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

Swift Reduces Fuel Costs while Maintaining Supply Security

August 16th, 2010 @ masslogics // No Comments

Truckload carrier Swift Transportation has extended its contract for Fuel Management System software and services from FuelQuest Inc. Trucking News

News

Heavy-truck speed governors would increase fuel efficiency

July 27th, 2010 @ KKSales // No Comments

 President Obama has ordered the Environmental Protection Agency (EPA) and the Department of Transportation (DOT) to develop national standards for heavy truck fuel economy and reduced emissions by 2014. The goal is to increase fuel efficiency and decrease the greenhouse gas pollution caused by the heavy commercial vehicles. Fuel savings can be achieved and pollution [...]

commercial trucks &driving &fleet management &fuel prices &trucking

IFTA Made Easy

July 8th, 2010 @ masslogics // No Comments

Ask any tax professional what IFTA is, and most of them won’t have a clue.  The IFTA Report is one of the most complex computations that any small business has to do.  Trucking professionals can spend hours compiling all the miles driven by their fleet by state, and figuring out all the fuel purchased by [...]

business &fleet management &trucking software

Canadian Truckers Have Diesel Again, But for how Long?

November 18th, 2008 @ MReed // 2 Comments

In Canada, truckers have had a difficult time getting any diesel, especially in Western areas of the country. Now they have diesel, but there’s no guarantee that it will last. When refineries can shut down for maintenance, and how much notice they have to give regarding that shut down, is at the heart of the [...]

fuel prices

Diesel Prices Still Hurting Truckers

October 23rd, 2008 @ MReed // One Comment

Gasoline prices have come down, so you might think that truckers are doing better than they were. However, the price of diesel is still hurting many of them. Even though a gallon of diesel has gone down by almost a dollar in the last month, it’s still priced too high to pull the industry out [...]

fuel prices

Looking for Free Gas?

October 1st, 2008 @ MReed // No Comments

Isn’t everyone? In these tight economic times, who wouldn’t want to get free gasoline? Well, if you’re a California lawmaker, you’re in luck!That’s the only state where the lawmakers get free gasoline. They’re given a charge card that they use to buy their fuel. When the bill comes in, it’s the taxpayers who have to [...]

trucking

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

Biofuel Law in Massachusetts

August 16th, 2008 @ MReed // 2 Comments

Massachusetts Govenor Deval Patrick has signed the Clean Energy Biofuels Act which is a law that will promote the use of biofuels. The law requires biofuel content in all diesel and home heating fuel sold in the state which is expected to reduce greenhouse gas emissions by at least 50% in the state. This new [...]

go green

Electric Truck Stops Save Truckers Money

August 14th, 2008 @ MReed // No Comments

The new “electrified” truck stops are getting noticed more and more as the price of fuel continues to soar. In addition to being able to hook up to these new additions at truck stops and receive air conditioning, cable and internet through nifty yellow tubes, the benefits of these tubes go much further. Most importantly, [...]

driving &fuel prices &go green