Repeal of the federal excise tax on heavy-duty commercial vehicles should be a key tool in the push to reduce trucking’s greenhouse gas emissions through electrification, a study says.
May 12, 2023GovernmentBusinessEquipment
ATA Exec Andrew Boyle Presses EV Infrastructure in Senate
A senior trucking industry executive voiced concerns about challenges in ensuring sufficient charging infrastructure exists for adopting commercial EVs nationwide.
April 18, 2023GovernmentBusinessEquipment
House Lawmakers Propose 12% Excise Tax Repeal
Legislation to repeal a tax on the purchase of new trucks was introduced in the U.S. House of Representatives.
March 8, 2023GovernmentBusinessEquipment
ATA’s Chris Spear Presses Excise Tax Repeal at Senate Hearing
WASHINGTON — Federal policymakers seeking to modernize freight industry vehicles should revisit efforts to repeal a long-standing excise tax on new trucks, the leader of American Trucking Associations told a Senate committee Feb. 15.
February 15, 2023GovernmentBusinessEquipmentFuelPerspective
Perspective: Repeal FET to Boost Green Buying
A question to ask the decision-makers in Washington: If the goal is to get more cleaner, greener trucks on the road, why does the federal government keep the 12% federal excise tax on the sale of a new truck?
June 21, 2022GovernmentBusinessTechnologyEquipment
US Senators Introduce Bill to Repeal Excise Tax on New Trucks
Two U.S. senators proposed repealing the excise tax on new trucks as an effort to modernize the freight industry.
July 26, 2021GovernmentBusinessEquipmentPerspective
Perspective: Pivotal Opportunity to Repeal FET
Congress and President Joe Biden are currently focused on improving America’s infrastructure, with a key sticking point being how to pay for the improvements. This debate presents an opportunity for Congress to finally resolve funding for the insolvent Highway Trust Fund by replacing antiquated funding mechanisms — such as the federal excise tax on heavy-duty trucks and trailers — with solutions that are more reflective of today’s transportation landscape.
June 21, 2021GovernmentBusinessEquipment
Freight Stakeholders Press for Excise Tax Suspension
A sector within the transportation community is asking the leadership on Capitol Hill to suspend a tax on the purchase of new trucks as part of a pandemic-related economic aid measure.
September 22, 2020GovernmentBusiness
House Lawmakers Push Suspension of 12% Tax on New Trucks, Trailers
A group of lawmakers is calling on House leaders to temporarily suspend an excise tax on new trucks as part of the next phase of COVID-19 stimulus assistance.
July 21, 2020GovernmentBusinessTechnologyEquipmentPerspective
Perspective: Federal Excise Tax Relief Can Aid Recovery
The coronavirus pandemic has changed the world. In the United States it altered the way our country operates and wreaked havoc on American businesses, but leaders in Washington responded with actions that helped mitigate the damage. I applaud these efforts and am confident that our economy will bounce back. But the work is not done.
June 15, 2020