October 13, 2023
Via: Transport DiveHigh diesel prices amid sluggish spot rates in September pushed Pomona, California-based trucker Khalid Masri and his small business, KM Global Trans, to stop running two of his four trucks. West Coast on-highway diesel prices have soared in recent months, […]
January 25, 2023
Via: Transport TopicsRatcheting up his criticism of the Biden administration, Sen. Joe Manchin (D-W.Va.) on Jan. 25 moved to delay new tax credits for electric vehicles, a key feature of President Joe Biden’s landmark climate law. Manchin said guidelines issued by the […]
May 13, 2022
Via: Transport TopicsA bill introduced in the Massachusetts Legislature aims to eliminate a tax on vehicles owned by motor carriers in the state. The measure, introduced by Rep. Bradley Jones Jr. (R), would provide an exemption from a “rolling stock” tax for […]
February 10, 2022
Via: Hellenic Shipping News1.1 New energies eligible for the main propulsion French companies can, subject to satisfying certain conditions, deduct from their taxable basis an amount equal to: 125% of the additional costs accounted for as assets on their balance sheet (excluding financial […]
October 1, 2021
Via: Transport TopicsHouse Transportation and Infrastructure Committee Chairman Peter DeFazio told fellow Democrats that the House may pass a 30-day reauthorization for highway funding, a signal that the Democrats aren’t likely to immediately move ahead with a vote on infrastructure legislation. Authorization […]
June 29, 2021
Via: FreightWavesPresident Joe Biden has thrust a dagger into the heart of the federal motor fuels tax and, with it, the trust fund that’s long been dedicated to paying for highway projects. So says Randy Mullett, a multidecade veteran of the […]
June 10, 2021
Via: FreightWavesConnecticut Gov. Ned Lamont is expected to sign a bill passed this week by state lawmakers that, beginning January 2023, will impose a tax of up to 17.5 cents per mile on heavy trucks that use Connecticut’s roadways. The tax,, […]
Impact & Regulations, Shipping, Vehicles
May 19, 2021
Via: Transport TopicsA Senate proposal to impose a vehicle-miles-traveled fee exclusively on commercial vehicles drew a strong rebuke from the leaders in the trucking industry. During a May 18 Finance Committee hearing to explore funding solutions for the country’s infrastructure system, Sen. […]
January 8, 2021
Via: FreightWavesAirlines operating in the U.S. are once again collecting the federal excise tax on freight shipments that were suspended for most of last year to help the industry survive the economic fallout from the coronavirus pandemic. The $2.2 trillion economic […]
July 10, 2019
Via: The VergeFrance plans to put an “ecotax” on nearly all air travel starting in 2020, the government announced on Tuesday. The new tax could bring in approximately $200 million that could be used to support less polluting modes of transportation, like […]
May 7, 2019
Via: Transport TopicsTwo members of the U.S. House of Representatives recently introduced legislation aimed at repealing the 12% federal excise tax on certain heavy-duty trucks, tractors and trailers. Reps. Doug LaMalfa (R-Calif.) and Collin Peterson (D-Minn.) led a bipartisan effort April 29 […]