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…
EIA: U.S. DIESEL SLIPS TO $5.596/GAL FOR WEEK OF MAY 18; REGULAR GASOLINE AT $4.49 The Energy Information Administration’s weekly update shows on‑highway diesel averaging $5.596/gal (down 4.3¢ w/w) and regular gasoline at $4.49/gal, with West Coast diesel still above $6.50. Regional and state breakouts detail mixed week-over-week moves. ‘DO…
Introduction New USDOT registrations sharply decelerated during the week of May 11–17, 2026, with filings concentrated early in the week and then dropping off abruptly as International Roadcheck (“DOT blitz”) unfolded. This report analyzes week‑over‑week changes across carriers, brokers, and other registrants; highlights the hottest states for new authorities each…
Why you’re seeing penalties and interest on your IRS notice Owner-operators and fleet managers are feeling the squeeze of tight freight markets and higher operating costs—and an unexpected IRS bill layered with penalties and interest doesn’t help. A new Taxpayer Advocate Service (TAS) update published May 18, 2026, explains the…
What the viral post shows A Chicago-based semi driver shared pay stubs in a Reddit thread titled “Chicago – semi truck driver local home daily,” noting the role is home every day. Commenters who tallied the stubs estimated the gross annualized earnings at roughly $96,000, and the discussion quickly shifted…
AAA: U.S. AVERAGE GAS $4.513; DIESEL $5.646 AS OF MAY 17 AAA’s daily dashboard shows the national average for regular at $4.513 and diesel at $5.646 on May 17, with prices up sharply versus a month ago as crude remains elevated. SEVERE WEATHER MONDAY: SPC FLAGS MODERATE RISK FOR KS/NE,…
