Posted on January 25, 2019
The Tax Cuts and Jobs Act has resulted in significant changes to tax law not seen since the Reform Act of 1986. With modifications made to multiple tax codes, trucking companies need to be ready to address the changes. The following are some of the most significant alterations trucking businesses need to prepare for:
- Depreciation and equipment deals. Prior to the new tax law, businesses could only take advantage of bonus depreciation for new equipment. Now, lawmakers expanded this coverage to used equipment as well. In addition, trucking companies will be able to write off 100% of the cost of depreciation under the new rules. This write-off will decrease by 20% starting in 2023 before closing out entirely by the close of 2026.
- Updates to per diem rates. The IRS issued increases to special per diem rates effective through September 30, 2019. They increased per diem rates for travel within the continental United States from $63 to $66 and travel outside of the continent from $68 to $71. Another significant change is employee drivers can no longer take the per diem deduction. Considering the driver shortage and retention challenges, this is a benefit trucking companies should consider carefully.
- Changes to tax rates. One of the primary objects of the tax reform was to encourage competition by reducing the corporate tax rate. C corporations now enjoy a tax rate of 21%, a significant decrease from the previous 35%. S corporations saw a 20% deduction for domestic business income that meets certain qualifications.
These tax changes will affect planning and budgeting for trucking companies in 2019 and beyond. Fleets need to develop long-term strategies to address these changes or they run the risk of missing out on potential tax savings. As always, we recommend you speak to your accountant and tax advisor to make sure these changes are applicable to you and your trucking operation. To learn more about risk management strategies and innovative truck insurance solutions, contact Interstate Motor Carriers today.
Posted on December 27, 2018
Maintaining a healthy diet and fitness routine is difficult for anyone, but truck drivers have a few additional challenges. However, overlooking poor food choices will catch up quickly in pounds, health problems, and even issues at work.
Eating healthy while on the road is a challenge every trucker needs to overcome. Adhering to the following tips can help simplify this issue:
- Eat less food at more frequent intervals. Eating big, heavy meals may feel satisfying for the moment, but it can cause problems for drivers later. Large meals weigh drivers down and make them drowsy, increasing safety risk. Eating more meals throughout the day with smaller portions can improve drivers’ metabolisms and help keep them alert.
- Ditch the sugary drinks. Many people think their food choices are causing their weight gain, but beverages can pack on the pounds as well. Sugary sodas, sweet tea, energy drinks, and even coffee can all rack up calories throughout the day. Truck drivers should try to make water their primary hydration source. If the lack of taste is an issue, drivers can try squeezing in a bit of lemon to add some flavor.
- Bring healthy snacks on the road. Packing ahead of time can help truck drivers avoid making poor food choices due to hunger. If drivers keep hummus, peanut butter, and a mix of fruits and vegetables with them, they can satisfy hunger cravings with healthy options instead of greasy, fried ones. Keeping a stock of nonperishable snacks such as granola bars, nuts, and trail mix can help as well.
- Plan routes with food in mind. While drivers have set routes, they can plan where they intend to stop to eat. If drivers wait until the last minute to look for food options, they may find themselves surrounded by fast food and not much else. However, if they take the time to identify delis or grocery stores on their route, they can find a healthy meal option.
Finding a routine that works best for maintaining a healthy lifestyle may involve a bit of trial and error for truck drivers. However, even if fast food is their only option, some restaurant chains offer healthy menu items. Check out our list of healthy fast food choices to learn more about staying safe and healthy while on the road. Contact Interstate Motor Carriers to learn more.
Posted on December 18, 2018
Truck drivers spend so much time on the road that it can be difficult to find an opportunity to go to the gym. While some gyms are open 24 hours, there is a limited number available and they may not be convenient on any given route. Many truck drivers don’t want to pay for a gym membership when they can’t use it regularly. This results in truck drivers neglecting their health and fitness.
However, truck drivers can perform many exercises without equipment or a gym. Research shows that regular exercise improves truck drivers’ physical health and mental health. To keep their minds and bodies in top condition, truck drivers can perform the following eight exercises almost anywhere and at any time:
- Dips. Dips are great to tone triceps, delts, and pecs. Trucker drivers can use a chair, tire, bumper, step or even perform this exercise directly on the ground.
