Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
Covenant Logistics’ third quarter underscored how prolonged overcapacity is still pinching midsize truckload carriers. The Chattanooga-based company posted GAAP earnings of $0.35 per share on $296.9 million in revenue, with adjusted EPS of $0.44—matching consensus—even as profits fell year over…
Knight-Swift closed the third quarter with a familiar split screen: top-line growth and healthier non-trucking businesses on one side, stubborn truckload headwinds and one-off costs on the other. The company’s message to the market was clear — the recovery is…
Freight factors are finding their float tested just as small carriers need them most. At FreightWaves’ F3 festival in Chattanooga this week (Oct. 21–22), Phoenix Capital President Bryan Alsobrooks said more shippers have been unilaterally lengthening payment terms from the…
What’s on offer A new Craigslist posting in Utica, NY advertises immediate openings for six owner-operator cargo van drivers on a dedicated Monday–Friday auto parts route. The post lists a 6:30 a.m. start, roughly 275 miles and 25 stops per…
At FreightWaves’ F3 festival in Chattanooga on October 21–22, Phoenix Capital President Bryan Alsobrooks described a trend that has factoring firms on edge: shippers stretching payment terms far beyond the traditional 30 days, in some cases toward 90–120 days. The…
Covenant Logistics’ latest quarter underscored just how unforgiving the truckload market remains. For the three months ended Sept. 30, the Chattanooga-based carrier posted revenue of $296.9 million, up 3% year over year, but GAAP earnings slipped to $0.35 per share…
Tariff whiplash and shifting trade lanes are showing up at the Port of Oakland in the form of softer, less predictable container flows — a dynamic that translates directly into leaner drayage demand and more volatile week-to-week truck turns across…
What sparked the alarm A trucker-focused video circulating today claims 20–25 drivers recently had their semis seized for nonpayment issues. We were unable to independently verify that specific incident at press time. But the core warning is real: in 2024–2025,…
Forward Air’s shares slumped Monday after fresh reporting indicated that private equity suitors aren’t meeting the company’s price expectations, leaving no deal in hand and pushing its ongoing auction into a slower gear. FreightWaves first flagged the setback, noting the…
Why a government jobs page matters to fleets Indeed’s current IRS employer snapshot shows a 4.0 out of 5 overall rating with an above‑average work‑wellbeing score of 72. Recent postings highlight roles in IT and legal counsel as the agency…