new member

teamnorth

Seasoned Expediter
hi all
i am a new member running team with fedex cc and have a question.i run a truck for an owner and was wondering if anybody else is paying for fuel tax on top of paying for fuel.we run a 60/40 split.also if somebody could explain how load insurance works we would greatly appreciate it.
good day and safe travels to all.:):)
 

LDB

Veteran Expediter
Retired Expediter
With good planning you can have a surplus in the fuel tax account at the end of the quarter. If you are responsible for the tax be sure it's also written in that you receive any quarterly refund. I don't work it as diligently as I should and still only owe $10-15 per quarter. Good luck to you and welcome.
 

teamnorth

Seasoned Expediter
leo thanx for reply but this is the second time all year that a charge has shown up and each time it has been for 45.00 dollars or more.:)
 

LDB

Veteran Expediter
Retired Expediter
Read the article in the newbies forum on fuel price vs cost. It's possible to avoid owing additional fuel tax at the end of the quarter with careful fuel purchase location selection. It's possible to even have a surplus at the end of the quarter.
 

jaminjim

Veteran Expediter
Team north do you mean two time in 12 months or do you mean 2 times in 2008? How long have you been driving for the owner, it makes a difference.
 

LDB

Veteran Expediter
Retired Expediter
In another post elsewhere you mentioned being charged freight insurance as well as the fuel tax plus accident insurance. It appears you are on a poor contract or no contract at all. None of this is meant to pick on you, it's meant to emphasize for others looking into expediting how important it is to be prepared and not jump into this.

It is vitally important before starting expediting to read back at least 1 year in the general, newbies and recruiter forums. You will find lots of discussion of splits and compensation systems for one thing. Commonly it's 60/40 and the 60 side should get 100% of the fsc not 60/40 on that. Some owners split everything 60/40 and those who failed to research and prepare know no better and are ripped off. Cargo insurance is a lease expense and the owner is the one leased to the company and should be paying it along with qc etc. costs.

I have no problem with drivers paying any extra fuel tax owed provided they are also entitled to any refund given since it's in their control over where/when to fuel and therefore the taxes paid/owed. The key is they get any refunds they generate as well.

I think drivers should pay their occ/acc insurance and cover tolls if they choose to use toll roads. They should be responsible for the deductible if an insurance claim is as a result of their at fault. All other costs of operating the truck are the owner's.
 

Jefferson3000

Expert Expediter
Coincidentally, can anyone name me the guy on XM who publishes a Top 5/Bottom 5 states for fueling value each week and is it published on a website, or just on the radio show?
 
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