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Enjoying the Ride: Optimizing the Trucking Industry Surge

Posted 5:00 PM by
From the middle of 2017 to the middle of 2018, trucking was on a roll. With industry growth of three percent – a seismic number compared to other industries – trucking outpaced GDP. Leaders agree the heydays are unlikely to continue at such an impressive pace, and a reversion to the mean is expected, but the industry is still well-poised to maintain a positive outlook going forward.
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20th Annual Trucking Owners and Leaders Roundtable

Posted 3:30 PM by
Katz, Sapper & Miller's Transportation Services Group, along with KSM Transport Advisors and Scopelitis, Garvin, Light, Hanson & Feary, invite you to attend our 20th Annual Trucking Owners and Leaders Roundtable on Tuesday, Feb. 5, 2019.
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Katz, Sapper & Miller Introduces New Partners in 2019

Posted 1:00 PM by
Katz, Sapper & Miller is pleased to announce our two newest partners, Randy Hooper and Stephen Royster. These individuals embody KSM’s values as they provide innovative solutions and superior service to help their clients achieve the great things they want to accomplish. We congratulate them on this outstanding achievement.
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Miller and Schuh to Present Lease Accounting Update at Iowa Motor Truck Association Member Webinar

Posted 4:00 PM by
Jason Miller and Shane Schuh with KSM’s Transportation Services Group will present “Lease Accounting Update and its Impact on the Transportation Industry” to members of the Iowa Motor Truck Association on Dec. 13. In this webinar conversation, Miller and Schuh will detail key changes brought about by the Financial Accounting Standards Board (FASB) Accounting Standards Update No. 2016-02, Leases (Topic 842), which goes into effect Dec. 15, 2018 and is the first comprehensive overhaul in lease accounting in approximately 40 years.
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Hooper to Moderate Panel Discussion on ELDs at Traffic Club of New York Fall Seminar

Posted 12:30 PM by
Katz, Sapper & Miller’s Randy Hooper with the firm’s Transportation Services Group will participate in the Traffic Club of New York’s 2018 Annual Membership Meeting and Fall Seminar. Taking place Nov. 20 at the Grand Hyatt New York at Grand Central Station, the seminar will provide updates on two of the hottest topics in the transportation industry today – blockchain in logistics and electronic logging devices (ELDs).
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KSM to Certify Votes for Inaugural Freight.Tech 25 Award

Posted 2:47 PM by
Katz, Sapper & Miller is excited to participate as the independent accounting firm to certify the voting process for the FreightWaves Research Institute’s inaugural Freight.Tech 25 award. The award is intended to recognize the most innovative and disruptive companies in freight and will highlight the key organizations that have made significant technological and/or economic advancements to impact the transportation space.
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Trucking Carriers to Learn How to Improve Profitability at Upcoming Seminar

Posted 2:32 PM by
Katz, Sapper & Miller’s Transportation Services Group, along with KSM Transport Advisors and TCA Profitability Program, will present the TCA Profitability Seminar: Filling the Gap Between Knowing and Doing to discuss best practices in the transportation industry. Taking place Dec. 4, 2018 at KSM’s conference center in Indianapolis, IN, attendees will have an opportunity to share their successes, struggles, and strategies while learning about actionable initiatives from industry-leading speakers.
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Additional Ways Tax Reform Will Impact the Transportation Industry

Posted 12:30 PM by
When the Tax Cuts and Jobs Act (TCJA) was signed into law on Dec. 22, 2017, companies in all industries braced themselves for impending changes. The key take away of the TCJA is lower tax rates for both businesses and individuals. However, the impacts of this new tax law are extensive and have left many taxpayers wondering how they will be affected. For the transportation industry, guidelines are continuing to emerge. In addition to the key provisions that were highlighted in our earlier analysis, Top Three Things to Know About How Tax Reform Impacts Your Trucking Company, the following changes will likely affect most trucking companies.
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IRS Updates Transportation Industry Per Diem Rates

Posted 12:00 PM by
The Internal Revenue Service issued Notice 2018-77, updating the special per diem rates under tax code Section 274(d), which is used to substantiate the amount of ordinary and necessary business expenses incurred while traveling away from home.
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Despite Challenges, Trucking Industry Outlook Remains Strong

Posted 4:13 PM by
Nearly 71 percent of all U.S. freight is moved by trucks, making the transportation industry an integral part of the nation’s economy. In fact, changing dynamics in trucking could have a ripple effect to many other industries. To discuss the state of the transportation industry, Katz, Sapper & Miller’s Transportation Services Group along with King & Ballow Law Offices and KSM Transport Advisors, hosted its annual Trucking Owners Business Roundtable in Nashville, TN. Experts offered presentations on benchmarking trends, strategic acquisitions, the current market environment, tax law updates, legislative updates, and other key industry topics. Though the transportation industry still faces some of the same challenges as in recent years, particularly related to driver shortage, the overall outlook for the remainder of the year is positive.
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