Archive for January, 2013


trucking59Hours of Service and Compliance, Safety, Accountability (CSA), infrastructure funding and MAP-21 implementation are all a part of the House Highways and Transit Subcommittee’s oversight plan for the 113th Congress.

The plan was released last Wednesday as part of the overarching oversight plans for the House Transportation and Infrastructure Committee of which the subcommittee is a part.

Subcommittee assignments were also announced that day.

The oversight plan mentions that the trucking industry has raised concerns that the proposed HOS changes scheduled to go into effect July 1 are “overly complex, potentially reducing productivity. Additioonally, Law enforcement personnel have questioned whether the rules will require additional training for effective enforcement.”

Of particular interest to the trucking industry is the new 34-hour restart provision, which limits the use of the restart to once every 168 hours and requires two 1 a.m. to 5 a.m. periods.

MAP-21, the current surface transportation legislation passed last July, requires the FMCSA to study the restart provision.

The subcommittee said it would maintain close oversight of the rulemaking process to ensure the process furthers FMCSA’s primary mission of safety, “while ensuring the efficient movement of freight throughout the U.S. economy.”

Now, more than ever, it’s important to hire the best, to make sure that your business gets to market.

The Transportation Firm, LLC knows that your supply needs are unique. And that’s exactly why we’ve pooled together the best minds in the industry to create specific solutions customized to suit your ever-changing operating environment.

From precise design to seamless execution, our dedicated transportation professionals are involved every step of the way to provide you with the most accurate and economical transportation the industry has to offer.

The Transportation Firm, LLC

384 E. Goodman Road, Ste 242

Southaven, MS 38671

E-mail: info@transportfirm.com

“Integrity, Committment, Results”

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

Advertisements

DOT to Audit FMCSA’s CSA

trucking57The U.S. Department of Transportation’s Office of Inspector General has started an audit of the Federal Motor Carrier Safety Administration’s Compliance, Safety, and Accountability program.

Earlier this month, the Office of Inspector General (OIG) began assessing whether CSA has adequate controls to ensure the quality of the data used to evaluate carrier performance and risk. The office also will examine if the program effectively implemented enforcement interventions.

The House highways and transit subcommittee held a Sept. 13 hearing over concerns regarding Compliance, Safety, and Accountability (CSA) data and methodology. Rep. John J. Duncan Jr. (R-Tenn.) then subcommittee chairman and ranking member Peter DeFazio (D-Ore.) requested the OIG report on the program by Aug. 1.

The OIG will coordinate its audit with the Government Accountability Office, which was mandated in a 2011 appropriations bill to review CSA’s identification of high risk carriers.

Now, more than ever, it’s important to hire the best, to make sure that your business gets to market.

The Transportation Firm, LLC knows that your supply needs are unique. And that’s exactly why we’ve pooled together the best minds in the industry to create specific solutions customized to suit your ever-changing operating environment.

From precise design to seamless execution, our dedicated transportation professionals are involved every step of the way to provide you with the most accurate and economical transportation the industry has to offer.

The Transportation Firm, LLC

384 E. Goodman Road, Ste 242

Southaven, MS 38671

E-mail: info@transportfirm.com

“Integrity, Committment, Results”

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

trucking54The hard enforcement warning issued by the Unified Carrier Registration board, which announced months ago that hard enforcement was a sure thing on Jan. 1, 2013, and there would be no exceptions – has now changed.

The UCR requires individuals and companies that operate commercial motor vehicles in interstate or international commerce to register their business and pay an annual fee based on the size of their fleet. Those fees are now due, and compliance is routinely verified during roadside inspections.

Normally, there is a 30-day “soft enforcement” period – and on Feb. 1 of each year, the serious enforcement begins. In 2012, the UCR board voted to do away with the soft enforcement and begin hard enforcement Jan. 1. According to OOIDA General Vice President Woody Chambers, who serves on the UCR board representing owner-operator carriers, hard enforcement has now been delayed until Feb. 1.

The repository and national online pay site for the UCR registrations is maintained by the state of Indiana. They notify the Federal Motor Carrier Safety Administration when a motor carrier has paid the fee.

