Listen "Looking into the crystal ball on ELDs/rates with ATBS' Todd Amen"
Episode Synopsis
Audio here from ATBS' annual conference call with owner-operators detailing year-end income averages and other data from 2016 among the business services firm's owner-operator clients. Amen outlines what many know about 2016 -- it was a lackluster year for many, with income stagnant to down a bit -- and makes bold predictions about what's going to happen to rates over the next several years as ELDs come into full implementation. Amen will be the first to tell you the crystal ball is what it is, and things change. But if he's reading the landscape right, he says, good things for rates are coming, particularly for those who already have a handle on the electronic hours environment, whether with large or the smallest of fleets. It's not all good news, of course, and he offers a word of advice to independents: Start looking for ways to maximize income by cost-cutting or other measures now -- if you can hang on well into next year and beyond, there could be a payoff on the other side of the ELD mandate.
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