Nebraska Trucking Industry
Nebraska became part of the United States of America in 1867 as the 37th state. In 2017, 76% of total manufactured tonnage in Nebraska is transported by Trucks and 48% of the total Nebraska communities depend exclusively on trucks. The trucking industry in Nebraska offers 62,970 jobs employing one out of every 12 workers in the state. The total wages paid to those employed in the trucking industry of Nebraska annually is in excess of $2.7 billion. The average salary is $42,512. The number of truck drivers is around 30,860 with a mean annual salary of around $34,660.
HVUT
For a vehicle with gross weight equal to or exceeding 55,000 pounds operating on public highways, the owner has to pay a tax assessed annually and called the Heavy Vehicle Use Tax or HVUT.
IFTA
To facilitate tax payment and reporting for motor fuels used by carriers operating in more than one jurisdiction, most U.S. States and Canadian provinces have signed a cooperative agreement called the International Fuel Tax Agreement (IFTA).
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