International Fuel Tax Agreement is an agreement among states in the United States and provinces in Canada that simplifies the fuel use tax reporting for motor carriers that travel both inside and outside California.
A Weight-Mile (WMT) report is a monthly report of taxable Oregon miles operated for each vehicle in a fleet, by vehicle weight configuration. The WMT application generates monthly reports in compliance with the standard reporting formats by ODOT's Motor Carrier Transportation Division.
Sales to Out-of-State Purchasers are generally exempt from DMV fees and Sales Tax provided there is proof the delivery did occur outside of California. You must arrange the transportation and keep documentation (a shipping invoice, tow bill, bill of lading, etc.) to prove the vehicle left California.
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity and recognized as such in law for certain purposes. Early incorporated entities were established by charter. Most jurisdictions now allow the creation of new corporations through registration.
Broker authority is the permission granted by the government that allows you to facilitate load deliveries between shippers and carriers. Trucking operations and brokerages alike need to receive MC numbers before they can begin operations.
Vehicle. A US DOT number identifies carriers operating in interstate commerce while an MC number identifies a carrier who transports regulated commodities for hire in interstate commerce. Generally, items that have been changed from their natural state are regulated commodities requiring an MC number.
Drivers who transport property, operate large commercial vehicles, transport hazardous materials, or operate vehicles requiring a commercial driver's license need a motor carrier permit (MCP) as evidence they have registered their California Carrier Identification number (CA#) with DMV.
A CA Number, also known as California Number, is a number issued from the California Highway Patrol (CHP) and is necessary for identifying yourself as a California-based commercial vehicle. It is also a required item for obtaining a California Motor Carrier Permit (MCP).
Unified Carrier Registration (UCR) is a federally mandated system that requires commercial vehicle operators involved in interstate or international travel to register and pay a fee annually. The UCR Act of 2005 established the UCR system to replace the Single State Registration System (SSRS) and provide a sole means for states to recoup revenues from that system and other programs.
The Employer Identification Number, also known as the Federal Employer Identification Number or the Federal Tax Identification Number, is a unique nine-digit number assigned by the Internal Revenue Service to business entities operating in the United States for the purposes of identification.
The Federal Heavy Vehicle Use Tax Form 2290 is reported on your heavy highway vehicles year on year to stay on road. Generally the 2290 taxes are reported from July and August 31 is the deadline. However 2290 taxes are due based on the first use month on a public highway during the taxable period.
A BOC-3 filing, or Designation of Agents for Service of Process, is a federal form that transportation and logistics companies must file with the Federal Motor Carrier Safety Administration (FMCSA) to designate a process agent to receive legal documents on their behalf. The process agent must be located in each state where the company op
A BOC-3 filing, or Designation of Agents for Service of Process, is a federal form that transportation and logistics companies must file with the Federal Motor Carrier Safety Administration (FMCSA) to designate a process agent to receive legal documents on their behalf. The process agent must be located in each state where the company operates. The BOC-3 form is often required before a company is granted authority to operate.
A bond, also known as a fixed-income instrument, is a debt security that allows governments and companies to raise money by borrowing from investors. When an investor buys a bond, they are essentially lending money to the issuer in exchange for regular interest payments and the return of their investment when the bond matures
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