Welcome to our channel. Hope this video can help you to understand IFTA a little better and help to save big money while trucking. If you are new to our channel, consider to subscribe, we have a lot to offer. Thanks
Ryan, thanks for doing these videos...they are very informative...you seem to be a really smart guy...and humble...lol...I watch a video a few days ago by some guy who was pretty smart, I guess, but he was so arrogant that I couldn't stand to watch his video all the way through...so, thanks for taking the time to do these videos...trent
Great info I’m always learning things with your videos absolutely the best on u tube and your honest and trustworthy merry Christmas 🎄 to u and your family
How are the fuel surcharge payments you receive on some trips calculated? Does the different State IFTA tax levels play a part in the calculation of surcharge payments? And how can Landstar know which route you chose to drive in order to calculate your IFTA payment (or refund)? Are the trailers fitted with trackers?
@@truckingandfixing Thanks for the quick reply. Your videos are very informative and worth watching for anyone interested in the finer points of the road freight business. 👍
ITS SIMPLE WERE TAXED ON BUYING THE FUEL & TAXED TO BURN THE FUEL taxed on buying the vehicle then taxed to to drive on the roads our tax dollars paid for
This info is super inciteful. Does Landstar teach you this at Orientation or did you figure it out on your own? Thanks for sharing big money saving tips!
Bro. I know you’re trying to explain it and it sounds simple. I’m confused as hell. I guess because I need to see it plastered up on a whiteboard? It’s like a Peter to pay Paul system that you’re trying to get us to see. I understand the intent. Or I’m just too dense and more than likely overthinking it. Anyways, I appreciate the video because you’re trying to get us to be smart about where we get our fuel and to understand the way we see the “prices.” Over time money is money and anything we can add to our bottom end is always a great thing to plan for. Merry Christmas and be safe buddy.
Sorry for the confusion. Basically you should buy the cheapest gas after fuel tax and Landstar discount. Because fuel tax is based on the miles you drive each state.
Your tax burden is based on miles drives through each state but how much you pay into that tax burden is based on gallons bought. Correct? Which is why its better to buy fuel in higher taxed states to cover a larger portion of your overall tax burden across many states.
@clutchitup9861 you gonna pay the tax when you drive through the state ANYWAYS. So.. I wonder if it’s not better to get the best (base) fuel cost… minus fuel tax and WITH Landstar discount. Cause I’m gonna pay the tax regardless. Might as well try to get the fuel cheaper. 🤷🏾♀️
Basically you buy the fuel minus the IFTA tax, add the mileage of each state and divide the price of the fuel before the tax and add the fuel costs to the system of the last state you left before you enter the new state.
Hey Ryan, thanks for the video. I'm learning so much ! Tell me, what's your method to quickly find good quality fuel (no bio-diesel only ulsd-2 for example ) ?? Thanks
Thanks for the great info, Ryan! Just curious on one thing though. How do you go about keeping track of exact miles driven in each state as you go through? I can see myself forgetting some if I don't jot it down as soon as I would cross a state line.😆
@@truckingandfixing ahh, that's good! I haven't driven a truck since 2001, and even then it was for a company. I'm planning on getting back in the seat next month now that the kids are all grown up with the plan of having my truck within 2.5 years. Didn't have all the electronics back then, so I'm learning stuff ahead of time.
@@ddreyerjr I also quit driving in 2001, and I'm thinking seriously about getting back into it...I was just wondering how that worked out for you? are you back to driving now? thanks, trent
@@MyJohndeere1 it has been really good! I can't believe how much I missed this. 🙂 All-in-all, other than the technology, very little has changed from 20 years ago.
Hello sir, been watching lot of your videos and i learn a lot from you THANK YOU for the good info .Quick question i'm on the market for a truck , 579 Peterbilt or Kenwoth ,2015--2018 with 250k to 350k miles and going to Landstar like you .What do you recommend ? thanks
Thanks for the info... Ive never run in Oregon, do you have to get a fuel permit when going there or do you just run the miles there and report it when you do your IFTA?
You have to call and set up an account and get a permit before you even step foot in. The way stations scan your plate and kniw whether or not you have a permit before you even pull in. 400 ticket. Present your credential When getting fuel and you do not have to pay any fuel tax at the pump. U pay your fuel tax when you get the credential Because you're paying for the trip in advance.
