05 October, 2021

IFTA FUEL TAX RETURN: TRUCKING INDUSTRY COMPLIANCE LAW YOU SHOULD KNOW ABOUT

The last thing every trucking company wants is to be penalized for not complying with the Department of Transportation or Federal Motor Carrier Safety Administration regulations. Staying compliant and keeping your workers safe as you transport freights across the interstate and international boundaries is crucial. These include filing your IFTA Fuel Tax Return, MC Authority, Unified Carrier Registration, and many more.

Global Multi Services is here to help you stay in compliance with the trucking industry regulations. We will ensure your permits and license are up to date so that you can focus on managing your business. Partnering with a company that knows about trucking regulations and freight compliance will save you from costly penalties and truck detention.

With that said, here are the trucking industry compliance law you should know about

USDOT REGISTRATION

The United States Department of Transportation is responsible for implementing and overseeing regulations followed by the trucking industry.  DOT Registration is mandatory for trucking companies participating in intrastate, interstate, and international commerce. Also, paramount for commercial vehicles transporting hazardous materials in quantities that require a safety permit. They must register with the FMCSA and obtain a USDOT Number to stay in compliance.

Failure to file your application correctly often leads to application rejection. And according to reports, over 50% of USDOT applications are incorrect. By referring to the experts like Global Multi Services for help, you can rest assured that your USDOT is filing accurately, and you will receive your DOT Number without stress.

IFTA FUEL TAX RETURN

IFTA allows the collection and distribution of fuel taxes among member jurisdictions. It also saves trucking companies from hefty paperwork and paying fuel tax in every jurisdiction. Motor carriers must register for IFTA in their base state and obtain IFTA Decal and IFTA Permit if they operate across multiple jurisdictions. After registration, they need to file IFTA Fuel Tax Return in their base jurisdiction. Failure to comply with these regulations causes hefty penalties and revoking of license.

UNIFIED CARRIER REGISTRATION

The Unified Carrier Registration requires trucking companies to pay an annual fee based on the size of their fleet if they participate in international or interstate commerce. Trucking companies must register for UCR in their base state. If your state does not take part in UCR, you can register in a neighboring participating state. Failure to register for UCR can affect your trucking business. These include subjection to costly fines and penalties, truck detained, and many more.

DRUG AND ALCOHOL TESTING

The Federal Motor Carrier Safety Administration has mandated trucking companies to perform random drug and alcohol testing for all truck drivers and other employers. New employees must also have a drug and alcohol pre-test if they have not participated in random testing within the last 30 days. These regulations help truck drivers keep themselves under control and encourage them to treat their bodies properly. It also ensures safe driving and protects the drivers and other people on the road from accidents. According to federal law, trucking companies must adhere to drug and alcohol testing to stay compliant.

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