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You don’t have to be an economics major to understand the basic principles of supply and demand. However, understanding and identifying specific freight market trends can be confusing.
The cost of owner-operator turnover is difficult to pin down. Every trucking company looks at turnover costs differently, measuring different variables, and assigning different values. In this article, we will take a look at the different costs a carrier faces every time an owner-operator leaves and how ATBS can help minimize these costs.
If your business has elected S Corporation status, the IRS requires you to take reasonable compensation in the form of a wage that will show up on a Form W-2 at year-end.