I love your videos but I am NOT understanding ANYTHING you are talking about about the IFTA. I’ve been driving 15 years and been an owner op for 4 years and I have absolutely NO IDEA what your calculations are saying or meaning or what!!!!!!! Am completely lost!
@@truckingandfixing Not everyone is leased to landstar. I can’t see the real cost of fuel like you can. I tried to find an app but to no avail. I’m still not sure either. You videos are good but this one has more questions than answers for me.
The fuel tax is built into pump price. You can look up each states ifta tax rates for what number to subtract from pump price. If your company has discounts then factor that in as well. If fuels $2 and fuel tax is .35 cents in that one state, pump price should be $2.35. Make sense?
Remember the kiss method. Keep it simple stupid. Not that your stupid, it's people like me trying to learn how it works. Keep the rubber side down and keep trucking.
Basically you buy the fuel minus the IFTA tax, add the mileage of each state and divide the price of the fuel before the tax and add the fuel costs to the system of the last state you left before you enter the new state.
Government thieves working for you! 😏 No wonder so many accidents.....driver thinking about fuel prices and saving a couple bucks of the money they work for. 😥
Welcome to our channel. Hope this video can help you to understand IFTA a little better and help to save big money while trucking. If you are new to our channel, consider to subscribe, we have a lot to offer. Thanks
Finally someone who actually knows fuel tax, thanks Ryan
Thanks!!
Ryan, thanks for doing these videos...they are very informative...you seem to be a really smart guy...and humble...lol...I watch a video a few days ago by some guy who was pretty smart, I guess, but he was so arrogant that I couldn't stand to watch his video all the way through...so, thanks for taking the time to do these videos...trent
Thank you Trent!
So many drivers forget that being an owner operator means taking care of the business first and being a driver second. WLBS
Totally agree
Merry Christmas buddy, thanks for the info.
Merry Christmas
Merry Christmas Ryan and fam!
Great info I’m always learning things with your videos absolutely the best on u tube and your honest and trustworthy merry Christmas 🎄 to u and your family
How are the fuel surcharge payments you receive on some trips calculated? Does the different State IFTA tax levels play a part in the calculation of surcharge payments? And how can Landstar know which route you chose to drive in order to calculate your IFTA payment (or refund)? Are the trailers fitted with trackers?
Landstar uses ELD to calculate your miles on each state. Yes that different state IFTA tax play a part in the calculation.
@@truckingandfixing Thanks for the quick reply. Your videos are very informative and worth watching for anyone interested in the finer points of the road freight business. 👍
Your video are very helpful to me... thank you
Thanks Roy!
ITS SIMPLE WERE TAXED ON BUYING THE FUEL & TAXED TO BURN THE FUEL taxed on buying the vehicle then taxed to to drive on the roads our tax dollars paid for
Have a good holiday Ryan all the best for the new year.
Thanks
Thank you for taking the time to do these educational videos. I’m still confused. Please look at it from our prospective and get to the point.
This info is super inciteful. Does Landstar teach you this at Orientation or did you figure it out on your own? Thanks for sharing big money saving tips!
Bro. I know you’re trying to explain it and it sounds simple. I’m confused as hell. I guess because I need to see it plastered up on a whiteboard? It’s like a Peter to pay Paul system that you’re trying to get us to see. I understand the intent. Or I’m just too dense and more than likely overthinking it.
Anyways, I appreciate the video because you’re trying to get us to be smart about where we get our fuel and to understand the way we see the “prices.” Over time money is money and anything we can add to our bottom end is always a great thing to plan for. Merry Christmas and be safe buddy.
Sorry for the confusion. Basically you should buy the cheapest gas after fuel tax and Landstar discount. Because fuel tax is based on the miles you drive each state.
Your tax burden is based on miles drives through each state but how much you pay into that tax burden is based on gallons bought. Correct? Which is why its better to buy fuel in higher taxed states to cover a larger portion of your overall tax burden across many states.
@clutchitup9861 you gonna pay the tax when you drive through the state ANYWAYS. So.. I wonder if it’s not better to get the best (base) fuel cost… minus fuel tax and WITH Landstar discount. Cause I’m gonna pay the tax regardless. Might as well try to get the fuel cheaper. 🤷🏾♀️
Basically you buy the fuel minus the IFTA tax, add the mileage of each state and divide the price of the fuel before the tax and add the fuel costs to the system of the last state you left before you enter the new state.
