What changed The IRS has signaled another round of changes to how companies measure foreign-currency gains and losses under Section 987—rules that matter if your trucking business operates in Canada, Mexico, or other markets through branches or subsidiaries that keep books in a non‑U.S. dollar currency. In Notice 2026‑17, released…
FORD RECALLS 4.4 MILLION VEHICLES OVER TRAILER-LIGHT COMMUNICATION FAULT NHTSA says a software glitch can cut communication between trailers and tow vehicles, disabling lights and signals. Ford will issue an over‑the‑air update; affected models include 2021–2026 F‑150s and several SUVs STELLANTIS CEO: NORTH AMERICA TO RETURN TO PROFIT IN 2026…
Why this matters for trucking now IRS guidance on the 2025 One Big Beautiful Bill Act (OBBBA) is arriving in pieces, and the timing matters for how fleets and owner-operators plan 2026–2027 equipment buys and facility projects. CFO Dive reports that tax pros expect a steady stream of clarifications this…
IRS extends PFML enforcement relief through calendar year 2026 The IRS has granted states and employers another year to adapt payroll and reporting systems for state Paid Family and Medical Leave (PFML) programs. In Notice 2026-6, issued December 24, 2025, the agency extends transition relief through December 31, 2026 for…
PORT OF NY/NJ TERMINALS AND DEPOTS CLOSED TUESDAY DUE TO WINTER STORM The Port of New York and New Jersey said all marine terminals and depots are closed Monday and Tuesday (Feb. 23–24), pausing truck gate operations as crews dig out from a historic blizzard. Stakeholders are urged to monitor…
Introduction New USDOT registrations softened in the latest week of available data, February 16–22, 2026. Total new filings reached 3,370 across carriers, brokers, and other entity types. The pullback was broad-based but most pronounced among motor carriers, while “other” categories bucked the trend. The cadence of filings followed a typical…
Why owner-operators and fleets should act now Tax Day for 2025 returns is Wednesday, April 15, 2026. That deadline isn’t just for filing—several money‑saving moves remain available until that date. Here are seven practical steps tailored to truckers and small fleets to legitimately lower taxable income, improve cash flow, and…
NORTHEAST BLIZZARD PARALYZES I-95 CORRIDOR WITH HEAVY SNOW, POWERFUL WINDS AND WIDESPREAD CLOSURES A rapidly intensifying nor’easter dumped up to two feet of snow in parts of the Northeast on Monday, triggering states of emergency, thousands of flight cancellations, road closures and suspended transit across major metros. MASSACHUSETTS ISSUES NON‑ESSENTIAL…
Why this matters to fleets and owner-operators The IRS has released Publication 15 (Circular E) for tax year 2026, laying out federal income-tax withholding rules and the Social Security and Medicare (FICA) payroll parameters employers must use starting January 1, 2026. The new guidance confirms unchanged FICA rates but a…
Why this matters now Posts circulating this week cite a “fresh IRS bulletin” on the 2026 Child Tax Credit (CTC). For truckers juggling cash flow between loads, equipment payments and quarterly estimates, clarity on what’s actually in force can help you plan the next few months. Here’s what the official…
