Finance

TreviPay introduces advanced API integrations for dealer management systems
TreviPay has announced enhancements for dealer management systems for commercial equipment dealers servicing fleets.
September 25, 2024
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Fed cuts rates amid job worries
The Federal Reserve cut interest rates by half percentage point on Wednesday after signals it would do so. It’s the first rate cut since the first days of the COVID-19 pandemic.
September 20, 2024
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Sponsor Content
A Roadmap to Buying or Selling a Commercial Truck Dealership
Performance Brokerage Services
September 3, 2024
A Roadmap to Buying or Selling a Commercial Truck Dealership
TPS webinar shares how sales alone doesn't guarantee profitability
Growing sales doesn’t always grow your bottom line. Dr. Al Bates says you might have already known that, and during a TPS webinar Thursday shared how gross margin and expenses can larger drivers of profits.
September 19, 2024
Dashboard with sales margin and costs
Growth strategies
Volvo Group invests in aifleet
"Aifleet is addressing inefficiencies in the trucking industry in a differentiated manner, building technology and proving out its capabilities through their own fleet operations."
September 10, 2024
Volvo Group logo
Finance
TPS hosting webinar to help 'Improve the bottom line for your business'
Trucks, Parts, Service will host a free educational webinar 'Improving the Bottom Line for your Business,' sponsored by Fullbay and featuring Dr. Al Bates at 1 p.m. CT on Sept. 19.
August 20, 2024
Fullbay survey image
Finance
HDA Truck Pride bolsters national accounts program
HDA Truck Pride and TreviPay have announced a partnership to support HDA Truck Pride's new FUSE National Account Program.
June 20, 2024
Tax forms and person's hand
Finance
Veritas Advisors touts successful HD Repair Forum trip
Veritas Advisors, a merger and acquisition advisory firm with 15 years of aftermarket experience, recently announced its participation in the sixth annual Heavy Duty Repair Forum.
May 21, 2024
Man in blue sweater looks at laptop computer
Used trucks
NTP and Premium 2000 expand ELECTRONIX components coverage
National Truck Protection Co. Inc. is rolling out its new ELECTRONIX components coverage package to all its commercial truck equipment protection plans selling partners in the U.S. and Canada.
May 9, 2024
Man making financial calculation
Finance
Be ready for an FET-focused IRS audit
For truck and equipment dealers, though, the federal excise tax (FET) can mean a big headache and a serious risk to their bottom lines, especially if there’s an audit and more so if unexpected liability is uncovered.
May 8, 2024
A customer shakes hands with a salesperson in front of a tractor trailer.
Finance
Fullbay session shows importance of business planning to profitability
During a session at Wednesday’s Fullbay Diesel Connect conference in Phoenix, the duo told a packed house of shop executives that while building a financial plan might feel like an uphill battle, it’s one worth taking on.
May 8, 2024
Fullbay’s vice president of finance Robby Gilbert
Finance
Got an excise tax question you want answered? We can help
If Federal Excise Tax is a head scratcher for your business, submit a question today to our experts they can answer at our FET webinar.
May 8, 2024
Question box for readers to submit
Finance
How to strengthen digital customer payment processing
Death and taxes may be inevitable, but the experts at Fullbay’s Diesel Connect conference Tuesday in Phoenix say if that statement ever gets amended, chargebacks could be added to that list.
May 7, 2024
From left: Fullbay's Louis Barrales and Mary Cory, and Cody Yanchak from Worldpay, speak during Fullbay's Diesel Connect conference Tuesday in Phoenix.
Finance
Jasper announces another ESOP milestone for associates
Associate-Owner Shareholders of Jasper Holdings' Employee Stock Ownership Plan (ESOP) were presented with some outstanding news Tuesday when Chairman and CEO Doug Bawel the company reached another all-time record price.
May 1, 2024
Jasper image of ESOP success
Finance
Untangling the federal excise tax web: Self-audits can prepare you when the real thing happens
“I could probably walk into any dealer in this country and find a bad exempt certificate,” says CPA Tim Reynolds, an expert on the federal excise tax on heavy trucks.
February 21, 2024
A hand with forms, a calculator and a magnifying.
Finance
Allison Transmission announces venture capital business
"Allison Ventures will strategically invest in, and partner with, start-up and growth-stage companies to foster advancements in commercial-duty mobility and work solutions," says Todd Bradford, Allison Transmission.
February 5, 2024
The Allison Transmission logo
Mergers & Acquisitions
How much is your dealership worth?
The American Truck Dealers (ATD) will hold an exclusive webinar with Performance Brokerage Services next week to offer dealer principals guidance on understanding the value of their commercial truck dealership.
February 1, 2024
Mature man at computer frustrated
Finance
Lendio, Trucker Path partner for small business financing
"Their loan products, which are tailored for transportation businesses, can be used to buy, upgrade or repair equipment; invest in technology to gain a competitive advantage; and expand operations or staff," says Chris Oliver, CMO, Trucker Path.
January 30, 2024
A screenshot of Lendio in the Trucker Path app.
Finance
Untangling the federal excise tax web: Limit risk by following these steps
“I see a lot of dealers get in trouble by not knowing the (federal excise tax) rules and not interpreting them correctly in order to get the sale,” Tim Reynolds, CPA, says.
January 24, 2024
A person works on a tax form.
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Top Stories
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Pay and benefits
Quality job postings increase the quantity of your applicants
Marketing to potential employees is just as important as marketing to customers. When employees feel connected, experts say, they feel supported and tend to stay with companies longer.
International San Antonio assembly plant
Class 7-8
September truck orders see huge seasonal boost
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Industry
ATD leaders urge dealer activism to combat regulatory overreach
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Business
Workers strike at East, Gulf Coast ports
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Successful Dealer Award
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With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
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