Fast, compliant 2290 e‑filing lands at the Kentucky Expo Center Owner-operators and fleet managers heading to the Mid-America Trucking Show in Louisville, Kentucky can find SimpleTruckTax on the show floor this week, March 26–28, 2026 (Booth 38707). According to the show directory, the San Rafael, California-based provider is spotlighting its…
FREIGHTOS WEEKLY UPDATE: ASIA–US CONTAINER RATES TICK HIGHER; FMC REJECTS FUEL SURCHARGE WAIVER Spot prices to the US rose 3–4% week over week as carriers eye Q3 bunker surcharges, while the Federal Maritime Commission denied a bid to bypass 30‑day fuel surcharge notices, citing insufficient cost data. EASTERN CMV SAFETY…
Why this matters in 2026 Backup withholding is a federal rule that requires payers to withhold a flat 24% of certain payments when a payee’s taxpayer information is missing or doesn’t match IRS records. For trucking companies and brokers paying independent contractors, that can mean an immediate 24% haircut on…
DIESEL PRICES SURGE PAST $5.38/GALLON NATIONWIDE, PILING PRESSURE ON CARRIERS Average U.S. on-highway diesel jumped to $5.375, with California above $6, as the Iran war squeezes oil supply—raising operating costs and fueling surcharges across modes. FEDEX TAPS ONERAIL FOR 2‑HOUR AND END‑OF‑DAY LOCAL DELIVERY New SameDay Local service connects shippers…
Introduction New USDOT registrations softened in the week of March 16–22, 2026, as a sharp spike in fuel prices raised operating-cost risk for prospective entrants. While underlying demand for trucking capacity remains uneven across modes, the near-term backdrop—dominated by a sudden surge in retail diesel above $5 per gallon and…
Why a New Zealand tax tweak matters to U.S. trucking New Zealand is finalizing how it applies the OECD’s “Pillar Two” 15% global minimum tax, including a recent move to adjust application dates for parts of the guidance package. Practically, New Zealand’s GloBE rules apply to fiscal years beginning on…
FMCSA IMPLEMENTS FINAL RULE EASING 12 REGULATIONS EFFECTIVE MARCH 23 A sweeping FMCSA rule effective today clarifies electronic DVIR use, removes outdated provisions (including vision standard grandfathering), and streamlines several parts of the FMCSRs to reduce burdens on carriers and drivers. FMCSA: NON-COMPLIANT ELDS TO BE TREATED AS “NO RODS”…
Why this matters to trucking businesses Family-run carriers and owner-operators often hold substantial assets—tractors, trailers, terminals, shop equipment and real estate—inside closely held businesses. While the federal estate tax exemption increased to $15 million per person for 2026, Maryland still imposes its own estate tax with a lower exemption, meaning…
U.S. DIESEL AVERAGE TOPS $5/GAL, RAISING COST PRESSURES ACROSS FREIGHT Diesel’s jump above $5 per gallon adds inflationary pressure to truck-transported goods, with carriers and shippers bracing for near-term fuel surcharges and pricing ripple effects. EIA FUEL UPDATE: NEXT WEEKLY DIESEL, GASOLINE BENCHMARKS DUE AS VOLATILITY PERSISTS The Energy Information…
What changed—and why trucking businesses should care Many trucking companies are organized as LLCs taxed as partnerships. That structure can be great for flexibility, but it also means your ability to deduct losses, receive cash distributions, and avoid surprise tax bills hinges on how partnership liabilities are allocated and whether…
