

Continue reading "Truck Idling: Overview of Need, Problems, Cost and Alternatives"

My Wait Time or Detention Time on the Job as a Trucker

If you spend hours and hours of wait time for your truck to be loaded or unloaded at shippers or receivers, what can you do about it? A tool is now at your disposal...

Continue reading "My Wait Time or Detention Time on the Job as a Trucker"

Truck Snow Chains: Preparation for Winter Driving

When preparing to drive a commercial motor vehicle in the winter in some locations, you need to know the basics about truck snow chains....

Continue reading "Truck Snow Chains: Preparation for Winter Driving"

On Falsifying a Log Book Entry as a Professional Truck Driver

What happens when a professional truck driver is caught falsifying his or her log book? Can the repercussions be serious or expensive?

Continue reading "On Falsifying a Log Book Entry as a Professional Truck Driver"







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