Transport Topics

Sens. Ben Cardin and Todd Young introduced a bill to repeal the federal excise tax on new trucks. The 12% tax has been around for more than a century. Industry analysts say it can add about $21,000 to the cost of a new truck or trailer, and critics say the tax discourages buyers from purchasing newer, cleaner vehicles. Stakeholders such as American Trucking Associations and American Truck Dealers have voiced support for repealing the tax. Learn more about your ad choices. Visit podcastchoices.com/adchoices