Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
What happened — and why it matters Another long-standing carrier has parked its trucks for good. Florida-based Carroll Fulmer Logistics, a 70+ year veteran with roughly 400 trucks and 1,700 trailers, has ceased operations and is laying off about 600…
Between Oct. 2 and Oct. 10, five transportation companies sought Chapter 11 protection — a burst of filings that compressed into less than two weeks, according to a review highlighted by FreightWaves. The wave spans multiple regions and business models,…
What the viral video means—and what’s changed A short video circulating on October 14, 2025, claims a truck driver from Mexico was placed out of service (OOS) in the U.S. for not speaking English. While we can’t independently verify the…
Why this matters for owner-operators and fleets Tax season doesn’t start and stop on April 15 for trucking. Between Heavy Vehicle Use Tax (HVUT) filings, quarterly fuel tax reports, and evolving per diem rules, Arizona-based carriers need year-round compliance. VTX…
As of October 13, 2025, a new round of industry research is shining an uncomfortable light on how cargo crime is counted — and how much of it isn’t. Reporting by FreightWaves on October 10 highlights a core tension: facing…
Carriers and brokers increasingly face a Catch‑22: report a theft and risk higher premiums and tougher renewals, or absorb the hit and keep the loss off the books. That tension — fear of premium hikes and tighter terms — is…
China will start charging new port fees on Monday, October 14, for ships with U.S. ties — a direct response to Washington’s Section 301 surcharge on China-linked vessels that begins the same day. Beijing’s levy starts at 400 yuan (about…
Why this matters for fleets and owner-operators Two developments in the tax world carry practical implications for trucking: South Carolina’s clarified expectations for wine excise tax filers, and renewed emphasis by the IRS and the Tax Court on the “bank…
China will begin charging American-linked vessels new port fees on Tuesday, October 14, escalating a maritime standoff that now threatens U.S. landside logistics. The Ministry of Transport said ships that are U.S.-owned, operated, built or flagged will be assessed 400…
Why this matters to carriers now South Carolina has spotlighted how wine excise taxes are administered for wholesalers, importers, and out‑of‑state shippers, with fresh attention on e‑filing, due dates, and recordkeeping. For motor carriers that haul alcohol—whether you’re an owner‑operator…