Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
Wabash’s debt just got marked down again — a fresh warning flag for a trailer market that hasn’t shaken off a long freight slump. Moody’s lowered the trailer builder’s corporate family rating to B2 from B1 this week, citing continued…
Universal Logistics Holdings absorbed a heavy non-cash hit in the third quarter, booking $81.2 million of impairments tied to its intermodal unit and swinging to a GAAP net loss of $74.8 million, or $2.84 per share, on $396.8 million in…
What happened — and why it matters to your operation Reports circulating on social media and YouTube in the last 24 hours highlight truck drivers being placed out of service and, in some cases, arrested during recent roadside crackdowns. One…
A major ratings agency has cut Wabash’s debt, a move that underscores how the softest trailer cycle in a decade continues to pinch OEM margins, cash flows and financing flexibility. The downgrade, first reported by FreightWaves, ties directly to weaker…
Universal Logistics Holdings plunged to a third-quarter loss after writing down the value of intermodal assets, a move that underscores how muted import flows and weaker pricing continue to strain drayage and rail‑connected trucking. The company said the non‑cash charge…
What’s driving the latest “fired by text” headlines Social media chatter about drivers learning they’re out of work via late-night texts is striking a nerve because it echoes real events from the past 18 months. In June 2024, Humble, Texas–based…
Forward Air used its Nov. 5 earnings update to deliver the message a jittery freight market wanted to hear: the board-led review of “strategic alternatives” — including a potential sale — remains underway. Management said discussions with interested parties are…
Why this matters to trucking and paving firms Virginia’s Department of Transportation (VDOT) has issued its latest “Department’s List of Prequalified Vendors,” the roster that determines who can bid as a prime or participate as a first‑tier subcontractor on VDOT‑administered…
Forward Air told investors on Wednesday, November 5, that its months‑long strategic alternatives process — including a potential sale — is still moving ahead, with management describing ongoing discussions with multiple interested parties but declining to set a timetable or…
What’s new for 2025 The IRS has finalized inflation adjustments that raise several popular employer benefit caps for the 2025 tax year. Key changes affect health care flexible spending accounts (FSAs), qualified transportation (commuter/parking) benefits, and employer-provided adoption assistance—programs many…
