Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
Irvine, California-based Zuum Transportation has sought Chapter 11 protection, the latest freight-tech firm to be pulled into the industry’s ongoing shakeout. The company filed on November 6 in the U.S. Bankruptcy Court for the Central District of California (Santa Ana),…
Why the W-9 matters in trucking If you’re hauling on contract, onboarding with a broker, or paying outside help like lumpers or independent mechanics, the W-9 is the first tax form that keeps money flowing. A W-9 is a “Request…
What sparked the latest $1,390 rumor In early November, social posts and aggregator sites began circulating headlines claiming the IRS had “confirmed” a $1,390 direct deposit for Americans in November 2025. One widely shared blog post framed the claim as…
Universal Logistics Holdings took a hard reset on its intermodal franchise in the third quarter, recording $81.2 million in non-cash charges that swung the carrier to a GAAP loss and overshadowed otherwise positive contributions from contract logistics and specialized trucking.…
Roadside sweep sidelines trucks and nets arrests at the WY–CO line Commercial enforcement teams from the Wyoming Highway Patrol and Colorado State Patrol conducted a joint operation on September 30, 2025, along U.S. 287 at the state line south of…
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…
