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The Daily Dash: Trucking's Payroll Tax Problem, Nikola's Surprise Order And Trucker Sentenced

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The Daily Dash: Trucking's Payroll Tax Problem, Nikola's Surprise Order And Trucker Sentenced

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, trucking ponders its next move following President Donald Trump's payroll tax deferment order. Plus, Nikola receives a huge order from an unexpected source; Cummins and Navistar ink a new deal; and a truck driver is sentenced for a crash that killed five.

When Is A Tax Break Not Really A Tax Break?

Will truck drivers and trucking companies see any additional money from Trump's payroll tax deferment order? Maybe not immediately, and if they do, there might be a big tax bill waiting at the end of the year. So what should they do now?

Brian Straight spoke with a top accounting expert: Trucking companies caught in Trump's payroll tax deferment order

That's A Lot Of Trucks

Nikola Motor has been on a roll in 2020, and that roll has just picked up steam. The company announced an order from Republic Services for 2,500 Nikola Tre battery-electric refuse trucks, with an option to expand that to 5,000 models.  

Alan Adler has the details on the ground-breaking order: Republic Services orders 2,500 electric refuse trucks from Nikola

A New Home

A Colorado truck driver will spend the next five years behind bars after he was sentenced for a Kansas crash that killed five people. Prosecutors said Kenny Ford never slowed down before slamming into at least three vehicles that had slowed in traffic.

John Kingston has more details: Truck driver – 5 yearsfor 2017 accident that killed 5

Friends Forever

Cummins (NYSE: CMI) and Navistar (NYSE: NAV) have a long-standing relationship, and that union will continue through at least 2026 as the two manufacturers reached a deal for Cummins to continue supplying diesel engines to the truck maker.

Alan Adler has all the details: Cummins gets long-term engine supply deal with Navistar

Stories we think you'll like:

Hydrogen fuel: Linchpin of electric truck maker Nikola's business

USPS online tracking restored after outage

Three charged in USPS truck driver's killing

Borderlands: Mexican auto production revs up; Trump OKs new international rail bridge

Did you miss this?

The. U.S. Postal Service has started to revamp the agency as it enters a crucial time for its survival. The question is, can it be saved, and at what cost?  

John Gallagher takes a look at the early changes: US Postal Service begins agency overhaul

Hammer down, everyone.

Brian Straight

Managing Editor

Click for more FreightWaves articles by Brian Straight.

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Photo by Josiah Farrow on Unsplash

 

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