Highway Trust Fund

Report: US Vehicle Electrification Will Be a Protracted, Decades-Long Process

Retrieved on: 
Tuesday, September 12, 2023

NEW YORK, Sept. 12, 2023 /PRNewswire/ -- In 2022, the share of electric vehicles (EVs) sold in the US hit a record high of nearly 6%. A new study from The Conference Board projects that even if new EV sales rise gradually to 100% by 2040, 40% of all cars and trucks on the road in 2040 might still be powered by fossil fuels.

Key Points: 
  • According to The Future of US Vehicle Electrification and GHG Emissions , businesses must be prepared to manage their operations in a bifurcated and rapidly changing market environment.
  • "EV adoption is set to surge in the coming decade, but new vehicle sales tell only part of the story," said Alex Heil, Senior Economist at The Conference Board.
  • "Americans are holding on to their cars longer than they once did, with the average age of light vehicles exceeding 12 years in 2022.
  • The transition to EVs will create a bifurcated transportation fuel system that persists for at least the next three decades.

Learn How Neology is Helping Communities around the World at the IBTTA Technology Summit 2023

Retrieved on: 
Monday, April 10, 2023

SAN DIEGO, April 10, 2023 (GLOBE NEWSWIRE) -- Neology, a global innovator that is [re]imagining mobility, will be exhibiting at the International Bridge, Tunnel & Turnpike Association (IBTTA) Technology Summit Apr.

Key Points: 
  • SAN DIEGO, April 10, 2023 (GLOBE NEWSWIRE) -- Neology, a global innovator that is [re]imagining mobility, will be exhibiting at the International Bridge, Tunnel & Turnpike Association (IBTTA) Technology Summit Apr.
  • “We’re excited to showcase how our solutions are transforming mobility around the world,” said Joe Averkamp, Senior Vice President at Neology.
  • 30, 2023, at 3:30pm at the JW Marriott Indianapolis; his topic is titled “Saving the Highway Trust Fund and Improving Sustainability.”
    Also representing Neology at the IBTTA Technology Summit will be Senior Solutions Architect Chris George.
  • Platinum Sponsors work with the IBTTA Board of Directors to set the agenda for IBTTA – and set the agenda for the entire tolling industry.

American Highway Users Alliance Elects Michael Johnson as New Chairman

Retrieved on: 
Wednesday, November 3, 2021

WASHINGTON, Nov. 3, 2021 /PRNewswire/ --The American Highway Users Alliance (Highway Users) is pleased to announce Michael Johnson, President and CEO of the National Stone, Sand and Gravel Association in Alexandria, VA, as the organization's new Chairman.

Key Points: 
  • WASHINGTON, Nov. 3, 2021 /PRNewswire/ --The American Highway Users Alliance (Highway Users) is pleased to announce Michael Johnson, President and CEO of the National Stone, Sand and Gravel Association in Alexandria, VA, as the organization's new Chairman.
  • "I am very honored to be elected Chairman of the American Highway Users Alliance, and I thank former Chairman Gregg Mitchell for guiding the organization during this critical time," Johnson said.
  • "Serving as the Chairman of the American Highway Users Alliance has been an absolute privilege," Mitchell said.
  • Highway Users members pay the taxes that finance the federal highway program and advocate public policies that dedicate those taxes to improved highway safety and mobility.

NATSO Applauds Proposal to Increase Federal Motor Fuels Tax

Retrieved on: 
Wednesday, May 22, 2019

ALEXANDRIA, Va., May 22, 2019 /PRNewswire/ --NATSO, the national association representing truckstops and travel plazas, today applauded a proposal by Representative Earl Blumenauer (D-Ore.) to raise the federal motor fuels tax and index it to inflation.

Key Points: 
  • ALEXANDRIA, Va., May 22, 2019 /PRNewswire/ --NATSO, the national association representing truckstops and travel plazas, today applauded a proposal by Representative Earl Blumenauer (D-Ore.) to raise the federal motor fuels tax and index it to inflation.
  • Rep. Blumenauer's proposal would increase the federal excise tax on gasoline and diesel fuel five cents a year for the next five years.
  • After 2023, the federal gasoline tax would increase to 43.3 cents per gallon and the federal diesel tax would increase to 49.3 cents per gallon.
  • NATSO has long held that increasing the motor fuels tax represents the most efficient means of increasing critical infrastructure revenues.