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Where Did All the Truck Drivers Go?

The trucking industry has about 80,000 fewer available drivers today compared to a year ago. Currently, the OTR truckload driver count is at its lowest point since September of 2012. Knowing this, it comes as no surprise that many fleets are having trouble finding enough drivers. We took a look at some of the biggest factors that are causing the truck driver count to decrease and have some recommendations for what fleets can do to try and combat the limited driver supply.

 

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The Rearview Mirror Series Episode 4: Managing IRS Compliance

The keys to managing IRS compliance is being consistent - file taxes timely, pay as much as you can toward your quarterly tax estimates when they're due, and pay as much as you can toward any negotiated IRS settlements and being proactive - calling the IRS to let them know you may have trouble paying the full amount toward your settlement!

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Run Hard Now: Q4 2020

Below are a few of the trends and uncertainties we see going on today that make the duration of this high freight rate season specifically hard to forecast. This year’s unpredictability is why, as a business owner, you should consider running hard now while freight rates are high to position yourself successfully & give you more financial flexibility in case freight rates change suddenly.

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What Would a Nationwide A.B.5 Mean for Fleets and Owner-Operators?

Assembly Bill 5 (A.B. 5) is a California law that restricts businesses from classifying workers as independent contractors rather than employees. These stricter employee classification laws, especially those at the state level, have momentum, and federal changes could be on the horizon depending on the results of the election. This means your fleet should prepare for the possibility of A.B. 5-type legislation becoming the law of the land.

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Tax Moves for Truckers to Make Before Year End

2020 is almost over which means it’s time to make sure you have minimized your tax bill for the year. There are many things you can begin doing now to make filing your tax return as easy as possible and reduce the amount you owe. Let’s take a look at a few of the most important tax moves to make before 2020 comes to an end.

 

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Winterizing Your Truck: A Step-By-Step Plan

Actively taking steps to prepare your truck for winter is crucial for keeping your costs down, and staying safe in the cold, snowy months. Follow these guidelines and get your truck ready - winter is just around the corner!

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The Best and Worst States for Outbound Freight

As a truck driver, you want to always be pulling a load. This means that after you deliver a shipment, you want to be loading up a new load that same day and bringing it back home.

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Tax Resolution for Truck Drivers

What should you do if you are behind with the IRS? You may hear all kinds of advice out there, but the reality is that much of what you hear is either incorrect, misguided, or not appropriate for owner-operators in the trucking industry. If you’re a trucker who needs help with tax resolution, then we recommend following ATBS’ Proven Path to getting out of debt with the IRS. Let us show you how!

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The Rearview Mirror Series Episode 3: Negotiating with the IRS

In this episode of the Rearview Mirror Series, we explain the general process of what goes into preparing for an IRS negotiation, as well as the basics of how the IRS call goes.

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