Political Economy

Federal Measures Target Predatory Towing Practices in the Trucking Industry
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Federal Measures Target Predatory Towing Practices in the Trucking Industry

The trucking industry, vital to the U.S. supply chain, has long struggled with predatory towing practices, including inflated fees and the illegal withholding of vehicles. These practices disrupt operations and cost motor carriers millions annually. To address this, the “Truck Towing Fairness Act” (H.R. 5678), introduced in July 2024, seeks to implement much-needed regulations to…

Trump Tariffs Could Impact Trucking Industry: A Closer Look

Trump Tariffs Could Impact Trucking Industry: A Closer Look

December 31, 2024 — President-elect Donald Trump’s proposed tariffs on goods imported from China, Mexico, and Canada are set to affect a broad spectrum of U.S. industries, including trucking. While proponents argue the tariffs could benefit domestic manufacturers and protect American jobs, experts warn of potential drawbacks for the transportation sector. Potential Benefits to Trucking…