Trucking Info

News

Revised Trust Fund Proposal Drops Truck Tax Hike

Photo: Evan Lockridge

In an effort to prevent a shutdown of the federal transportation program, the Senate Finance Committee has drafted a proposal to keep the Highway Trust Fund solvent through the end of the year. The original version of the proposal included an increase in the heavy vehicle use tax, but that provision was dropped in deference to Republican concern about the proportion of revenue raisers to spending cuts in the proposal.

U.S.-NAFTA Truck Trade Posts April Increase

Percent Change in Value of U.S.-NAFTA Freight Flows by mode, April 2013 - April 2014. Credit:...

Two of five transportation modes, pipeline and trucks, carried more U.S.-North American Free Trade Agreement trade in April 2014 than in April 2013 as the value rose to $100.1 billion, according new U.S. Transportation Department figures.

Wyden Offers Highway Trust Fund Patch

Wyden Offers Highway Trust Fund Patch

Sen. Ron Wyden, D-Ore., is proposing a three-month patch to keep the Highway Trust Fund solvent through the end of the year. The patch would be paid for with general funds, balanced by adjustments including raising the heavy vehicle use tax.

a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account