Operations, profitability, levering data
-
Will a Fuel Tax Holiday Provide Relief?
President Biden recently called for a fuel tax holiday to help reduce the costs at the pump. Will it help? Sure, a little bit. A little bit are the key words. The President is pushing for a three-month holiday that would remove the federal fuel tax. Currently, the federal tax is 18 cents per gallon […]
-
Opportunity Zones (Update)
Investing in an opportunity zone allows for taxpayers to both defer some capital gains and invest in great projects. CLA professionals put on a webinar exploring the potential benefits of investing in qualified opportunity funds (QOF). You can watch the recorded video and grab the materials here.
-
Solutions for your Workforce Challenges
Throughout the COVID-19 pandemic, small- and mid-market companies faced increased financial and operational concerns that have ranged from liquidity needs, compliance, and debt obligations to loss of production and supply chain disruption. However, when addressing workforce concerns, organizations that offer their employees the following have consistently emerged as better prepared to weather the uncertainty of […]
-
Driver Pay Continues to Soar
Demand for truck capacity remains high and critical to the overall efficiency to the supply chain, yet the shortage of qualified drivers remains. In an attempt to promote hiring and retention and combat this issue, a major trucking company in the US just released the most significant pay increases in company history for their drivers […]
-
A Closer Look at Operations
Freight transportation is typically a small margin business. There needs to be volume, usually miles traveled, to make a profit. The transportation market is also very fragmented with many small and medium sized carriers all competing for business against each other, as well as large carriers, which makes it extremely important to know the market […]
-
Bus Driver Shortage
With schools starting back up, most of what you hear is around politically hot topics like should kids be in person, should masks be required, and what’s in the curriculum. But maybe the bigger discussion should be, how are your kids going to get to school? Finding school bus drivers has certainly been challenging the […]
-
Motorcoach Companies Still Waiting for CERTS Guidance
The motorcoach industry has been devastated over the past year as a result of COVID. In December, the Consolidated Appropriations Act provided some help with $2 billion allocated to transportation relief grants (CERTS). It’s been nearly 3 months, and there still hasn’t been any formal guidance provided on the program itself. This week the Treasury […]