Senate bill to repeal 12% truck excise tax | Coal truckers targeted: Toughest states for vehicle violations
By Overdrive Staff Congress zeroing in on big truck tax A bipartisan bill that would repeal the 12% federal excise tax on new truck and trailer purchases has been introduced in the Senate. Senators Todd Young (R-Indiana) and Angela Alsobrooks (D-Maryland) introduced the “Modern, Clean, and Safe Trucks Act” on June 2. A House version of […]
JD Power: Auction prices up, retail has strong month in April
From TPS Staff Auction pricing recovered from a weak March, JD Power says in its May 2026 Commercial Truck Guidelines. “Used truck pricing has historically tracked freight spot rate movement, at least directionally, and both metrics began turning positive in Q4 of last year with momentum building through Q1 of this year,” the report says. “The […]