Chambers said at the end of December, the Indiana Department of Revenue notified the Commercial Vehicle Safety Alliance that a mysterious problem was preventing the uploading of 2013 registrations to from the Indiana system to the FMCSA. This problem makes it impossible for state motor carrier enforcement to know which trucking companies have paid and which are scofflaws. A delay was recommended.

On Jan. 1, CVSA issued a bulletin to enforcement personnel verifying that roadside enforcement would not be effective until Feb. 1, 2013. According to the Indiana Department of Revenue’s Deputy Commissioner Jim Poe, if the problem is not fixed soon and another delay is necessary, the UCR board will be asked to vote on a new recommended enforcement date.The following 41 states currently participate: Alaska, Alabama, Arkansas, California, Colorado, Connecticut, Delaware, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin and West Virginia.

If you belong to OOIDA and have questions or need assistance paying your UCR fee, call the Permitting and Licensing Department at OOIDA’s Business Services Department at 800-444-5791.

Now, more than ever, it’s important to hire the best, to make sure that your business gets to market.

The Transportation Firm, LLC knows that your supply needs are unique. And that’s exactly why we’ve pooled together the best minds in the industry to create specific solutions customized to suit your ever-changing operating environment.

From precise design to seamless execution, our dedicated transportation professionals are involved every step of the way to provide you with the most accurate and economical transportation the industry has to offer.

The Transportation Firm, LLC

384 E. Goodman Road, Ste 242

Southaven, MS 38671

E-mail: info@transportfirm.com

“Integrity, Committment, Results”

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

The Taxman Cometh

trucking52It’s a New Year, and like it or not, it’s time to prepare for tax season. Here are a few tips to get your trucking business ready for tax time.

1. Keep Accurate Records

Whether you plan to file taxes yourself or hire a professional, the most important first step you can take is to get yourself organized and know what you need to keep and what you can throw away. It is important to maintain the right records to keep the tax man off your back. These include receipts, invoices and bank statements.

One good way to stay organized is to simply get a box of envelopes at the local truckstop and start putting every receipt for that month into one envelope that you label January or whichever month you are in.

2. Track Payments to Subcontractors

If you paid anyone for any work last year, that person was most likely a subcontractor, and if youve given work to a subcontractor you must keep track of those payments.

For payments to a subcontractor that were more $600, he or she must “>complete a W-9 form and return it to you. Its simple enough to be filled out at a long stoplight, although you may wish to advise your subcontractor not to fill it out until theyre safely pulled over!

Have any subcontractor complete this form if you suspect he or she will be paid at least $600 during the year.

3. Take Advantage of Tax Deductions

There are countless tax deductions that small business owners such as you can take advantage of.

A tax deduction is an expense, something you paid for during the year to run your business. This expense gets subtracted from your taxable income and is called a tax deduction. The less taxable income you have, the less tax you pay.

4. Consider Hiring a Tax Professional

As an owner-operator, youre a do-it-yourselfer. However, unless you are very adept at tax preparation, Uncle Sam may become an uninvited guest in your lif.! So it pays to hire a professional.

According to Scott Christensen, director of tax at Equinox Owner-Operator Solutions,

There are well over 72,000 pages in the IRS tax code. While nobody has memorized every tax law, a professional can help make sense of your taxes and get them right the first time.

Since taxes are perhaps the most complicated part of an Owner Operator’s life , it will be worthwhile to start thinking about your taxes early and begin considering what you need to focus on in order to have your trucking business ready for tax season.

Now, more than ever, it’s important to hire the best, to make sure that your business gets to market.

The Transportation Firm, LLC knows that your supply needs are unique. And that’s exactly why we’ve pooled together the best minds in the industry to create specific solutions customized to suit your ever-changing operating environment.

From precise design to seamless execution, our dedicated transportation professionals are involved every step of the way to provide you with the most accurate and economical transportation the industry has to offer.

The Transportation Firm, LLC

384 E. Goodman Road, Ste 242

Southaven, MS 38671

E-mail: info@transportfirm.com

“Integrity, Committment, Results”

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!