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Insights from an Affordable Truck Insurance Lawyer on Downtime Claims
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Executive Summary Per diem is one of the most practical tax tools available to owner-operators and small trucking companies. When used correctly, it allows you to reduce taxable income without complicated recordkeeping. For 2026, the IRS per diem rate is $80 per day, and 80% of that amount is deductible. Most drivers are surprised how […]
For carriers, growth is a sign of progress. More trucks on the road generally means more freight, more revenue, and more opportunities. But there’s a side of growth that often catches fleets off guard. As operations expand, cash flow can quickly get tight. This is what many in the industry refer to as the cash […]
Fleet loss recovery helps trucking companies recover lost revenue after accidents, downtime, or other disruptions that impact business operations. When a commercial vehicle in your fleet is involved in an accident (whether company driver or owner operator), the financial impact hits more than just that truck. It affects schedules, customer commitments, driver utilization, and overall […]
You run a tight operation. You know your drivers, your lanes, and your loads. But there’s one thing many owner-operators and small fleet managers overlook until it’s too late: a single unmanaged driver ticket—and its impact on trucking CSA violations—can quietly unravel everything you’ve built. This isn’t a scare tactic. It’s the reality of how […]
In the Trucking world, the buzz around profitability usually involves rates, fuel and Driver availability, rightfully so. However, there’s another cost quietly impacting operations every day – and most companies don’t even measure it! It’s the cost associated with manual processes. The Work That Becomes “Normal” In many transportation operations, the workflow looks like this: […]
When doing a trucking downtime calculation claim, depreciation is a non-cash expense—a tax tool. Depreciation is not a variable operating expense. Depreciation should not be deducted when determining a trucking business’s actual lost income due to a downtime claim. When commercial equipment is damaged and taken out of service, its owner continues to incur certain […]
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