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…
Why Arkansas truck owners should care now Whether you run a single tractor or a small fleet, Arkansas ties state registration to your federal Heavy Vehicle Use Tax (HVUT) compliance. In practice, that means you’ll need proof of a filed Form 2290 before the Department of Finance and Administration (DFA)…
CALTRANS TO FULLY CLOSE EASTBOUND I-80 IN SAN FRANCISCO APRIL 17–20 A 1.6-mile stretch of EB I-80 from 17th St. to 4th St. will be shut from 11 p.m. Friday, April 17 to 6 a.m. Monday, April 20 for viaduct rehabilitation, with signed detours expected to snarl Bay Area freight…
Why this new app matters for small fleets and O/Os Paper receipts still bleed profits at tax time. RIGLOG: Trucking Expense Log, a new iPhone/iPad app, aims to close those leaks with fast, structured recordkeeping tailored to trucking. The App Store listing highlights three‑tap expense entries across 15 IRS categories,…
FMCSA OVERHAULS DATAQS TO SPEED UP SAFETY RECORD CORRECTIONS FMCSA announced new deadlines and a three-stage independent review for DataQs, aiming to deliver faster, more transparent corrections to crash, inspection, and violation records that affect carrier and driver safety scores. J.B. HUNT POSTS HIGHER Q1 REVENUE AND EARNINGS ON IMPROVED…
