The Unshakeables podcast from Chase for Business and iHeartMedia's Ruby Studio dives into the unbelievable “What are we gonna do now?” moments that changed everything for small business owners. From mom-and-pop coffee shops to auto-detailing garages, every small business owner knows that the journey is full of the unexpected. A single make-or-break experience can change the course of your business forever. Those who stand firm in their resolve have a special name. We call them The Unshakeabl ...
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No more detention half measures: The time is now to charge for it and actually collect from shippers
Manage episode 440251949 series 2135523
内容由Overdrive Radio提供。所有播客内容(包括剧集、图形和播客描述)均由 Overdrive Radio 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
When we polled owner-operators about a year ago on recent-history improvement, or lack thereof, in detention time along their routes and at their customers, a huge majority noted the situation they'd seen at docks hadn’t improved to any noticeable degree in recent years. Forty percent of all poll respondents at the time in fact said detention had gotten worse for them: https://www.overdriveonline.com/overdrive-extra/article/15544369/how-to-calculate-detention-rate-for-owneroperator-business If the American Transportation Research Institute's new look at detention is correct, though, waits to load/unload are getting at least marginally better for the average driver out there, if not the majority of Overdrive’s largely independent owner-operator readers. In this week's Overdrive Radio edition, track back through Overdrive News Editor Matt Cole's reporting on ATRI's "Cost and consequences of truck driver detention" study: https://www.overdriveonline.com/business/article/15683714/how-detention-time-impacted-trucking-companies-drivers-in-2023 The ATRI study's topline finding estimated trucking writ large lost $15 billion to detention at shippers and receivers in 2023. Yes, $15 billion with a B. If you consider the American Trucking Associations' annual revenue figure for the entirety of the trucking industry at nearly a trillion (ATA's 2023 estimate was $987 billion), that $15 billion is worth a full 1.5% of the entire revenues generated by trucking companies. In the podcast, we break down the headline-grabbing numbers and how ATRI got to them with its 2023 detention-impacts estimate, likewise what owners and operators can do to put a dent in their own detention problems. Some of it’s obvious -- drop/hook situations, such as you can engineer them, will help -- but a lot is difficult, particularly the customer relations management that might truly make shippers and receivers feel the burden of their inefficiencies with detention fees charged. And then actually collected. As it stands today, trucking writ large tackles this issue by half measures, quite literally collecting invoiced detention fees only about half the time, ATRI found. More on the detention subject: **Recent OOIDA member survey: https://www.overdriveonline.com/business/article/15665203/ooida-member-surveys-on-detention-time-rates-deliver-ops-insight **FMCSA plans new study, quandary for owner-ops working with brokers: https://www.overdriveonline.com/overdrive-extra/article/15638339/ownerops-weigh-in-on-fmcsas-detentiontime-study-efforts
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565集单集
No more detention half measures: The time is now to charge for it and actually collect from shippers
Manage episode 440251949 series 2135523
内容由Overdrive Radio提供。所有播客内容(包括剧集、图形和播客描述)均由 Overdrive Radio 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
When we polled owner-operators about a year ago on recent-history improvement, or lack thereof, in detention time along their routes and at their customers, a huge majority noted the situation they'd seen at docks hadn’t improved to any noticeable degree in recent years. Forty percent of all poll respondents at the time in fact said detention had gotten worse for them: https://www.overdriveonline.com/overdrive-extra/article/15544369/how-to-calculate-detention-rate-for-owneroperator-business If the American Transportation Research Institute's new look at detention is correct, though, waits to load/unload are getting at least marginally better for the average driver out there, if not the majority of Overdrive’s largely independent owner-operator readers. In this week's Overdrive Radio edition, track back through Overdrive News Editor Matt Cole's reporting on ATRI's "Cost and consequences of truck driver detention" study: https://www.overdriveonline.com/business/article/15683714/how-detention-time-impacted-trucking-companies-drivers-in-2023 The ATRI study's topline finding estimated trucking writ large lost $15 billion to detention at shippers and receivers in 2023. Yes, $15 billion with a B. If you consider the American Trucking Associations' annual revenue figure for the entirety of the trucking industry at nearly a trillion (ATA's 2023 estimate was $987 billion), that $15 billion is worth a full 1.5% of the entire revenues generated by trucking companies. In the podcast, we break down the headline-grabbing numbers and how ATRI got to them with its 2023 detention-impacts estimate, likewise what owners and operators can do to put a dent in their own detention problems. Some of it’s obvious -- drop/hook situations, such as you can engineer them, will help -- but a lot is difficult, particularly the customer relations management that might truly make shippers and receivers feel the burden of their inefficiencies with detention fees charged. And then actually collected. As it stands today, trucking writ large tackles this issue by half measures, quite literally collecting invoiced detention fees only about half the time, ATRI found. More on the detention subject: **Recent OOIDA member survey: https://www.overdriveonline.com/business/article/15665203/ooida-member-surveys-on-detention-time-rates-deliver-ops-insight **FMCSA plans new study, quandary for owner-ops working with brokers: https://www.overdriveonline.com/overdrive-extra/article/15638339/ownerops-weigh-in-on-fmcsas-detentiontime-study-efforts
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