The Motor Carrier Act of 1980 deregulated the trucking industry in the US, allowing trucking companies to set their own prices and obtain licenses more easily. This led to increased competition and lower prices, but also made it harder for truckers to negotiate wages and working conditions. The earlier Motor Carrier Act of 1935 increased […]
Heavy goods vehicle (HGV) drivers, now called large vehicle drivers (LGV), must pass a driving test and take commercial vehicle driving lessons to obtain one of four different categories of heavy vehicle licenses. The European Union has strict laws for driving and resting heavy goods vehicles, including mandatory rest hours and breaks. Driving heavy vehicles […]
Structured investment vehicles were a type of fund used in “shadow banking” to generate profits by borrowing at low interest rates and lending at higher rates. They were developed in 1988 but became extinct after the 2008 market volatility due to criticisms of inaccurate risk assessment and insufficient observation of creditworthiness. A structured investment vehicle […]
Vehicle advertising involves placing ads on vehicles, including public transit buses and personal vehicles. Vinyl decals, known as vehicle wraps, are used to transform vehicles into moving signs. It is a cost-effective marketing strategy, but businesses should check local laws before starting a campaign. Vehicle advertising is a marketing technique that uses several strategies across […]
Vehicle wrap advertising involves covering a vehicle with an advertisement, often using vinyl decals, and has become a popular and effective form of mobile advertising. Decals have evolved to include air channels and microscopic glass beads. Some cities have banned this type of advertising due to traffic congestion, but advertisers have found ways around it, […]
To become a motor vehicle inspector, you need a high school diploma, automotive experience, a driver’s license, and possibly certification. Employers may require specific work experience and skills, such as mechanical, analytical, and computer skills. Certification may require an exam and proof of experience. A motor vehicle inspector is tasked with checking various types of […]
Vehicle reimbursement is when an individual is reimbursed for the cost of operating a personal vehicle while performing business on behalf of a company. Reimbursement is calculated based on the number of miles driven and documented. The plan helps offset the cost of fuel and maintenance for employees required to drive their own vehicles while […]
Investment vehicles are ways to invest money, with stocks and bonds being the most common. Certificates of deposit, money market accounts, and real estate are also options. Investors consider expected return and risk, and aim for a balanced portfolio. An investment vehicle refers to anything in which a person can invest their money. There are […]
Vehicle deductions for business purposes can be made in different ways, including deducting all expenses for company-owned vehicles and using either the real gas method or the standard mileage fee method for personal vehicles used for business. Care must be taken to avoid audit issues and excessive deductions. A vehicle deduction is against the gas […]
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