PLUSAI CALLS OFF SPAC MERGER, SAYS 2027 AUTONOMOUS TRUCK LAUNCH STILL ON TRACK PlusAI and Churchill Capital Corp IX terminated their merger citing market conditions, but the company says it remains focused on a 2027 commercial rollout starting in Texas and maintains key OEM partnerships. DIESEL PRICES PLUNGE MORE THAN…
Why this matters now Beginning January 1, 2026, the IRS business standard mileage rate increased to 72.5 cents per mile. For Amazon Flex delivery partners—who are treated as independent contractors—most vehicle costs aren’t reimbursed by Amazon, so the federal rate becomes a critical lever to reduce taxable income. Fleet managers…
INTERSTATE REGISTRATION FEES SLATED TO RISE ABOUT 20% UNDER UCR PLAN Unified Carrier Registration fees would increase by roughly 20% on average, pending FMCSA approval, adding $9 for single‑truck carriers to more than $9,000 for the largest fleets. ATA: TRUCK TONNAGE EDGED 0.3% HIGHER IN MARCH, BIGGEST Y/Y GAIN SINCE…
Introduction From April 13–19, 2026, the U.S. Department of Transportation recorded 3,766 new registrations across carriers, brokers, and other categories. Using the verified dataset, this article examines week-over-week changes, highlights where new entities are forming by state each day, and ties those movements to market forces over the past seven…
Why this matters now Two developments owners and fleet finance leaders shouldn’t ignore this April: First, preferred equity is moving from niche to mainstream in private capital, with new guidance highlighting how its hybrid features can alter cash taxes and deal structures. Second, on April 8, 2026, the US Tax…
QXO TO ACQUIRE TOPBUILD FOR $17B, ACCELERATING DISTRIBUTION SCALE Brad Jacobs’ QXO announced a cash-and-stock deal to buy TopBuild at $505 per share, expanding its building-products footprint and logistics volumes that feed truckload and LTL networks. PRIME INC. TO BUILD $160M SOUTHEAST REGIONAL HUB NEAR GRIFFIN, GA Prime says the…
What Form 2290 covers—and who must file The Heavy Highway Vehicle Use Tax (HVUT) is an annual federal excise tax on vehicles with a taxable gross weight of 55,000 pounds or more that operate on public highways. If a truck is registered (or required to be registered) in your name…
CBS REPORT SPOTLIGHTS PUSH TO HOLD FREIGHT BROKERS ACCOUNTABLE IN DEADLY TRUCK CRASHES A Sunday segment examines proposals to expand liability beyond drivers and carriers, arguing some brokers routinely tender freight to unsafe firms, as truck-involved fatalities remain elevated. COLORADO: FULL SOUTHBOUND I‑25 CLOSURES IN COLORADO SPRINGS, INCLUDING SUNDAY NIGHT,…
What’s new A Hong Kong–based recruiter has posted an opening for a “U.S. Tax Manager (Fintech),” highlighting duties like overseeing annual tax filings tied to cross‑border investment income and coordinating with auditors and tax authorities. While the original BeBee listing is no longer available, a parallel posting from Ambition in…
OIL PRICES DROP AND WALL STREET RALLIES AFTER IRAN REOPENS STRAIT OF HORMUZ A freer flow of crude eases immediate market fears, with the S&P 500 closing at a record and oil falling about 9%, offering potential relief to transport fuel costs if sustained. STRAIT OF HORMUZ FULLY OPEN TO…
