Finding ways to improve the supply chain continues to be a top priority. Several bills are pending in Congress that can make a big impact on the inland freight industry. Only time will tell if these bills will eventually become law.
Here is an overview of the different bills that could make an impact on inland freight.
The Truck Parking Safety Improvement Act was introduced in late March, as it would allow the Department of Transportation to provide parking for commercial trucks using federal highways. Grants totaling $755 million over the next five years will be dedicated to truck parking.
This bill is receiving strong support from the Owner-Operator Independent Drivers Association and the American Trucking Association, as it has a strong chance of eventually passing in Congress.
The FREIGHT Act was introduced last November as it addresses ongoing freight challenges. The bill also establishes policies to provide long-term support for the transportation network.
One of the focuses of this bill is to solve systemic problems at U.S. ports by establishing a grant program that allows port authorities to standardize documents for transferring cargo.
The C-TPAT Act focuses on creating a program to expedite the movement of freight by reducing international supply chain disruptions while still keeping the border secure. The Homeland Security Committee passed this bill on March 2nd with strong bipartisan support.
Additionally, the Homeland Security and Government Affairs Committee also passed this bill in the senate, which increases the likelihood of this bill eventually becoming law.
The STEER Act was introduced near the end of July in 2021, as its goal is to establish a voucher program for buying and installing fuel-efficient and emission-decreasing technology for trucks. This legislation would play a key role in helping private companies and individuals cover the expenses for making these upgrades.
The voucher would range anywhere from $2,500 to $4,000 per truck. Currently, the bill is being reviewed by a committee, as it's unknown if it will receive enough support.
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Topics: Shippers, Carriers/Truckers, News