Fleet Management

Highway Trust Fund

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April 22, 2014 - Industry News

Carper Will Air Fuel Tax Hike with Senate Colleagues

Sen. Tom Carper, D-Del.

Sen. Tom Carper, D-Del., is a longtime supporter of raising federal fuel taxes to pay for highways and will float that idea with his colleagues as they draft the next highway bill. Carper sees a gradual fuel tax increase as a fiscally responsible approach to highway funding but is open to other ideas as well, according to his office.

Tags: Highway Funding, Highway Trust Fund, U.S. Senate, Congress, Fuel Tax, Gasoline Tax, Diesel Tax

April 16, 2014 - Industry News

DOT Secretary Bus Tour Rolls for Transportation Funding

Transportation Secretary Anthony Foxx speaks to an audience in Birmingham, Ala. Photo: Evan Lockridge

Anthony Foxx is on the road this week emphasizing the importance of infrastructure funding, with the Obama Administration concerned about the ability to pass a new long-term highway funding authorization before two key deadlines.

Tags: Congress, Infrastructure, Highway Funding, Highways, Anthony Foxx, U.S. Congress, President Obama, Highway Trust Fund, Alabama

April 15, 2014 - Industry News

Light Blinking Red for Highway Trust Fund

Click to enlarge.

The Highway Trust Fund is likely to run into the red by September, according to the latest update from the Department of Transportation. In its most recent monthly status report, DOT shows the fund’s cash balance dipping below zero in late August or the first week of September.

Tags: Highway Funding, Highway Trust Fund, MAP-21

April 11, 2014 - Industry News

Senators Agree on Highway Bill Principles

A bipartisan group of Senators has agreed on the outline of bill to reauthorize the federal highway program. The terms of the deal cover policy principles such as a long-term bill and maintaining existing programs but they do not cover the key question of how to pay for the program.

Tags: Highway Funding, Highway Trust Fund, Highways, Congress

March 27, 2014 - Industry News

State, Local Officials Call for Highway Funding

The hearing rooms change but the theme remains the same: Congress must find a way to restore the Highway Trust Fund so it can support a robust, long-term federal highway program. That was the key take-away from state and local officials testifying before the Senate Environment and Public Works Committee on Thursday.

Tags: Highway Funding, Highway Trust Fund, Infrastructure, Congress

March 6, 2014 - Industry News

National Coalition Launches “Hardhats for Highways” Campaign

With the federal Highway Trust Fund projected to be unable to support any new highway, bridge and public transportation improvements in fiscal year 2015, a national coalition of associations and labor unions announced that it is launching a campaign to help educate Congress about the connection between local jobs and federal highway and transit investment.

Tags: Congress, Highway Trust Fund, Hardhats for Highways

March 6, 2014 - Industry News

Tax Committees Debate Highway Funding as Money is Running Out

Photo: Evan Lockridge

Ideas for infusions into the Highway Trust Fund got conflicting receptions before congressional tax committees this week, as Senate Finance Chairman Ron Wyden said he's looking for solutions while Ways and Means Chairman Dave Camp expressed concerns about the Obama administration's proposal.

Tags: Highway Trust Fund, FET, Taxes, Infrastructure Funding, Highways, Congress, legislation

March 4, 2014 - Industry News

Highway Funding Difficult but Not Impossible

It won’t be easy, but there’s at least a glimmer of a way for Congress to come up with money to fund a longer-term highway bill. The Highway Trust Fund is going to run out of money possibly as soon as August, according to the Congressional Budget Office.

Tags: Congress, Highway Funding, Highway Trust Fund, legislation, Highways, Infrastructure

February 26, 2014 - Industry News

Obama, Camp Offer Highway Funding Solutions

President Obama and Rep. Dave Camp both suggested one-time infusions to the Highway Trust Fund that is expected to run out of money by September.

Tags: Highway Funding, U.S. Senate, Highway Trust Fund, U.S. House

January 27, 2014 - Industry News

Administration Urges Quick Action on Highway Funding

Peter Rogoff

The Obama administration continues to send urgent signals that the Highway Trust Fund is in trouble. In remarks Monday to the American Trucking Associations Executive Committee, Peter Rogoff, acting under secretary at the Transportation Department, said the fund probably will run into the red before the program ends Oct. 1.

Tags: American Trucking Associations, Infrastructure Funding, U.S. DOT, Highway Funding, Anthony Foxx, Congress, Highway Trust Fund

January 27, 2014 - Industry News

With Funding Clock Ticking, Congress Turns to Highway Bill

Congress is getting to work on the next highway bill. At its opening hearing on reauthorization on Jan. 14, the House Transportation and Infrastructure Committee heard urgent calls for a bipartisan approach to sustainable funding, a multi-year program and federal leadership.

Tags: Congress, Caterpillar, National Transportation Safety Board, Intermodal, Highway Funding, Highway Trust Fund, Infrastructure Funding, House Transportation and Infrastructure Committee, Multimodal, The Partnership to Build America Act

January 15, 2014 - Industry News

DOT Will Post Trust Fund Balance to Illustrate Infrastructure Deficit

(Click on graphic to enlarge.)

Transportation Secretary Anthony Foxx outlined the familiar issues surrounding the nation’s “infrastructure deficit” and added a new wrinkle: DOT will post a monthly update on the balance in the shrinking Highway Trust Fund.

Tags: DOT, Highway Trust Fund, National Freight Strategic Plan, Infrastructure Funding, Highway Funding

July 23, 2013 - Industry News

House Panel Looks for Highway Trust Fund Fix

At a hearing on the Highway Trust Fund Tuesday it was clear that the key House transportation committee has some distance to go before it can achieve consensus on how the fund could be made whole, or even if it should be preserved.

Tags: Highway Funding, Highway Trust Fund, House Transportation and Infrastructure Committee, Infrastructure, Highways, Infrastructure Funding

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