Good summary!
What???🤯
Do you know of app to use if you don’t work at land star?
Good info thanks and a quick question, how do you like your forever sharp steering wheel so far? Is it comfortable? Cause looks really good for sure
The spokes is somewhat uncomfortable, other than that, it stays clean easier than the factory steering wheel. But I still would recommend it.
Fuk… I live in Illinois and I run to Denver, Co and this whole time I’ve been pumping in Iowa cause it’s cheaper on the pump….
Can anyone use the LS app?
You have to released on to LS to be able to use the app.
@@truckingandfixing ok thank you for the information.
Hey Ryan, thanks for the video. I'm learning so much ! Tell me, what's your method to quickly find good quality fuel (no bio-diesel only ulsd-2 for example ) ?? Thanks
most of the app TA, pilot, loves etc..will tell you the fuel blend is in each location.
@@truckingandfixing Thanks, I'll check those out :) Have a great day !
When you take time off like a week or two do you keep trailer? Thank you
Yes, I do!
Thanks for the great info, Ryan! Just curious on one thing though. How do you go about keeping track of exact miles driven in each state as you go through? I can see myself forgetting some if I don't jot it down as soon as I would cross a state line.😆
You don’t need to remember the miles for each states. ELD keep track of them.
@@truckingandfixing ahh, that's good! I haven't driven a truck since 2001, and even then it was for a company. I'm planning on getting back in the seat next month now that the kids are all grown up with the plan of having my truck within 2.5 years. Didn't have all the electronics back then, so I'm learning stuff ahead of time.
@@ddreyerjr I also quit driving in 2001, and I'm thinking seriously about getting back into it...I was just wondering how that worked out for you? are you back to driving now? thanks, trent
@@MyJohndeere1 it has been really good! I can't believe how much I missed this. 🙂 All-in-all, other than the technology, very little has changed from 20 years ago.
Hey bud do you use NY hut or if you have to go through how do you do it?
It is included in Landstar permits, it is $200 flat for all state permits.
Hello sir, been watching lot of your videos and i learn a lot from you THANK YOU for the good info .Quick question i'm on the market for a truck , 579 Peterbilt or Kenwoth ,2015--2018 with 250k to 350k miles and going to Landstar like you .What do you recommend ? thanks
Thanks for the info... Ive never run in Oregon, do you have to get a fuel permit when going there or do you just run the miles there and report it when you do your IFTA?
You have to call and set up an account and get a permit before you even step foot in. The way stations scan your plate and kniw whether or not you have a permit before you even pull in. 400 ticket. Present your credential When getting fuel and you do not have to pay any fuel tax at the pump. U pay your fuel tax when you get the credential Because you're paying for the trip in advance.
I prefer to pay the California tax instead of buying that 20% dirty bio diesel in their state.
I love your videos but I am NOT understanding ANYTHING you are talking about about the IFTA. I’ve been driving 15 years and been an owner op for 4 years and I have absolutely NO IDEA what your calculations are saying or meaning or what!!!!!!! Am completely lost!
Basically, you should always buy cheapest fuel excluding the tax.
@@truckingandfixing
Not everyone is leased to landstar. I can’t see the real cost of fuel like you can. I tried to find an app but to no avail. I’m still not sure either. You videos are good but this one has more questions than answers for me.
The fuel tax is built into pump price. You can look up each states ifta tax rates for what number to subtract from pump price. If your company has discounts then factor that in as well.
If fuels $2 and fuel tax is .35 cents in that one state, pump price should be $2.35. Make sense?
Remember the kiss method. Keep it simple stupid. Not that your stupid, it's people like me trying to learn how it works. Keep the rubber side down and keep trucking.
Man!! You need to get to the point. You got me so confused! Wtf
Basically you buy the fuel minus the IFTA tax, add the mileage of each state and divide the price of the fuel before the tax and add the fuel costs to the system of the last state you left before you enter the new state.
Government thieves working for you! 😏
No wonder so many accidents.....driver thinking about fuel prices and saving a couple bucks of the money they work for. 😥
hi Ryan i sent you an email.
Hi there. We got your email, thanks for that. We will write you back later today! Talk soon!
Can I just buy fuel based on the miles I run in a state, divided by my miles per gallon in each state to keep it simple?