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CONTENTS<br />

JANUARY 2<strong>01</strong>8 • VOLUME 21 • ISSUE 1<br />

BUSINESS SOLUTIONS<br />

Interesting things<br />

to know:<br />

Tax Tips<br />

<strong>IC</strong> NEWS<br />

Page 12<br />

Martin Weissburg<br />

To Take Helm<br />

Of Mack Trucks<br />

Page 22<br />

PRODUCT PROFILE<br />

Tesla Unveils<br />

Electric Tractor<br />

s t a f f<br />

General Manager Megan Hicks<br />

Sales Manager Jerry Critser<br />

Creative Director Chad Singleton<br />

Administrative Staff Tammy Borrelli<br />

Charlene Abernathy<br />

Editor Sean O'Connell<br />

Advertising Account Executives<br />

Sean Hayes<br />

1.256.405.4<strong>01</strong>7<br />

seanh@htwoservices.com<br />

John Hicks<br />

1.770.4<strong>18</strong>.9789<br />

johnh@targetmediapartners.com<br />

Meg Larcinese<br />

1.678.325.1025<br />

megl@targetmediapartners.com<br />

Greg McClendon<br />

1.678.325.1023<br />

gregmc@targetmediapartners.com<br />

Carol Trujillo<br />

1.213.221.9993<br />

CarolT@targetmediapartners.com<br />

Page 36<br />

Wilshire Classifieds, LLC<br />

P.O. Box 2685<br />

Anniston, AL 36202<br />

(256) 237-28<strong>01</strong> • (256) 237-2802 Fax<br />

COPYRIGHT: Copyright 2<strong>01</strong>8 Wilshire Classifieds, LLC. Publisher<br />

as sumes no responsibility for unsolicited material. Reproduction in<br />

whole or in part without written permis sion is prohibited. All advertisements,<br />

and/or editorials are accepted and published by Publisher on<br />

the representation that the advertiser, its advertising agency, and/or the<br />

supplier of the contents are authorized to publish the entire contents and<br />

subject matter thereof. The advertiser, its advertising agency and/or the<br />

supplier of the contents will defend, indemnify and hold Publisher harmless<br />

from and against any loss, expense or other liability, resulting from<br />

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trademark infringement and any other claims or suits that may rise out of<br />

publication of such contents. Press releases are expressly covered within<br />

the definition of contents.<br />

Member of NATSO, Inc.


