Trucking and transportation groups are pushing to repeal federal excise tax on heavy-duty trucks, arguing that it hinders cleaner, more energy-efficient vehicles from hitting the road.
Tesla opened its Austin, Texas-based Gigafactory in April, a crucial step in the company’s delayed plans to begin production of its electric Cybertruck. To celebrate the opening, Tesla held an event, billed as a “Cyber Rodeo”
Wisconsin Gov. Tony Evers announced in November the state will be supporting the expansion of Agropur Dairy Cooperative in Little Chute with up to $4.5 million in business tax credits from the Wisconsin Economic Development…
Bipartisan legislation to repeal the 12-percent federal excise tax (FET) on the sale of heavy-duty trucks and trailers is getting “strong support” from American Trucking Associations (ATA) and Modernize the Truck Fleet (MTF), a coalition…
Truckers are pushing back at a Pennsylvania Department of Transportation’s proposal to add tolls to nine vehicle bridges across the state, including on Interstate 79, to close a funding gap to widen the roadway and…
As the Biden administration and the new Democrat-controlled Congress have rolled up their sleeves and gotten to work, there are a number of issues related to trucking that are likely to see action on this…
The trucking merger and acquisition arena was anything but ordinary in 2020. Within the liquid/dry bulk vertical we saw several transfers of ownership. A few notable transactions included: Kenan Advantage’s purchases of Fort Transfer, Paul’s…
With many small businesses across the country uncertain of how the COVID-19 outbreak will temporarily, or permanently, affect their bottom lines, the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act may offer…
Repeal of Truck Tax .S. Sen. Cory Gardner (R-CO) has introduced a bill that would repeal the excise tax on heavy trucks and trailers. The bill, S. 3052, was introduced on June 12 and...
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