- Lunges. This foundational bodyweight strength exercise is great for developing leg muscles. The lunge is suitable for beginners and can be used with additional weight to increase intensity. If truckers keep a set of dumbbells in their rig, they can get even more out of their lunge routine.
- Planks. This core exercise also works drivers’ arms, backs, and legs as well. It’s a great exercise to target a lot of muscles on the body. Much like push-ups, so long as drivers have room to extend their legs and brace their hands shoulder width apart, they can perform this exercise.
- Push-ups. Individuals can scale this exercise to meet their fitness level. So long as there is room for drivers to extend their legs back and space their hands shoulder width apart, they can perform the standard form of this exercise. Drivers just getting started on their physical fitness journey can perform push-ups from their knees or by leaning against a wall. Drivers can pass the time waiting on a load by doing a few sets of push-ups.
- Sit-ups/crunches. Drivers can perform these exercises straight from their sleeper. This makes it an ideal exercise to start the day. Waking up ten minutes earlier than usual to knock out a few sets of sit-ups can improve drivers’ abdominal strength and overall health. Drivers can even incorporate abdominal squeezes while they’re stopped at red lights or for the duration of certain songs on the radio.
- Squats. The squat is a lower body strengthening exercise that truckers can perform almost anywhere. It’s a highly functional exercise movement working major muscles of the hips and legs. To execute a superman, simultaneously raise your arms, legs, and chest off of the floor, then hold this contraction for 2 seconds. Drivers should remember to exhale during this movement.
- Superman. It may take truckers a while before they feel like superman, but they will definitely get in better shape if they add the superman exercise to their workout. The superman is a bodyweight movement that targets the posterior core and lower back muscles.
- Walking. Don’t underestimate the benefit of walking. Many truck stops include walking trails for this exact reason. However, in lieu of walking trails, truck drivers should try to increase the number of steps they take in any given day by parking in the farthest spot from their destination, and using stairs instead of elevators whenever possible.
Keeping truck drivers healthy has long-reaching effects. Healthy truck drivers are less prone to illness, which allows fleets to operate at optimum levels. Contact the experts at Interstate Motor Carriers to learn how we can help your trucking company.
Posted on November 21, 2018
Most people associate work-related back pain with jobs that require a lot of bending or heavy lifting. However, prolonged sitting can also be the source of back pain, something which many truck drivers know all too well. Truck drivers are often seated for hours on end, in a position that readily puts strain on back muscles and ligaments. If the issue remains unaddressed, this pain can spread into their necks and even their legs.
Preventing Back Pain
The best method of dealing with drivers’ back pain is to prevent it altogether. There are several methods to help keep drivers’ backs in better condition, to help mitigate the onset of back and neck pain:
- Exercise whenever possible. When drivers reach a rest stop or stop driving for the day, they should work out and stretch to reinvigorate muscles after a long period of disuse. Stretching is particularly important to help relieve tense muscles after sitting in one position for several hours.
- Invest in seat support. Truck drivers have many expenses and often try to keep costs down by limiting luxury purchases for their cab. However, ergonomic seat cushions are well worth the price tag. They provide support and correct drivers’ posture to prevent the pain associated with slouching into the seat.
- Focus on posture. While it’s not feasible to think about good posture every second of a long drive, there are some things drivers can do to prevent back pain, by changing some basic driving behavior. For example, many drivers carry their phones or wallets in their back pocket. Removing these before sitting down can improve posture and reduce muscle strain. And changing seat position, moving the height or angle of the seat, each and every hour, can reduce both muscle fatigue and mental fatigue.
Managing Back Pain
Once drivers strain their muscles, they should rapidly take steps to manage the pain before it becomes an injury. Some tips include:
- Ice the area. Applying an ice pack to sore muscles for around 20 minutes can help numb the pain, reduce the damage, and decrease swelling.
- Alternate cold with heat therapy. So long as the area is no longer numb and the swelling is gone, drivers can also use heat as a means to manage back pain. Heat can relieve pain and spasms as well as help warm up muscles before stretching.
- Take breaks. Pushing through pain is rarely worth it. Drivers who ignore their back pain in favor of reaching their destination faster risk increasing the pain and causing lasting damage.
When drivers take steps to prevent and manage back pain, they reduce the likelihood of an injury. Left unchecked, drivers could experience lasting health complications that keep them out of work. To learn more ways to reduce and manage trucking risk, contact the experts at Interstate Motor Carriers.
