Congress Again Consider Funding for Truck Parking Expansion
Trucking News and Briefs for Tuesday March 30, 2021:
Truck parking gets another push in Washington
Trucking groups on Monday welcomed the reintroduction of bipartite legislation addressing the trucking industry’s need for better access to secure commercial parking. A similar bill was introduced in March 2020, but it never made it past the House committee on transport and infrastructure.
The Truck Parking Safety Improvement Act was introduced by Representatives Mike Bost (R-Illinois) and co-sponsored by Representatives John Garamendi (D-California), Dusty Johnson (R-South Dakota), Pete Stauber (R-Minnesota) and Susan Wild (D-Pennsylvania). In addition, it is supported by the Owner-Operator Independent Drivers Association, the American Trucking Associations, the National Association of Small Trucking Companies and more.
The bill would set aside $ 755 million from the Highway Trust Fund for states to fund projects to increase parking spaces for commercial truck drivers. Funding could be used for building new truck parking facilities, expanding truck parking at existing rest areas, converting space to existing weigh stations or any other innovative solution that increases capacity. .
“We have been sounding the alarm bells on the truck parking crisis for decades,” said OOIDA President Todd Spencer. “While Congress and the Federal Highway Administration have attempted to address this issue with the enactment of Jason’s Law and the launch of the National Coalition on Truck Parking, the continued growth in the parking shortage shows that the status quo does is not sustainable. Congress must provide a dedicated federal investment to increase capacity if it is serious about solving the problem. ”
ATA President and CEO Chris Spear has called the shortage of safe parking an “untenable dilemma” that puts drivers in the position to “keep driving when they are tired and possibly in violation. their federal hours of service requirements, or parking in unsafe locations. , sometimes illegal locations, such as a roadside shoulder, ”he said.
Currently there are more than 11 truck drivers for each parking space. Studies show that 98% of drivers report problems finding safe truck parking, and the average driver spends 56 minutes of available driving time each day looking for parking. This lost time is equivalent to a loss of $ 5,500 in annual pay, or a 12% annual pay cut. Additionally, 58% of all drivers admit to parking in unauthorized or non-designated areas at least three times a week to meet their parking needs.
Three more months to apply for PPP money
Owner-operators now have an additional three months to apply for paycheck protection program funding after President Biden signed today the P3 Extension Act of 2021.
The measure extended the deadline from March 31 to June 30 for companies interested in a loan, which in most cases can be canceled, thus turning the loan into a grant.
Many rental operators and small fleet customers who have received assistance through financial service provider ATBS have received loans of approximately $ 10,000. Most borrowers go through banks to obtain the loans under the program, which is administered by the US Small Business Administration.
Business owners who received a loan in a previous P3 cycle must have experienced a drop in income of at least 25% for any quarter in 2020 compared to the same quarter in 2019.
See Overdriverecent history for more information.
Diesel prices fall for the first time in nearly five months
For the first time since early November, the average price of diesel prices in the United States fell in the most recent week, according to the Department of Energy’s weekly report.
During the week ending March 29, the average price of a gallon of on-road diesel fell 3.3 cents to $ 3.161, ending a string of 20-week increases that saw fuel rise in 82 cents arrow. Prices peaked at $ 3,194 per gallon nationwide in the week ending March 22, which was the highest average fuel price since December 2018.
The most recent week saw prices drop in all regions except California, which saw a slight increase of two-tenths of a cent. The largest drop was seen in the Midwest region, where prices fell 4.5 cents.
The country’s most expensive fuel remains in California at $ 3,982 per gallon, followed by the Rocky Mountain region at $ 3,294 per gallon.
The cheapest diesel is found in the Gulf Coast region at $ 2.955 per gallon, followed by the Lower Atlantic region at $ 3.041 per gallon.
Prices in other regions, according to the DOE, are:
- New England – $ 3,091
- Central Atlantic – $ 3,274
- Midwest – $ 3,104
- West Coast minus California – 3.272
ProMiles figures in the same week saw fuel prices drop 1.9 cents, taking its national average to $ 3.143 per gallon.
According to ProMiles’ Fuel Surcharge Index, the most expensive diesel is in California at $ 3.865 per gallon, and the cheapest is in the Gulf Coast region at $ 2.961 per gallon.
TransAm Trucking increases owner’s salary
Kansas-headquartered TransAm Trucking this week announced a 3-cent-per-mile increase for existing and new independent contractors.
The company’s independent contractors will now start at $ 1.07 per loaded and empty mile. The company also implemented an accelerated rate increase for owner-operators with an increase of 5 cents per mile after six months of continuous service with TransAm.
Within six months, owner-operators with TransAm could earn $ 1.12 per loaded and empty mile, which is in addition to other bonus opportunities offered by the company.