Why a Capitol Hill letter matters to carriers A group of seven House Democrats is urging the Treasury Department and the Internal Revenue Service to quickly issue tax guidance for state-licensed medical cannabis businesses following the Department of Justice’s April 22, 2026 final order that moved certain cannabis products to…
FEDEX FREIGHT NOW AN INDEPENDENT COMPANY, DEBUTS ON NYSE AS “FDXF” Following its June 1 spinoff from FedEx Corp., the LTL carrier began trading under the ticker FDXF as it pursues growth with an established nationwide network and customer base. EIA: U.S. DIESEL AVERAGE DROPS 17.3¢ TO $5.350/GALLON FOR WEEK…
Introduction The latest USDOT registration data for the week of May 25–31, 2026 show an unprecedented standstill: zero newly recorded carriers, brokers, or “other” registrants across all seven days. Ordinarily, late May brings a modest seasonal lift in filings before the fiscal-year lull, but this week’s dataset captures none of…
Why this matters now for trucks running out of Allen and the DFW corridor Thin margins, volatile diesel, and relentless paperwork make precise books a competitive edge for carriers of any size. DASG, a Dallas-based firm serving Allen, Texas, markets year‑round tax planning, bookkeeping, payroll, and IRS representation alongside business…
FEDEX FREIGHT COMPLETES SPIN-OFF, STARTS TRADING ON NYSE AS FDXF FedEx finalized the separation of its LTL unit, with FedEx Freight shares beginning regular-way trading today (ticker: FDXF); shareholders received one FDXF share for every two FDX shares held as of May 15. OHIO ENDS NON‑DOMICILED CDLS; STATE TO NOTIFY…
What happened — and when On September 11, 2002, Heavy Duty Trucking reported that H&W Motor Express, a 75-year-old Dubuque, Iowa, carrier that had filed for Chapter 11 in June 2002, faced a U.S. Trustee motion to convert the case to Chapter 7 liquidation. The carrier had suspended operations after…
SUPREME COURT SIDES WITH TRUCK DRIVER IN ARBITRATION DISPUTE, BOOSTING DRIVER CLAIMS A unanimous ruling allows a driver’s lawsuit to proceed despite an arbitration clause, a decision with major implications for carrier and broker litigation risk and contract practices across trucking. DUST STORM PILEUP INVOLVING MULTIPLE SEMIS SHUTS I‑80 NEAR…
Lawmakers press IRS for fast rules as cannabis tax landscape shifts A group of U.S. House lawmakers is urging the Treasury Department and the IRS to quickly publish guidance for state-legal marijuana businesses following the federal government’s recent move to reclassify certain cannabis products. The push, led by Reps. Steven…
STB ACCEPTS REVISED UP-NS MEGA-MERGER APPLICATION, MOVES TO 12-MONTH REVIEW Regulators accepted Union Pacific and Norfolk Southern’s amended filing, triggering a merits review while seeking more details by July 27. The railroads say the transcontinental deal could pull roughly 2 million truckloads off U.S. highways. STB TEMPORARILY PAUSES UP-NS MERGER…
Why this matters to trucking Congressional Democrats are pressing the Treasury Department and IRS to quickly publish tax guidance for state-legal cannabis businesses after the federal government partially moved medical marijuana to Schedule III. Their core ask: clarify how the end of Section 280E for qualifying medical operations should work…