Fuel Smarts

Highways

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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

May 13, 2013 - Industry News

Virginia Governor Signs Bill Increasing Fuel Taxes for Transportation

The new law also limits putting tolls along the state’s section of I-95.

Virginia Gov. Bob McDonnell signed legislation Monday raising billions of dollars for transportation that includes new taxes on fuel. They may go even higher depending on what happens to legislation on Capitol Hill.

Tags: Fuel Tax, Virginia, Diesel Tax, Gasoline Tax, Highways, Infrastructure Funding, I-95, Tolls

February 6, 2013 - Industry News

Congestion Cost Trucking $27 billion in 2011

Congestion has a price, and for the trucking industry, It's billions of dollars lost. The total financial cost of congestion in 2011 was $121 billion, up one billion dollars from the year before and translating to $818 per U.S. commuter. Of that total, about $27 billion worth was wasted time and diesel fuel from trucks moving goods on the system.

Tags: Economy, Traffic Congestion, Infrastructure, Highways

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