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BUSINESS<br />

SOLUTIONS<br />

INTERESTING<br />

THINGS TO KNOW<br />

By Shasta<br />

D. May<br />

Happy New Year! It’s that time again to<br />

start compiling the information you will need<br />

to have your 2<strong>01</strong>7 income tax return prepared.<br />

Here are some common questions asked at tax<br />

time about what tax information you will need<br />

to get together.<br />

What is the best way to get my expenses<br />

ready to do my taxes?<br />

Separate all your business expenses by category<br />

such as fuel, maintenance, repairs, tires,<br />

insurance, telephone, tools, supplies, etc. Your<br />

expenses will come from your settlements, bank<br />

statements, cash payments, credit card charges<br />

and equipment contracts. Since most of you use<br />

the per diem meal allowance, you will need to<br />

count your days away from home working from<br />

your logs to get a total for the year. This total<br />

will be used to calculate your meal deduction.<br />

If you use your personal vehicle for business<br />

(picking up truck parts, business banking,<br />

picking up supplies) you can write-off business<br />

miles but you must know total miles put on<br />

vehicle for the year and of the total miles how<br />

many miles were for business.<br />

I bought a new truck last year. What do you<br />

need for my taxes?<br />

You will need a copy of the purchase agreement<br />

on the new equipment and information on<br />

the sale of any equipment sold, if applicable.<br />

What other documentation might I need to<br />

gather?<br />

• Escrow statements for the purchase, sale or<br />

refinance of property.<br />

• Confirmations from charities for donations.<br />

• Indicate the amount and date of any estimated<br />

taxes paid.<br />

• If taking home office deduction, square footage<br />

of home and square footage of office space,<br />

in addition to breakdown of annual utility bills.<br />

What other deductions should I look for?<br />

You should be aware of the following items;<br />

mortgage interest, property taxes, interest and<br />

dividend income, income from sales of stock<br />

and rental property information. Remember, if<br />

you sold stock, you will need to know when it<br />

was originally purchased, how much you paid<br />

for it, and the date and amount of sale. If you<br />

sold a property, you will need to know date<br />

acquired, its cost, and the cost of any improvements<br />

over the years.<br />

You want to make sure you compile and save<br />

all documentation (statements, settlements,<br />

receipts, contracts) for everything that appears<br />

12 INDEPENDENT CONTRACTOR 2<strong>01</strong>8 www.TruckDriverMagazines.com


BUSINESS<br />

SOLUTIONS<br />

on your tax return in the event of an audit.<br />

Usually tax preparers send out an income tax<br />

organizer or worksheet<br />

to their clients to make<br />

the information gathering<br />

process easier. If<br />

you did not receive a<br />

tax organizer from your<br />

tax preparer you are<br />

welcome to call us and<br />

get one free of charge.<br />

We recommend using a tax organizer from a tax<br />

preparer who specializes in the trucking industry.<br />

What are some of the most common<br />

forgotten deductions?<br />

Remember that all expenses in connection<br />

with creating your income and operating your<br />

truck are usually deductible. Remember small<br />

items add up and are always worth tracking.<br />

1. Access Fees: Internet Service, Qual<br />

comm, Satellite<br />

2. Administrative Fees: Bank Account<br />

Charges, ATM fees, Check Reorder Fees<br />

3. Annual Credit Card Fees<br />

4. Association Dues<br />

5. Bedding for sleeper<br />

6. ComData/ComCheck Fees<br />

7. Computer Software/Software Support<br />

8. Cleaning Supplies: Windex, Paper<br />

Towels<br />

9. Fax Fees<br />

10. Interest (equipment loans/business loans/<br />

business credit cards)<br />

11. Office Supplies (paperclips, envelopes,<br />

folders, etc.)<br />

12. Postage and Delivery Fees<br />

13. Safety Gear (gloves, work boots)<br />

14. Security Costs<br />

15. Trucking/Business Related Subscriptions<br />

16. Weather Gear<br />

17. XM Radio<br />

This article has been presented by MBA Tax<br />

& Bookkeeping Service, a company proud<br />

to provide Corporate/LLC filings, income tax,<br />

bookkeeping and IRS problem resolution<br />

services to truckers in states. If you would<br />

like additional information or have questions,<br />

calls are always welcome. Contact us at<br />

(888) 407-1669 or visit our website at www.<br />

mbataxhelp.com.<br />

This article is provided for informational purposes<br />

only and is not intended as legal or tax<br />

advice. Each individual business situation is<br />

