Senate Republicans block tax bill benefiting trucking

WASHINGTON – Senate Republicans have effectively killed tax legislation with truck-friendly provisions that had bipartisan support when it passed the House in January.

The Tax Relief for American Families and Workers Act of 2024, a $79 billion tax package, allows accelerated depreciation for capital investments and provides more generous deductions for interest expenses — provisions that extend expiring benefits that have helped truck owner-operators and which were included in the 2017 Tax Cuts...

https://www.freightwaves.com/news/senate-republicans-block-tax-bill-benefiting-trucking

Concern rising over US West Coast labor pact

Uncertainty caused by almost eight months without a labor contract on the U.S. West Coast is resulting in investment decisions that could alter supply chains and end up costing the ocean carriers customers, according to a shipper lobbyist.

“We’re seeing some investments being made at East and Gulf Coast ports due to one factor — the uncertainty of what’s going to happen” with [West Coast labor],” said Peter Friedmann, executive director of the Agriculture Transportation Coalition (AgTC).

Speaking...

Q&A: Supply chain crisis talk with 8VC’s Jake Medwell and Skyline Policy’s Loren Smith

The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates. Jake Medwell, founding partner at 8VC, and Loren A. Smith Jr., president of Skyline Policy Risk Group, discuss key industry topics for this regular quarterly Q&A exclusively on FreightWaves.

By Jake Medwell and Loren Smith

JAKE MEDWELL: Last year we talked about how disruptions in the supply chain had created “a complicated mess.” How have things developed since...

https://www.freightwaves.com/news/qa-supply-chain-crisis-talk-with-8vcs-jake-medwell-and-skyline-policys-loren-smith

GSCW chat: Challenges ahead for the $1.2 trillion infrastructure law

This fireside chat recap is from Day 5 of FreightWaves’ Global Supply Chain Week.

FIRESIDE CHAT TOPIC: Funding challenges for the $1.2 trillion infrastructure law.

DETAILS: Now that the historic $1.2 trillion infrastructure bill is signed into law, the real work begins: getting formula money to the states quickly and issuing competitive grants. But what are the challenges of getting projects completed so that they can improve supply chain efficiency, and how will they be prioritized?...

https://www.freightwaves.com/news/gscw-chat-challenges-ahead-for-the-12-trillion-infrastructure-law

Q&A: 2022 infrastructure policy checklist with 8VC’s Jake Medwell and Skyline Policy’s Loren Smith

The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates. Jake Medwell, founding partner at 8VC, and Loren A. Smith Jr., president of Skyline Policy Risk Group, discuss key industry topics for this regular quarterly Q&A exclusively on FreightWaves.

By Jake Medwell and Loren Smith

JAKE MEDWELL: The new infrastructure bill is now law. As signed by President Biden on Nov. 15, it will ultimately spend $1.2 trillion. What...

https://www.freightwaves.com/news/qa-2022-checklist-for-us-infrastructure-grants-regs-and-permitting-reform

Viewpoint: Q&A on infrastructure legislation in Washington

The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates. Jake Medwell, founding partner at 8VC, and Loren A. Smith Jr., president of Skyline Policy Risk Group, take a look at potential impacts on trucking. This will be a regular quarterly Q&A exclusively on FreightWaves.

By Jake Medwell and Loren Smith

Q: President Biden and the Congress are still hammering away on a big infrastructure and tax plan. What’s the latest?

A:

https://www.freightwaves.com/news/viewpoint-qa-on-infrastructure-legislation-in-washington