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Wednesday, November 13, 2019

2020: The Year of The Electric Semi?

Tesla semi truck
Electric semi-trucks are coming soon.

Volvo and Peterbilt have already rolled out fully electric semi-trucks. Daimler and Tesla have plans to release theirs sometime in 2020.

Tesla has generated significant buzz and pre-orders from large trucking companies. Could this be the beginning of the end for fossil-fueled semi-trucks?

Some experts aren’t so sure.


The future of electric trucks: Tesla semis

For starters, Tesla has made bold claims of fully electric semi-trucks with a 500-750 mile range.

Tesla's statements about their semi-trucks have been controversial, to say the least. Competitors like Daimler say it's impossible. Martin Daum of Daimler said:

"If Tesla really delivers on this promise, we'll obviously buy two trucks: one to take apart and one to test, because if that happens, something has passed us by. But for now, the same laws of physics apply in Germany and in California."

Microsoft founder and billionaire Bill Gates also weighed in on the issue saying, “Eventually batteries might work for a truck, but it’s a far more difficult problem because the weight is a lot higher there.”

Daimler, Peterbilt, and Volvo meanwhile are all promoting day cab models with expected ranges well under 500 miles.

Daimler quotes about 250 miles, Peterbilt about 133 miles, Volvo about 186 miles.


Nikola semi truck trying to beat Tesla semi truck

Startups: Nikola semis & Xos Trucks

There are a number of other companies with plans extending farther into the future.

For instance, newcomer Nikola is planning both fully electric and hydrogen fuel cell semi-trucks for the near future.

The release date projected for Nikola semis is around 2022.

Xos Trucks (formerly Thor Trucks) also had plans to push out electric trucks with a 100-mile range this year, but so far there is no word on when that will actually happen.


Will Tesla semis overtake diesel?

What do you think? Will diesel ever be phased out? Will trucking become entirely autonomous?

One thing is for sure. Until that happens, you’ll still need a trucking dispatch system. Have you heard about our sister product TruckLogics?

They offer dispatching, invoicing, IFTA compliance and so much more. You can get a 15-day free trial with no obligation!





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Thursday, November 7, 2019

So. What Happens If I File IFTA Late?

Trucker filing IFTA quarterly report form online with express truck tax
Well. That depends on how late you are. And since there are four quarterly deadlines each year, it’s easy to forget to file IFTA. We wouldn't recommend that, though. No need to fork out more money towards taxes than you already are.

If you file IFTA one month late.

In the first month, you will be slapped with an additional fee of $50 or 10% of the tax you owe, whichever is greater. That $50 might not sound like much, but let’s put it in perspective.

The actual amount you will owe for IFTA will vary widely, depending on factors like the miles you drove in each jurisdiction and how much fuel was purchased and consumed.

So, for example, let’s say you would have owed $300 for the quarter. This is already a lot to be forking out. But after forgetting for that first month, you will be looking at another $50 penalty on top of that. After a month, you already owe $350.

If you file IFTA more than one month late

But let’s say you fail to file IFTA even longer. Well, you’re going to get another .4167% tacked on each month.
So if you forget to file IFTA for three months, you’ll owe $353.75.

Are you starting to see why it’s important to file IFTA on time? When these kinds of unnecessary expenses pile up, they can sink a business.

And did we mention that your base jurisdiction reserves the right to suspend or even revoke your IFTA license? That’s right. Not filing your IFTA form can get you in big trouble.

Trucker filing IFTA quarterly report form online with express truck taxGenerate your IFTA quarterly report form in minutes

The easiest way to avoid paying these unnecessary late penalties is to generate your IFTA quarterly report form with our sister-product Express IFTA. They make it simple it for you.
Express IFTA is user-friendly, and it does all the complicated calculations for you. Just input your information and Express IFTA will generate a highly-accurate form you can file with.
Best of all, you’ll get a report starting at just $19.90.



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