different and the information contained herein<br />

is meant for general information purposes<br />

only. Specific tax and legal recommendations<br />

can only be made after an individual<br />

has consulted his or her qualified tax or legal<br />

professional.<br />

14 INDEPENDENT CONTRACTOR 2<strong>01</strong>8 www.TruckDriverMagazines.com


NEWS<br />

Independent Contractor<br />

January 2<strong>01</strong>8<br />

Employers Add 228K<br />

Jobs, For-Hire Trucking<br />

Increases By 1,800<br />

U.S. employers added a robust 228,000<br />

jobs in November, a sign of the job market’s<br />

enduring strength in its ninth year of economic<br />

recovery.<br />

The unemployment rate remained at a<br />

17-year low of 4.1 percent, the Labor Department<br />

reported.<br />

For hire trucking added 1,800 jobs, according<br />

to Labor Department data.<br />

The<br />

economy is<br />

expanding<br />

at a healthy<br />

pace, and in<br />

many cases<br />

employers<br />

are scrambling<br />

to<br />

hire enough<br />

qualified workers. Over the past six months,<br />

economic growth has exceeded an annual<br />

rate of 3 percent, the first time that’s happened<br />

since 2<strong>01</strong>4. Consumer confidence has<br />

reached its highest level since 2000.<br />

Still, solid hiring and a low unemployment<br />

rate have yet to accelerate wages, which<br />

rose 2.5 percent in November compared with<br />

a year earlier. The last time unemployment<br />

was this low, average wages were growing at<br />

a 4 percent annual rate.<br />

Highway Transport<br />

Named Carrier of the Year<br />

Highway Transport was awarded “Carrier<br />

of the Year” at the recent Dow Carrier<br />

Conference in Midland, MI. This award is<br />

presented to a carrier who achieves the following:<br />

• High level of service greater than or<br />

equal to 98% on-time delivery<br />

• Great Safety Performance<br />

• High Tender Acceptance<br />

• Best Customer Service/<br />

Responsiveness to Dow<br />

• Network Complexity<br />

• RESPONSIBLE CARE Certified<br />

• Competitive Pricing<br />

The Dow Carrier Conference was held<br />

October 5th near Dow headquarters in<br />

Midland, Michigan. Here is a comprehensive<br />

list of all awards presented to Highway<br />

Transport:<br />

Silver Safety Award - No serious or<br />

moderate carrier caused transportation<br />

incidents, and no more than one carrier<br />

caused minor or event severity incident/10,000<br />

shipments.<br />

Road Sustainability Award (2nd Place)<br />

Emergency Response - for Hurricane<br />

Harvey<br />

Carrier of the Year<br />

Vice Chairman Greg Watkins says, “Most<br />

of the time you will hear every tanker trucking<br />

company repeat the phrase, ‘safety is the<br />

most important thing,’ and this holds true at<br />

Highway Transport…from the driver room<br />

to the tank wash to my office at corporate<br />

headquarters. But here is what distinguishes<br />

Highway Transport from other carriers.<br />

We have a reputation for embracing each<br />

22 INDEPENDENT CONTRACTOR 2<strong>01</strong>8 HUNDREDS OF JOBS www.TruckJobSeekers.com


Independent Contractor<br />

NEWS<br />

employee like family. Drivers are told from<br />

the start ‘We want you to work as safely as<br />

possible, because we want to get you home to<br />

your family.’”<br />

“Driver’s don’t leave us,” adds Marshall<br />

Franklin, Highway Transport President &<br />

CFO, “Even though we have stricter, more<br />

stringent safety policies than most, we have a<br />

low employee turnover. Our focus on family<br />

ties directly into our culture of safety.”<br />

Martin Weissburg To<br />

Take Helm Of Mack<br />

Trucks June 1<br />

Martin Weissburg, currently president of<br />

Volvo Construction Equipment, will become<br />

president of Mack Trucks effective June 1,<br />

2<strong>01</strong>8, in which capacity he will continue to<br />

be a member of the executive board for the<br />

Volvo Group.<br />

Mack Trucks is one of two OEMs under<br />

the Volvo Group, the other being Volvo.<br />

Weissburg was born in 1962, and has<br />

served as president of Volvo Construction<br />

Equipment since 2<strong>01</strong>4.<br />

24 INDEPENDENT CONTRACTOR 2<strong>01</strong>8 HUNDREDS OF JOBS www.TruckJobSeekers.com


Independent Contractor<br />

NEWS<br />

Courtsey: Volvo Group<br />

Martin Weissburg<br />

He joined the Volvo<br />

Group in 2005 as president<br />

of Volvo Financial Services Americas, and<br />

in 2<strong>01</strong>0 became global president of Volvo<br />

Financial Services.<br />

He will be headquartered in Greensboro.<br />

Weissburg will succeed Dennis<br />

Slagle, who has led the company<br />

since 2008.<br />

Effective June 1, 2<strong>01</strong>8, Slagle<br />

will remain with the Volvo Group as<br />

a special projects leader reporting to<br />

