IFTA – Fuel Tax Reporting 101

August 10th, 2011 @ masslogics // No Comments

So, what is IFTA exactly?  IFTA stands for International Fuel Tax Agreement.  This tax agreement is between the contiguous 48 US states and Canadian provinces.  The agreement accounts for how fuel taxes are distributed to the states or provinces where they are due. But wait, aren’t the fuel taxes collected when I purchase the fuel? [...]

business &News

Diesel Fuel Shortage In China, Truckers Blame CCP

November 10th, 2010 @ masslogics // No Comments

Apparently, truckers in other countries experience similar issues. US fuel prices skyrocketed in 2003-2006 due to higher consumption volumes in developing nations like China. Now it seems there are new issues, possibly created by the Chinese government itself. What would US truckers or the trucking industry as a whole do if our government were suspected [...]

fuel prices

Diesel Drops AGAIN!

September 12th, 2008 @ MReed // No Comments

For the eighth week in a row, diesel prices are down! This is welcome news to truckers who need to work and are not able to profit from their loads. As of this writing, diesel is down to $4.059. Although not great news, it’s certainly better than it was just a few short weeks ago. [...]

fuel prices

Oil Demand Continues to Slow as Prices Continue to Slide

August 17th, 2008 @ MReed // No Comments

As the demand for oil continues to decline the price of oil is declining right along with it. The price of oil has already dropped to under $114 for the first time since last May.Crude prices had been dropping quickly in recent weeks since the record high in July. Oil prices then took on a [...]

fuel prices

Diesel Prices Fell This Week

August 15th, 2008 @ MReed // No Comments

While the price of gas and diesel had been steadily growing in recent months, it may have finally taken a bit of a down turn over the last few weeks and be heading back down to more reasonable prices. Diesel fuel accounts for about eighteen percent of the total refined petroleum products used in the [...]

fuel prices

40,000 Trucks Parked

June 3rd, 2008 @ LiberalTrucker // No Comments

LiberalTrucker contributed this post for Masslogics Trucking News. Just compared to last year, the diesel prices in the country have gone up 60% and there is no indication that prices will be dropping. This has led the trucking industry and many other transport services to change their business practices- otherwise many will have to shut [...]

fuel prices &on the road &truck driver &trucking &trucking company

$4.35 Diesel Leaves Truckers no Choice

May 6th, 2008 @ admin // 2 Comments

Oakland, CA. At the Union Pacific Rail Terminal truckers have had enough. Trucks are pulling over in solidarity to protest the rising fuel costs they must shoulder. Most of the truck drivers are only being compensated for 12% of their fuel costs. “We want to work.” Said many of the owner-operator drivers, but they can’t [...]

fuel prices &truck driver &truck loads &trucking &trucking strikes

Don’t Take that Load! Part II

April 22nd, 2008 @ admin // 2 Comments

I know what you’re thinking, “I have to get home” or “If I’m parked I’m not making money.”  You’re right, and we are all guilty of using those reasons to take loads that we shouldn’t take.  But there are other things to consider, the main one being the cost to operate.  As an owner/operator or [...]

fuel prices &on the road &owner operator &truck driver &truck loads &trucking &trucking company