We wrote around fifteen months ago about how YRC Worldwide received a $700 million cash infusion to help survive the COVID-19 pandemic. Democrats in the House of Representatives now want to investigate the circumstances regarding that loan, saying that under the Trump Administration that some foul play may have been involved.DetailsThe Coronavirus Aid, Relief, and […]
The House of Representatives appears to be much less interested in spending money than the Senate. While the Senate passed a bill authorizing $1 trillion in spending for infrastructure, the House Committee on Transportation and Infrastructure put forth its portion of the 2022 Budget Reconciliation Bill. It has $60 billion set for infrastructure and carbon […]
In a vote of 69-30 (with one senator absent), the United States Senate has voted to pass H.R. 3684, also known as the Infrastructure Investment and Jobs Act of 2021 or the INVEST in America Act. What does the bill entail, and how are truckers affected should it pass the House of Representatives? H.R. 3684 […]
Some causes are worth continuously fighting for. On the 22nd of July, Senator Todd Young (R-IN) introduced bill S.2435 co-sponsored by Senator Ben Cardin (D-MD) to repeal the Federal Excise Tax (FET) on new heavy-duty truck purchases. This is not the first time that the FET has been under scrutiny, but with senators behind it, […]
American Trucking Simulator is a mostly realistic computer game, but it allows for a lot of trucking fantasies that would never be obtainable in real life. One of our favorites is smashing on the accelerator while traveling downhill on the 80 from Truckee to Sacramento, hitting 102 miles per hour and almost doubling the speed […]
It appears as though every single bill relating to trucking that died in the halls of Congress in 2020 is making a comeback for the new year. The latest one is the Improving National Safety by Updating the Required Amount of Insurance Needed by Commercial Motor Vehicles per Event (INSURANCE) Act of 2019. Despite its […]
If you are a citizen of 49 different states or the District of Columbia (New York being the sole exception), you can drive with a CDL within state borders at various ages between 18 and 21. Once a truck driver crosses state borders, however, it becomes a federal issue and the CDL holder must be at least 21.
On March 31st, the office of Joe Biden released the details for the American Jobs Plan. The entire infrastructure plan press release clocks in at almost 12,000 words. Reading it is a time-consuming project, but if you want to, you can view it on the fact sheet webpage. For those who have better things to […]
2021 is the new 2020. While many bills related to the trucking industry died in the legislative process in the previous year, many of them are getting a second wind with a new Congress and White House. One of these is an attempt to resolve the perpetual problem of truck parking, a problem that was […]
Side guards might seem like another costly regulation for truckers, but they can help other drivers keep ahead.
On February 17th, Biden continued his streak of changing gears from his predecessor by rescinding Executive Order 13801. As you can imagine from reading about it here, this impacts the trucking industry. Here is what Executive Order 13801 entailed and what Biden is doing to replace it.Executive Order 13801Hoping to bolster the use of such […]
You may remember that TopMark Funding wrote about the INVEST in America Act in the past. What we know now is that the House Committee on Transportation and Infrastructure has deliberated on it further. They went through over 24 hours of debate and more than 175 different proposed amendments. The finished bill was an act […]
At TopMark Funding, we mostly like to report on the facts when it comes to the news and allow our readers to reach their own conclusions. The recent news about the Investing in a New Vision for the Environment and Surface Transportation in America (INVEST in America) Act may leave truckers worried about how it […]
How much is added flexibility to your driving workday worth to you? House Democrats on Capitol Hill unveiled the Investing in a New Vision for the Environment and Surface Transportation in America (INVEST in America) Act on Wednesday, May 3rd. The bill is 864 pages long, but the two biggest pieces that should interest truck […]
