Did You Know? May 2025
May 23, 2025
- Research from the American Transportation Research Institute has indicated that a repeal of the 12 percent excise tax for new trucks costs more than $20,000 for a typical new class 8 tractor, and depending on the truck and trailer type, the tax could exceed $50,000 for a combination unit.
The United States’ top four trading partners—the European Union, Mexico, Canada, and China—accounted for 60 percent of total US trade in 2024, and the top nine trading partners made up three-quarters of all trade with the U.S.
FMCSA revoked 8 ELDs for non-compliance effective May 12. Carriers using AllwaysTrack, Command Alkon Trackit, ELDX, Gorilla Safety Compact ELD, HCSS ELD, LB Technologies FleetTrack HOS, Simplex ELD 2GO, and Trucker Path ELD Pro have 60 days for replacement with compliant devices before penalties kick in July 11, to include drivers potentially being placed OOS.