Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
Trucking companies and brokers say a growing share of cargo theft never makes it onto insurance or police ledgers — not because the loads are trivial, but because filing a claim risks painful premium hikes or nonrenewal. That silence creates…
Montgomery Transport, a Birmingham, Alabama–based flatbed carrier, has filed for bankruptcy and halted operations, leaving about 1,000 employees out of work, according to internal communications and court filings described in a FreightWaves report published this week. Drivers were instructed to…
What’s happening at the IRS right now The federal government shutdown that began on October 1, 2025, has now forced the Internal Revenue Service to furlough a large share of its workforce. After operating for five business days using Inflation…
New tariff moves are rippling through freight markets just as peak bid season ramps up. A fresh round of duties on imported medium- and heavy‑duty trucks, announced this week, adds another variable to equipment budgets and cross‑border routing at a…
Why “1099” ads are surging—and what they mean A recent page circulating under the headline “Craigslist 1099 Trucking Jobs” highlights how common independent-contractor listings have become—often touting high weekly pay, fast onboarding and references to 1099 tax forms. Before you…
Who has to file (and why this matters to truckers) If you hold both U.S. and U.K. citizenship, you must file a U.S. tax return every year and report your worldwide income—whether you’re leased to a U.S. carrier, running loads…
What changed, and why trucking should care The IRS just issued interim corporate tax guidance and is phasing in new reporting rules for digital assets like Bitcoin—changes that can affect how fleets and owner-operators accept, hold, and spend crypto. On…
Why this update matters for roll-off operators and C&D fleets The City of Los Angeles has refreshed its official “List of Permitted Waste Haulers,” confirming which companies hold valid AB 939 compliance permits to collect and transport solid waste, recyclables,…
What’s on the board today Texas remains a hotbed for crude and energy-adjacent hauling, with more than 200 owner-operator postings statewide on Indeed as of October 4, 2025. Pay ranges advertised this week include $3,000–$6,000 per week for crude oil…
On Oct. 2, 2025, Moody’s affirmed Echo Global Logistics’ corporate family rating at B3 with a stable outlook, leaving its senior secured bank facilities at B2 and the probability of default at B3-PD. In plain terms, the rating sits deep…