Another new highway funding story this week that impacts the trucking and expedited freight sector sees an ambitious new revenue scheme in Rhode Island backed by Governor Gina Raimondo that will see all large commercial vehicles pay a hefty toll to pass through the state.
By way of response, the Rhode Island Trucking Association have said that the bill would have a severely negative impact on the state's economy. The proposal is called RhodeWorks and would see an increase in infrastructure investment revenue from $3.7 billion to $4.8 billion through 2024 for the Rhode Island Department of Transportation.
The ambitious scheme expects to create about 12,000 jobs, fix over 150 structurally deficient bridges in addition to repairing 500 bridges so they do not later become classified as structurally deficient. The Governor states that tackling these objectives now will save money in the long-term.
The strategy involves bridge funding via a proposed a $700 million revenue bond, with $400 million earmarked for bridge repairs on Routes 6 and 10 and the remainder to be used elsewhere throughout the state. To pay off the funding, RhodeWorks would assess a fee on large commercial vehicles, primarily along bridges on six main routes. These revenues would be collected electronically without tollbooths, and would potentially raise $100 million per year. No other vehicles, including cars, motorcycles, SUVs, pick-up trucks or small commercial vehicles, will be assessed the fee.
But Bill Fischer, the spokesperson for the Rhode Island Trucking Association, said it will be bad for small businesses in the Ocean State.
“All documentation we've seen about the plan is very clear they want to tax class six, three axle vehicles and up. That's a common home heating delivery vehicle, a furniture store delivery vehicle, a larger tow truck and we're very concerned on the impact that this is going to have. Those tolling charges are going to be passed onto the consumer.”
Presently the plan is still in the review stages but full details can be accessed here at the Rhode Island DOT website.
Related Blog Posts
Obstacles & Opportunities: 5 Greatest Challenges In Expedited Trucking
Growing pains are a reality in every industry, and expedited freight is no exception. As the market evolves and public policy changes, trucking companies of all stripes must adapt or risk going out of business. The American Transport Research Institute (ATRI) recently published a report on the challenges that carriers must deal with going forward.
Tesla, Navista Compete To Unveil The Leading Electric Trucks
Tesla has long billed itself as the leader in advanced and sustainable vehicles. But when it comes to electric trucks, the company is at risk of being upstaged.
Expedited Freight Quote
A freight quote is an estimate provided by a carrier or third-party logistics provider that outlines the cost of transporting goods from one location to another. It’s based on a variety of factors, including the weight and dimensions of the shipment, the distance between pickup and delivery locations, and the chosen method of transportation.
THE RISE OF EXPEDITED FREIGHT JOBS
In today's fast-paced logistics world, getting things delivered on time is very important for both businesses and consumers. With the increasing demand for rapid delivery services, expedited freight has become an essential component of the supply chain.
Industries We Serve
Modern day hot shot trucking provides the speed and exclusivity you need to meet the most demanding and time-sensitive shipping requirements. We use every resource, avenue, and channel available to ship your freight by ground or air. Designed specifically to address supply and distribution problems that arise without warning, hotshot trucking tactics involve coordinating a network of carriers in a variety of locations. By calling on the vehicles closest to your supply or distribution points, hotshot brokers can fill any sudden gaps in your supply network almost as soon as they happen. This minimizes the disruption to your business and allows you to quickly return to ordinary operations, weathering the storm without skipping a beat.
Automotive
The automotive supply chain already has significant challenges. Don’t let malfunctioning equipment stop the production line. Step on the gas with HotShotTrucking.com’s suite of services that will get you back in the fast lane. With HotShotTrucking.com, companies are devising shipping strategies to swiftly deliver critical parts and equipment — whether it's ground expedite service with sprinter vans, box trucks and 53-foot tractor trailers or air freight and air cargo.
Aviation & Aerospace
Every moment a commercial airliner sits on the ground, it costs an airline money. Expedited freight services by HotShotTrucking.com can get you back in the air with prompt delivery of parts and equipment throughout North America. We are equipped with the expertise to navigate the complexities of shipping jet engines and other types of loads, and our network of hot shot drivers has extensive experience transporting aviation assets.
Construction
One shipping delay can snowball and cause delays throughout your entire project. You need an experienced 3PL provider who understands the construction industry and has the logistical reach to deliver your freight on time, anywhere. That 3PL partner is HotShotTrucking.com. Whether in the air or on the ground via truck and trailer, we can connect companies to expedited freight services for the prompt delivery of parts and equipment throughout North America.
Mining & Metals
From cranes to chemicals to excavators to conveyor belts, HotShotTrucking.com has the experience and industry know-how required for shipping sensitive, oversized, and hazardous equipment. Third-party hot shot trucking and logistics providers such as HotShotTrucking.com specialize in devising and implementing innovative shipping solutions, ensuring mines can swiftly return to operation. We’ll pick up your shipment, deliver it to the airport and receive it at the other end – providing hand-carried service as necessary or required.
Manufacturing
Every moment a manufacturing facility or factory sits idle costs a company money because of the high costs involved. With many manufacturers building to only just-in-time production rates, any disruption threatens parts and vehicle inventories. This is where the speed and expertise of freight services from HotShotTrucking.com can make a difference throughout the entire manufacturing supply chain. We do all the logistical legwork to find the optimal solution for your job, whether it's an exclusive air charter or expedited ground shipping.
Telecommunications
From servers to cell towers, information, voice, and data must flow to keep businesses, production, and the public online and connected. When equipment goes dark, depend on HotShotTrucking.com to get your systems flashing green again. This is where the speed and experience of trucking and freight services from HotShotTrucking.com can help. Our hot shot truck network excels at the prompt delivery of parts and equipment throughout North America.
Oil & Gas
The oil and gas industry faces challenging conditions in offshore and onshore oil rigs, often in remote locations with limited infrastructure. Don’t let oil pumps or pipelines sit idle waiting for equipment. By having the right plans, parts, people, and logistics partner like HotShotTrucking.com, you can effectively mitigate plant or pump downtime, unscheduled disruptions, and equipment failures.
Cost of Urgent Shipping
Which of our specialized shipping services best fits your needs?
Blog and Resource Center
How AirFreight.com Solved a PGA Tour Shipping Emergency
Learn how AirFreight.com located a lost shipment and helped save the PGA Golf Tour.
How AirFreight.com Saved The Farm By Solving A Major Shipping Delay
Learn how we saved a Montana-based artisanal farm thousands of dollars by expediting a shipment of perishable goods.
Expedited Shipping Vendor Comparison
We’ve done the research for you. This vendor comparison sheet breaks down how AirFreight.com stacks up against the competition.
talk to an expeditor now
Get a Quote in Minutes for Your Time Critical Freight Needs
GET A QUOTECall (800) 704-7145