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
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.
Click for more FreightWaves articles by Brian Straight.
You may also like:
Truckers, small fleets can now bid for dedicated freight through Convoy
C.H. Robinson, Microsoft partner to boost supply chain digitization
Photo by Josiah Farrow on Unsplash
See more from Benzinga
Report: Climate Change, Air Quality Concerns Drive Clean Truck Adoption
Convoy Offers Factoring At 0% Rate; Fuel Card With 63 Cents Per Gallon Average Savings
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.