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International Fuel Tax Agreement And Its Importance

June 7, 2021 IFTA DecalIFTA Fuel Tax ReturnsIFTA PermitIFTA Program

Before IFTA, truckers operating across state lines were required to file fuel tax in every state they passed through. The process was difficult and time-consuming which made staying in compliance challenging for truckers. It was obvious truckers need a faster and more efficient way to streamline the collection of fuel tax. This led to the establishment of the International Fuel Tax Agreement [IFTA]. Read on as Global Multi Services explain IFTA and its importance.

What Is IFTA?

The International Fuel Tax Agreement is an agreement for collecting and distributing fuel tax paid by interstate motor carriers. This agreement is made between the Province of Canada and the states in the US excluding Alaska, Hawaii, and the District of Columbia.

Under IFTA, motor carriers receive IFTA Permit and file a single Quarterly IFTA Fuel Tax Report in their base state. This information helps determine the fuel tax of each member state which is then paid by motor carriers to the base state. The fuel tax is then calculated based on miles covered by truckers in each state and redistributed to the member state.

Importance Of IFTA

Improves Efficiency And Accountability

All motor carriers and truck drivers under IFTA must meet specific qualifications. They are required to obtain their IFTA Permit and IFTA Decals annually and submit their Quarterly IFTA Fuel Tax Report to their base state. This ensures all taxes are paid on time and in a proper manner. IFTA also imposes fines and penalties for motor carrier and truck driver’s late reporting or payment. This helps everyone to be accountable, efficient and reduces error.

Reduces Paperwork

Research has shown that 15% of truck accidents are caused by driver’s fatigue and drowsiness. One of the things that contributed to this is the high volume of paperwork motor carrier drivers need to submit daily. Many truck drivers spend hours filing all kinds of forms and report instead of resting after a long trip. The establishment of IFTA has reduced the stress driver face with paperwork. Thus improving highway safety and reducing accidents.

How To Register For IFTA

IFTA registering is one of the most important processes to operate as a motor carrier legally in the US. All trucking company that requires an IFTA license needs to apply in their base state. The license application can be filled online and issued by the Department of Transportation for your state or other verified agencies. IFTA Permit requirements include USDOT Number, Federal Business Number, Registered Business Name, and Mailing Address.

After submitting your application, it will be processed and an official IFTA decal and IFTA license for the current year will be issued to you by the IFTA authority in your state. IFTA Permit expires every year therefore, you must register to obtain a new permit before the third month of the following year. Failure to do so can attract hefty penalties that can affect your trucking business.

Filing IFTA Fuel Tax Returns

IFTA Fuel Tax Return is filed to the motor carrier base state at the end of the fiscal quarter. The tax return shows the list of miles traveled by the motor carrier in all member states and gallons of fuel purchased there.

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Oregon PUC Permit: Safety Tips For Truckers While Driving

June 4, 2021 Oregon FilingOregon PermitOregon PUC Permit

Safety is one of the most important focuses when it comes to the trucking industry. Research has shown that many accidents that occur could be prevented by following simple safety precautions. As truck drivers, there are certain rules and regulations you need to adhere to every day to ensure your safety and the safety of other drivers on the road. Driving a truck is not an easy task, not to mention making a long trip. It takes discipline, commitment, and passion to be a good driver therefore, it is always good to follow the laid down rules to avoid possible disruption. Read on as Global Multi Services, a company that helps truckers obtain permits such as Oregon PUC Permit and also process Oregon Filing takes us through truck safety tips to keep you safe during transportation.

Check Your Brakes

The brake system is one of the most important components of the truck. It is the heart of the truck and without it the truck is useless. The brakes are also subjected to a lot of wear and tear therefore, improper inspection is often required.

Wear A SeatBelt

According to the survey, one out of six truck drivers does not wear a seat belt while driving. Wearing a seat belt regularly is one of the simplest safety measures you can take. Some drivers believe wearing a seat belt won’t make a difference in their safety when driving at a low speed. But wearing a seat belt is not just about the speed, it is also about out-of-control circumstances that can risk your safety.

Seatbelts make a huge difference by reducing the risk of injuries in any type of accident no matter the speed. It also saves lives in major accidents, therefore, wearing your seatbelt should be the first thing you do when you get into your truck.

Avoid Drinking

Driving for a long time can sometimes be stressful and boring, and you might want to grab some beer but you have to remember that your safety comes first. Taking alcohol can lead to inebriation and also put your life and the life of other people on the road at risk. Therefore avoid consuming any type of alcohol before and when you are driving.

Take All Document

Make sure you have all the documents that are required for your motor carrier including your permits such as Oregon PUC Permit, license, insurance, and other documents required for operating as a commercial motor carrier. Many truck drivers might forget this because they already have many shipping documents to worry about but it is also very important. Without the documents, you might not be able to enter some states.

For example, you can not travel through Oregon without obtaining an Oregon Permit, and failure to obtain it is a serious offense that can lead to a hefty penalty. At Global Multi-Services, we understand the importance of the Oregon Permit, that is why we help trucking companies to obtain it within a short time. Our team of experts will also help you process your Oregon Filing faster and post-haste.

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Kentucky KYU Permit: Tips For Running A Successful Trucking Business

June 2, 2021 Kentucky FilingKentucky Permit

Are you planning to start a trucking business and wondering if it will be successful or not? The trucking industry is one of the largest and fastest-growing industries in the US. It is also a lucrative business that generates great revenue. This means it has a promising future however, things might go south if you do not understand what it takes to run a profitable trucking business. Global Multi Services is here to make your first step easier by helping you with all the processing. We will tell you the types of permits such as the Kentucky KYU Permit you need to operate legally in the state.

Additionally, we can help you process your Kentucky Filing to relieve you of all the stress. Read on as Global Multi Services takes you through tips on how to run a successful trucking business in Kentucky.

Find A Good Location

The location of your office plays an important role in the success of your business. Your office should be located in a place where there is adequate parking space for both your working and customers. The location should also be easily accessible and traffic-free. This will help your drivers avoid traffic jams and late deliveries.

Buy Quality Truck

The trucks are your moving force and the life of the business. If you do not have a reliable and good truck to transport your customers freight, your business reputation will go downhill. Although used trucks are cheap, they can not be relied on. New trucks are more reliable, last longer, and have a warranty. Being sure your truck will not stop in the middle of anywhere because of defects helps you focus on other things.

Hire The Best Truck Driver

Truck drivers are the backbone of your business and they represent your business in front of your customers. Their action outside the office is a reflection of your company’s safety rating. Starting your trucking business with the best truck drivers in the US improves your business and also boosts customer satisfaction. They obey the government road regulations and drive respectfully. Find the best driver if you want to run a successful trucking business.

Get The Right Permit

You need to do all mandated registration and get permits such as Kentucky KYU Permit, IFTA Permit, IRP Plate, and others to operate legally as a commercial trucking company in Kentucky.  Failure to process your Kentucky Filing and other legal paperwork will lead to hefty penalties which can affect your business. At Global Multi Services, our team of professionals will help you process your Kentucky KYU Permit and Kentucky Filing hassle-free.

Follow The Rules And Regulations

Following the rules and regulations connected to your trucking company will keep you in business for a long time. It is important to know the ones you need to follow and the ones mandatory for your drivers.  You can also add those rules and regulations to your hiring policy. This will help you hire drivers with great driving records and are willing to follow the rules and regulations.

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