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Drilling Deep: What truck drivers are going to report to the IRS this year

· Thursday, February 20, 2020

Todd Amen, the president of ATBS, sees lots of truckers’ tax returns. It’s one of the things his company does among the services it provides to truckers.

On this week’s Drilling Deep podcast, Todd sat in with host John Kingston to discuss some of the numbers he’s seen so far. It’s reasonable to assume that driver incomes went down in 2019 compared to 2018. But how much did they fall? Todd discusses the type of year drivers had last year.

Also on this week’s podcast, John talks about the diesel market and a new report that should make everybody who is exposed to the price of diesel – shippers and carriers – very happy. The report sees lots of diesel sloshing around in the world, especially in Asia, and the report sees little chance of a significant uptick in diesel prices, even after the coronavirus spread is brought to a halt.

Drilling Deep is one of the family of FreightWaves’ FreightCasts podcasts.

John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.