Purchased transportation definition

Purchased transportation means the taxpayer's use of a motor vehicle owned and operated by another for the purpose of transporting tangible personal property for which a charge, whether based upon a per diem, mileage, or other basis, is incurred.
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Purchased transportation means any Account arising from the transportation of goods where all or a portion of the transportation services are rendered by an owner operator or independent third party transportation provider.
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Purchased transportation means those public transportation activities procured by a participant and provided by a third party through contracts.
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Examples of Purchased transportation in a sentence

  • Purchased transportation may not be utilized if road drivers are laid off for economic reasons at any Holland location.

  • Purchased transportation usage shall be capped at eight percent (8%) of Holland’s total miles, as reported on line 301 of Schedule 300 of the DOT/FMCA Annual Report during any calendar year.

  • Purchased transportation expense decreased 7% in 2020 primarily due to lower volumes, including the impact of the COVID-19 pandemic, and favorable exchange rates.

  • Purchased transportation decreased 25% in 2020 primarily due to lower utilization of third-party transportation providers and lower volumes.

  • Purchased transportation expense increased 18% in 2020 due to higher volumes and increased contractor settlement rates, including expanding operations to seven days per week year-round.

  • Represents the reclassification of Purchased transportation as reflected in Coyote’s historical statements of combined income (loss) for the six months ended June 30, 2024 and 2023 and the year ended December 31, 2023 to Cost of transportation and services (exclusive of depreciation and amortization) to conform to RXO’s historical statement of operations presentation.

  • Purchased transportation usage should be engineered to the fullest extent possible to minimize its use and to maximize the use of bargaining unit employees and to allow bargaining unit employees to perform preferential runs and maximize earning opportunity.