- News Story
‘Clean’ Truck Regs, Strong Rate Environment Likely for 2021
January 12, 2021
Source: Fleet Owner
Outside of the regulations coming out of the incoming Biden-led Department of Transportation (DOT) and Federal Motor Carrier Safety Administration after the Jan. 20 U.S. presidential inauguration, industry stakeholders are paying close attention to environmental initiatives that could impact commercial trucking. Analysts are also projecting continued growth and a favorable rate environment for trucking companies throughout 2021.
President-elect Joe Biden has made it a point that his administration will focus on creating a pathway to achieve net-zero emissions no later than 2050. And with an incoming super majority, as Democrats gained control of the House, Senate, and White House, Biden should have very minor roadblocks—if any—when it comes to implementing his environmental agenda.
Erik Neandross, CEO of Gladstein Neandross & Associates (GNA), the firm that organizes the Advanced Clean Transportation (ACT) Expo, explained there has been some discussion making climate change a major part of any sweeping transportation infrastructure bills.