uShip Blog : Go Buy Yourself a New Truck...
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Go Buy Yourself a New Truck...

Posted by mforoobar@uship.com at 2:51 PM

... And use uShip to bid on jobs. In all seriousness, not a day goes by without the media reminding us the dire straits the US economy is currently in. But (for once) politicians are getting things done in Washington. In February, Congress passed an economic stimulus package aimed at businesses—namely, small businesses. The NY Times reported on the legislation which raised expensing caps and loosened depreciation requirements. The Times’ example of expensing is relevant to uShip and all the Service Providers who use our site:

An independent trucker wants to buy a new rig, which costs about $150,000. Before the new law, he could expense (that is, deduct) only the first $128,000 of the purchase price. Under the stimulus act, he will be able to write off the entire purchase price (up to the new $250,000 limit).

In a recent post on his blog, Dan Goodwill, a Canadian transportation consultant, recommends that when “carriers are looking for new sources of revenue to boost their top and bottom lines” they think about making use of existing assets and relationships.

uShip is another way for carriers to drive top-level (revenue) growth—not just a venue for filling backloads or weekend jobs. With advanced tools like Group Bidding (and more on the way, stay tuned) uShip is building a complete platform for carriers to identify new business opportunities and stay ahead of the competition.

So take advantage of raised expense caps, buy yourself a new truck, and find jobs on uShip.

(Hat tip to Dane Carlson's Business Opportunities Blog for for turning us onto the legislation.)

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