Capitol Agenda for the Week of May 2: The President’s Gas Tax
Executives from trucking companies who frequently come to Washington to urge lawmakers to fund infrastructure projects say raising federal fuel taxes is the best approach. Their argument is simple: Paying more at the pump would be easier than tracking the miles on trucks and cars or paying more on tolls. Here's the week ahead for trucking on Capitol Hill.
May 2, 2017Trump Study of Gas Tax Could Run Afoul of GOP, Rural Voters
President Donald Trump said he’s open to raising the federal gasoline tax to fund infrastructure improvements — a position that could pit him against his fellow Republicans in Congress and might hit rural voters who supported him harder than others.
May 2, 2017Penske Truck Leasing Launches Connected Fleet Platform, Remote Diagnostics Service
Penske Truck Leasing has expanded its technology offerings with the launch of its connected fleet solutions, which tap into existing telematics systems to enable services such as a remote diagnostics.
May 2, 2017Accuride Finalizes Acquisition of KIC
Accuride Corp. completed its acquisition of KIC and certain of its affiliated entities, following an agreement announced April 26, the company said.
May 2, 2017Diesel Falls 1.2¢ to $2.583 a Gallon, Oil Holds
The U.S. average retail price of diesel dropped 1.2 cents to $2.583 a gallon as oil prices remained below $50 a barrel and U.S. rig counts pushed higher.
May 1, 2017PacLease First to Offer Toll Management
Paccar Leasing Co., a unit of truck maker Paccar Inc., is offering its lease and rental customers automatic toll billing and collection through its PacToll, program, making it the first leasing company to offer toll management nationwide.
May 1, 2017China’s Uber for Trucking Said to Get $156 Million in Funding
Truck Alliance Inc., an Uber-type service for trucks in China known as Huochebang, is near an agreement to raise about $156 million, people familiar with the matter said.
May 1, 2017Trump Open to Raising Gas Tax, Says Truckers Back Higher Price for Highways
President Donald Trump said he’s willing to raise the U.S. gas tax to fund infrastructure development and called the tax-overhaul plan he released last week the beginning of negotiations.
May 1, 2017Pennsylvania Township Transforms Into Logistics Hub With More Than 100 Football Fields of Warehouse Space
Just a few miles off Route 22 in Allen Township, Pa., quarter horses gallop through a pasture and farmers tend to soil that will soon sprout corn. By summer, fields of wildflowers will bloom, giving motorists off the beaten path a pleasing dose of nature.
May 1, 2017Manufacturing Expanded Less Than Forecast in April
America’s factories expanded less than forecast in April as measures of orders and employment pulled back, Institute for Supply Management data showed May 1.
May 1, 2017