Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
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…
What changed—and why it matters Prosecutors in San Bernardino County have dropped felony DUI allegations against 21-year-old truck driver Jashanpreet Singh after toxicology tests showed no drugs or alcohol were present when his blood was drawn. The District Attorney announced…
Heartland Express logged another net loss in the third quarter, underscoring how thin margins remain for longhaul truckload carriers even as some internal fixes begin to take hold. The Iowa-based fleet reported operating revenue of roughly $196.5 million and a…
Why a jobs page matters to trucking It may seem odd for owner-operators and fleet managers to track the IRS’s employer profile, but hiring signals often foreshadow how quickly disputes get resolved, how aggressively certain credits are scrutinized, and how…
Heartland Express reported another quarterly loss for the three months ended September 30, but said operating discipline improved as the quarter progressed and that its multi‑brand technology integration is now complete. The truckload carrier posted a net loss of $8.3…