California voters rejected a ballot measure to repeal the recently passed gas tax hike slated for the repair of state roads, bridges and highways, media outlets reported.
The vote clocked in with 55 percent of voters opposed and 45 percent in favor, according to the San Francisco Chronicle.
Proposition 6 would have nixed state efforts to collect around $5 billion in annual tax revenue that was approved in 2017 as part of Senate Bill 1, a massive transportation package supported by Gov. Jerry Brown.
The law raised the state’s gasoline tax by 12 cents, from 29.7 cents to 41.7 cents a gallon, beginning last Nov. 1. The tax will go up another 5.6 cents next July 1.
Separately, the law raised the state tax on diesel fuel from 16 cents to 36 cents a gallon. It also raised the diesel fuel sales tax.
Although the trucking industry will take a big hit from the diesel taxes, the California Trucking Association was part of the coalition lobbying against the repeal. Truckers came on board after the transportation bill was modified allowing trucking companies to take more time to transition to cleaner trucks, the Sacramento Bee reported.
Although it’s still early yet, there are indications that Cyclone Veronica may have adversely affected freight infrastructure along Australia’s north west coast – where some of the world’s largest iron ore export ports are located.
It was largely a further slide down the slippery slope for the Shanghai Shipping Exchange’s China Containerized Freight Index, week ending March 22. Rates on nearly all seaborne containerized routes were down compared to the week before. Rates were also largely down on the benchmark containerized routes as compiled by Drewry Maritime Advisors.
More drama in the UK Parliament as three junior ministers join 30 Tory rebels to hand the Conservative Government yet more defeats in the Brexit process.
Hwy Haul is a freight logistics startup that uses data science and optimization algorithms to connect carrier capacity with freight volumes over a digital trucking marketplace.
Drone Delivery Canada’s expanded offering brings C$10 million – a month after announcement of long-range Condor model.
As the British Parliament votes on the Government’s motion for the Withdrawal Agreement, Prime Minister Theresa May heads for another defeat as Parliament is expected to take control of Brexit in today’s votes.
Coach Your Drivers to Safety and Success Coaching drivers—with video—is the best way to improve safety in your fleet. Not only will you experience fewer collisions (and near collisions), but you’ll experience savings throughout your fleet and an improved safety culture. Download this free eBook to learn how to make coaching a part of your safety culture. And if you’re already coaching, take it to the next level with the 15 bonus tips included in this free eBook
Nikola Motors is setting up its hydrogen truck manufacturing plant in Arizona, which is expected to roughly bring about 2,000 jobs by 2024.
Southwest surfed the volatility in petroleum markets and maintained a strong financial position by aggressively hedging jet fuel.
Changing trading patterns have seen volumes at the port of Gioia Tauro decline. Its only remaining customer, MSC, is expected to successfully conclude more than two years of talks to acquire the facility in the coming weeks.