What changed for 2026 — and why it matters to carriers and dispatchers For payments made in calendar year 2026, the federal reporting threshold for Form 1099‑NEC rose from $600 to $2,000. The IRS also confirms Form 1099‑NEC is due to both the recipient and the IRS by January 31…
AIS BLACKOUT NEAR UAE OIL HUB RATTLES GULF SHIPPING AS U.S.–IRAN TALKS ADVANCE Vessel-tracking signals reportedly collapsed around Fujairah on May 24, heightening maritime risk as negotiations progress; U.S. trucking and logistics firms are watching for potential knock-on effects to fuel supply and pricing. AAA: MEMORIAL DAY WEEKEND FUEL PRICES…
What’s changing for 2026 — and why carriers should care For payments you make in 2026, the federal reporting threshold for most 1099-NEC and 1099-MISC filings rises from $600 to $2,000 under the One Big Beautiful Bill Act (P.L. 119-21). That means many small-dollar contractor payments that used to trigger…
What changed, and why it matters Colorado has formally opted into a new federal program that allows individuals to claim a dollar‑for‑dollar federal income tax credit—up to $1,700 per taxpayer—for cash donations to approved Scholarship Granting Organizations (SGOs). The Internal Revenue Service says the Federal Scholarship Tax Credit (Internal Revenue…
HOUSE HIGHWAY BILL ADVANCES WITH BIG TRUCKING PROVISIONS: PARKING, LEASE-PURCHASE CRACKDOWN, AV FRAMEWORK The BUILD America 250 Act moved out of committee with funding for public truck parking, new oversight of predatory lease-purchase, tougher broker vetting/PPOB rules, a federal AV safety framework, cargo-theft task force, and EV registration fees. Industry…
Why those “Does Coinbase report my activity to the IRS?” PDFs are popping up If you’ve seen a PDF or post claiming to answer that question and urging you to call a “support” number, treat it as a red flag. We found a recent one seeded on a U.S. county…
SCOTUS RULING UPS THE STAKES FOR BROKER DUE DILIGENCE Trucking Dive breaks down the Supreme Court’s unanimous May 14 decision allowing negligent-hiring claims against freight brokers under state law, prompting brokers to tighten vetting and risk management. The industry expects ripple effects across insurance, contracts, and carrier selection practices. FMCSA…
What counts as a Commercial Motor Vehicle? At the federal level, a commercial motor vehicle (CMV) is any vehicle used on a public highway in interstate commerce that meets specific thresholds. You’re in CMV territory when the vehicle has a gross vehicle weight rating (GVWR) of 10,001 pounds or more;…
FMCSA LAUNCHES MOTUS REGISTRATION SYSTEM TO FIGHT TRUCKING FRAUD FMCSA rolled out its new centralized Motus registration platform, adding digital ID verification and a mobile-friendly interface to simplify carrier onboarding and curb identity-based fraud schemes. VOLVO GROUP NORTH AMERICA REACHES CARB SETTLEMENT OVER 2010–2016 ENGINE EMISSIONS Volvo will provide software…
What changed for 2026: the new federal 1099-NEC threshold For payments made in 2026, the IRS raised the reporting threshold for Form 1099-NEC (Nonemployee Compensation) to $2,000, indexed for inflation. The due date to furnish Copy B to contractors and file with the IRS remains January 31. In short: if…