Posts by MTAC Staff

From Freight Waves. Big M&A deals are starting to roll in for the publicly traded truckload carriers. After months of management teams saying they would look to deploy their strengthening balance sheets on accretive acquisitions, the fruit is finally shaking loose from the tree. Less than a week after Werner Enterprises (NASDAQ: WERN) announced it…

From the New York State Bridge Authority. Governor Andrew M. Cuomo today announced that cashless tolling will be fully implemented at the Newburgh-Beacon Bridge effective midnight on the morning of Wednesday, July 7, 2021. Motorists will experience non-stop travel under gantries with state-of-the-art sensors and cameras that read E-ZPass tags and take license plate images. Vehicles…

From CT Post. Take a look around your home or place of work and consider this: Virtually every item you see has traveled on the back of a truck at one point. Trucks are the lifeblood of our economy and essential to the quality of life we all enjoy each and every day. This fact…

From Freight Waves. President 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 inside-the-beltway transportation wars and head of a Virginia-based consultancy. Biden’s staunch opposition…

Legal Alert from MG+M The Law Firm. When a trucking company is liable for causing an injury or harm, it often looks to its insurance to cover any associated costs. This insurance comes in multiple forms, two of which are general liability and auto liability. Knowing the differences between them is crucial when a trucking…

From Transport Topics. Intel Corp. CEO Pat Gelsinger predicted the shortage of semiconductors that’s hurting industries from automotive to consumer electronics will bottom out in the second half of this year before starting to improve. “I don’t expect the chip industry is back to a healthy supply-demand situation until ’23,” he said in an interview.…

From Transport Topics. After navigating the disruption and uncertainty wrought by the coronavirus pandemic last year, the trucking industry has entered a historically strong business environment that many analysts expect to endure for the rest of 2021 and beyond. Optimism abounds for the overall U.S. economy as a growing per­centage of the population receives COVID-19…

From the Connecticut Department of Revenue Services. Under Connecticut law, the per gallon diesel tax is adjusted up or down effective July 1 of every year, depending on a couple of factors. This year, the rate will decrease to 40.1 cents per gallon, down from 44.6 cents per gallon. The state diesel tax rate is…

From Transport Topics. The association on June 21 learned that the 9th U.S. Circuit Court of Appeals will not reconsider its earlier rejection of CTA’s challenge to a state independent contractor law. In a court filing submitted the same day as the denial, CTA said it plans to appeal its complaint to the nation’s highest…