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A Missouri House committee just voted to advance an effort to raise about $ 8 billion over the course of the next decade specifically for road and bridge repairs and maintenance. Now, I know what you’re thinking; that $ 8 billion has got to come from somewhere, and more than likely it’ll come from new and increased tolls.Turns out that not only will the money not be coming from new tolls, but the proposed resolution actually prohibits adding tolls to Interstates 70 and 44. Maybe it’ll be more fuel taxes or a dreaded mileage tax? Nope, this transportation work is going to be funded by a one-cent general sales tax.
More than half of large carriers say they are considering buying natural gas fueled trucks, but there are hurdles, according to a new study from Transport Capital Partners and ACT Research.
Although very few fleets are expecting a shortage of freight to haul, lack of drivers, higher fuel and insurance costs appear to be dampening carriers’ enthusiasm to buy new power units in the near future, according to CK Commercial Vehicle Research’s Q2 2012 Fleet Sentiment Report.