Martin Lundstedt, president and CEO.<br />

“Thanks to Denny<br />

Slagle’s leadership,<br />

the Volvo Group’s<br />

North American truck<br />

business has substantially<br />

improved its<br />

profitability and competitiveness,<br />

and is<br />

strongly positioned for<br />

the future,” Lundstedt said. “In Marty Weissburg,<br />

Mack Trucks will have another proven<br />

leader who is passionate about realizing the<br />

full potential of this great truck brand.”<br />

26 INDEPENDENT CONTRACTOR 2<strong>01</strong>8 HUNDREDS OF JOBS www.TruckJobSeekers.com


PRODUCT<br />

PROFILE<br />

Tesla Unveils Electric Tractor<br />

After more<br />

than a decade of<br />

making cars and<br />

SUVs — and,<br />

more recently,<br />

solar panels —<br />

Tesla Inc. wants<br />

to electrify a<br />

new type of vehicle: big trucks.<br />

The company unveiled its new<br />

electric semitractor-trailer near its<br />

design center in Hawthorne, California.<br />

CEO Elon Musk said the semi is capable<br />

of traveling 500 miles on an electric charge<br />

— even with a full 80,000-pound load — and<br />

will cost less than a diesel semi considering<br />

fuel savings, lower maintenance and other<br />

factors. Musk said customers can put down a<br />

$5,000 deposit for the semi now and production<br />

will begin in 2<strong>01</strong>9.<br />

“We’re confident that this is<br />

a product that’s better in every<br />

way from a feature standpoint,”<br />

Musk told a crowd of Tesla fans<br />

gathered for the unveiling. Musk<br />

didn’t reveal the semi’s price.<br />

The truck will have Tesla’s<br />

Autopilot system, which can<br />

maintain a set speed and slow<br />

down automatically in traffic. It<br />

also has a system that automatically<br />

keeps the vehicle in its lane.<br />

Musk said several Tesla semis<br />

will be able to travel in a convoy, autonomously<br />

following each other.<br />

Musk said Tesla plans a worldwide network<br />

of solar-powered “megachargers” that<br />

could get the trucks back up to 400 miles of<br />

range after charging for only 30 minutes.<br />

36 INDEPENDENT CONTRACTOR 2<strong>01</strong>8 HUNDREDS OF JOBS www.TruckJobSeekers.com


PRODUCT<br />

PROFILE<br />

The move fits with<br />

Musk’s stated goal for<br />

the company of accelerating<br />

the shift to<br />

sustainable transportation.<br />

Trucks account<br />

for nearly a quarter of<br />

transportation-related<br />

greenhouse gas emissions<br />

in the U.S., according<br />

to government statistics.<br />

But the semi also piles on more chaos at<br />

the Palo Alto, California-based company.<br />

Tesla is way behind on production of the<br />

Model 3, a new lowercost<br />

sedan, with some<br />

customers facing waits<br />

of <strong>18</strong> months or more.<br />

It’s also ramping up production<br />

of solar panels<br />

after buying Solar City<br />

Corp. last year. Tesla<br />

is working on a pickup<br />

truck and a lower-cost<br />

SUV and negotiating a new factory in China.<br />

Meanwhile, the company posted a record<br />

quarterly loss of $619 million in its most<br />

recent quarter.<br />

38 INDEPENDENT CONTRACTOR 2<strong>01</strong>8 HUNDREDS OF JOBS www.TruckJobSeekers.com


42 INDEPENDENT CONTRACTOR 2<strong>01</strong>8 HUNDREDS OF JOBS www.TruckJobSeekers.com


ADVERTISER<br />

INDEX<br />

COMPANY PAGE COMPANY PAGE<br />

Admiral Merchants ................. 13, 33<br />

Atlas World group .....................27<br />

Baggett Transportation............... <strong>18</strong>, 41<br />

BCT ................................42<br />

Cargill Logistics .................... 23, 47<br />

Carrier Logistics, LLC....................6<br />

CRST Malone...................... 16, 45<br />

EM Way Inc.. .........................38<br />

Fed EX Custom Critical ............... 5, 28<br />

Hurricane Express . . . . . . . . . . . . . . . . . . . 8, 30<br />

Landstar ......................... 20, 48<br />

McCollister's ...................... 10, 37<br />

Mercer Transportation ..................25<br />

Miller Truck Lines .....................26<br />

New Waverly .................. 2-3, 34-35<br />

Page Trucking ..................... 29, 46<br />

Progressive Insurance . . . . . . . . . . . . . . . . . . 24<br />

RTI..................................9<br />

Sherwin-Williams.................... 7, 31<br />

Skyview Transportation .............. 11, 32<br />

Stageline Express .....................19<br />

Star Freight ....................... 15, 39<br />

Tran Stewart ...................... 17, 43<br />

Truck Job Seekers. ....................40<br />

Turquoise Trucking. ....................42<br />

UPS Freight ..........................21<br />

46 INDEPENDENT CONTRACTOR 2<strong>01</strong>8 HUNDREDS OF JOBS www.TruckJobSeekers.com

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