Posted on November 07, 2018
There is some confusion among motor carriers regarding commercial vehicle rentals. The Federal Motor Carrier Safety Administration (FMCSA) exempts short-term rentals from needing to use Electronic Logging Devices (ELDs) due to the duration of usage. Drivers who fall under this exemption may continue to use paper records of duty status (RODS) in lieu of an ELD; however, there are some limitations.
Updates to the TRALA Exemption
Some motor carriers are under the impression that the exemption applies to rentals for up to 30 days. This is incorrect. In March of this year, the 30-day exemption for short-term rentals expired. While the Truck Rental And Leasing Association (TRALA) petitioned FMSCA to extend the 30-day exemption through the end of 2018, FMCSA denied the request and an 8-day exemption went into effect.
Terms and Conditions of the Exemption
FMCSA provides some basic guidelines for commercial motor vehicle (CMV) rentals.
- The exemption applies to CMV rentals for eight days or less. Attempts to release the same CMV after eight days is a violation of the exemption.
- Rental drivers need a copy of the exemption letter while operating the CMV.
- Drivers must carry a copy of their rental agreement clearly stating who is renting the vehicle and the dates of the rental.
- Drivers must keep copies of their RODS for the current day and any preceding days during the applicable eight-day period.
- All other FMCSA regulations apply during the rental.
Another provision of the rental exemption is the carrier renting the CMVs must report any accident to FMCSA within five business days. When notifying FMCSA of the incident, motor carriers need to provide the following information:
- Provide the exemption explanation (TRALA)
- Date of the accident
- Location of the accident
- Name and license number of the driver and co-driver
- Number and state license number for the vehicle
- Number of people injured
- Number of fatalities
- The cause of the accident as reported by the police
- Any citations issued to the driver
- Total time the driver spent operating the vehicle as well as their on-duty time leading up to the accident
Carriers need to submit this information via email to MCPSD@dot.gov. Failing to comply with the above provisions can lead to FMCSA revoking exemption privileges. To learn more about this exemption, other safety provisions, and truck insurance solutions, contact the experts at Interstate Motor Carriers.
Posted on September 17, 2018
As Hurricane Florence continues its trek across the east coast, truck drivers are reminded now more than ever that hurricane season is still in full force. Although this summer has been relatively quiet concerning hurricanes, Florence made up for the calm with Category 4 winds and torrential rainfall. Weather events of this magnitude require that truck drivers need to take extra precautions to ensure their personal safety, and the safety of their trucks and cargo.
7 Steps to Prepare Truck Drivers For Sever Weather Events
Weather events like Hurricane Florence will have long-lasting effects on truckers, from closed roads, to flooded terminals, the impact of these events can dramatically impact drivers and fleets. The following steps can help truck drivers manage changes in their routine and stay safe during the storm:
- Cancel or reroute all deliveries that cross through the path of the storm.
- Allow for extra time to reach locations, and plan multiple alternate routes.
- Pay close attention to National Weather Service announcements (every two hours as the storm approaches). Many locals may believe the storm won’t be as significant the news portrays. Inaction can result in tragedy. Heed all local weather advisories and evacuation notices.
- Move all vehicles that won’t be used to higher ground in areas affected by the storm. The location should be free of trees, power lines, or any other objects that could impact the vehicle.
- Fill all vehicle fuel tanks prior to the storm, as power may be interrupted in many locations and cause delays in fuel deliveries. This can lead to closed fuel stations, long lines and increased prices at the pump in areas affected by the path of the storm.
- Perform a thorough pre-trip inspection to ensure tires, windshield wipers, and all lights are operational. Drivers do not want to be caught in bad weather when they discover a problem with their vehicle they could’ve addressed before they started driving.
- As always, slow down, increase driving distance, brake slowly, and make sure headlights are on during inclement weather.
Important Changes to HOS Rules for Hurricane Florence
Truck drivers in the most affected areas trying to evacuate don’t need to worry about violating hours of service (HOS) regulations. Both the Governor of North Carolina and South Carolina issued executive orders waiving HOS rules as well as Size & Weight requirements for truck drivers as they prepare for Hurricane Florence. The Federal Motor Carrier Safety Administration (FMCSA) also issued a Regional Emergency Declaration for Delaware, D.C., Florida, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia, and West Virginia exempting drivers from Parts 390-399 of Federal Motor Carrier Safety Regulations (FMCSRs). Restrictions do apply, so drivers should be sure to familiarize themselves with the Emergency Declaration.
A truck driver’s number one priority during a hurricane should be his or her safety. To learn more ways to reduce your risks, contact the experts at Interstate Motor Carriers.
Posted on September 05, 2018
Finding healthy entrees at fast food restaurants doesn’t need to be difficult. As consumers have become more health-conscious, restaurants have added lighter fare options to their menu. These selections are often under 600 calories and carry less fat content than the traditional burger and fries. Today, a healthy trucker lifestyle doesn’t have to go by the wayside just because the driver pulled into a fast food parking lot.
Some general rules for healthier eating include:
- Limit fried foods to once a week
- Minimize sugar intake (and stay away from prepackaged foods and sweets)
- Eat the vegetables you like, and consume large portions
In regards to veggies, many people feel like they have to keep up with trends. If kale isn’t your thing, don’t sweat it. All vegetables are good for you, so pick what you like.
How to Eat Healthy at Fast Food Restaurants
Many people think that fast food means high calorie meals. But many of the major chains offer some good options for truckers. The following are some of the healthiest options available at typical fast food locations:
- Chipotle. This chain offers a variety of healthy options—so long as truck drivers skip the tortilla. Chipotle offers taco salads that allow customers to load up on greens, veggies, chicken or steak.
- Panera Bread. This chain that offers a variety of healthy options so long as truck drivers resist temptation like the large mac and cheese which weighs in at 1,100 calories. The turkey avocado BLT is healthy and filling while the Greek salad with chicken is a guilt-free yet tasty choice.
- Burger King. The above two fast food options make it simple to stick to healthy choices. Traditional burger chains like Burger King pose more of a challenge. Truck drivers can keep the pounds at bay by opting for a chicken garden salad and keeping their dressing use to a minimum.
- Wendy’s. Wendy’s grilled chicken sandwich is a great alternative to a grease-laden burger. Consider swapping out their fries for some chili to increase your protein intake.
- Kentucky Fried Chicken. While fried is in its name, KFC does offer some healthier, grilled options. Their grilled chicken sandwich paired with some green beans are a great choice for truck drivers on the road.
Keeping truck drivers healthy is vital for both owner operators and managers of large fleets. Truck drivers need to learn and select the healthiest options available to them while they are out on the road. To learn more creative ways for truckers to stay safe and healthy, contact Interstate Motor Carriers.
Posted on August 27, 2018
Many owner operators and small fleets discount telematics, as large fleets are often construed as the primary buyers. However, this doesn’t mean smaller operations can’t benefit from telematics. The data provides valuable feedback for drivers and fleets, regardless of size. Telematics solutions can track acceleration, driver speed, fuel economy, idling time and braking metrics. Telematics can provide exact location data for all vehicles and trailers, extremely beneficial in the event of a stolen truck or lost trailer. Many small fleets write off telematics because they are often considered large scale applications and come with an equally large price tag. However, there are many cost effective solutions today, and even basic smartphone apps, that drivers and managers can use to obtain Telematics data. While a smartphone app alone would be cumbersome for larger fleets, a manager of a small fleet can track the data for a few trucks from the palm of their hand.
More robust Telematics solutions, from organizations like Lynx Telematics and DriverCheck offer some highly advanced features, though many of these organizations also offer an owner operator version of this technology. Here is sampling of features available from the DriverCheck Telematics solution:
• Driver Behavior-harsh brake/fast acceleration/speeding
• Posted speed limit analysis
• Maintenance alerts and reports
• GIS map integration
• 3rd party vendor software integration
• Driver ID
• Panic Button
• PTO/Accentuator Monitoring
• Unlimited user(s) access from any internet connected device
• Idle and start stop driving reports
• Client customization reports
• Email/text message event based alert notification
Though pricing and features vary widely, costs for Telematics can range from under $14 per month for one truck, to over $40 per month per vehicle.
Owner operators and smaller fleets need to embrace newer technologies to stay competitive. As functionality increases and costs decrease, even the smallest trucking firms can improve operations and profitability by utilizing these cloud based solutions. To learn more about mitigating your trucking risk, contact the experts at Interstate Motor Carriers.