b'10American Journal ofTransportation ajot.com(READYINGcontinueda phased-in approach to zero- tive fault, all aimed at reduc- lectively could undermine themittedtoprovidingour from page 4) emission vehicles with a sig- inghighinsurancecostsforUS economy. For the truckingcustomerswithsuperior TheATAhasamorenificant upfront investment inmotorcarriersandcreatingindustry, which is just emerg- serviceatafairprice.We optimisticoutlookfor2025,new electric trucks, which arewhattheATAdescribesasing from a freight recessionremain confident in our abil-stating, It seems like we hitmoreexpensivethantradi- a fairer legal system for theapossibledipinconsumerity to win market share and bottom in the freight markettionaldieseltrucks.Electrictrucking industry. spending could trigger anotherincreaseshareholdervalue earlierthisyear,2024,andtrucks may also have limitedunwanted dip in freight move- over the long term.we are slowly climbing out ofrangecomparedtodieselp Roposedt aRiffsc ould mentsanddrivinganotherForXPO,2024wasa the freight market hole. Vol- trucks,potentiallyimpact- i mpactg lobalt Rade freight recession. timeforstrategicinvest-umes are finally improving. ing long-haul operations andWhile the trucking indus- ments and significant growth Some carriers are makingcausing more frequent charg- tryissomewhatoptimisticp RepaRing foR2025 initsfootprint.Thecom-aggressiveplanstobesuc- ingstops.Thereisalsotheabout the regulatory environ- Trucking companies pre- pany opened 20 new service cessful in 2025, regardless ofcostofbuildingachargingment in 2025, shipper groups,parefor2025withstrategiccentersacrossthecountry headwindstheymustnavi- infrastructure to consider. like the National Retail Fed- investments, and cost controls from Nashville, Tennessee to gateincludingregulatoryeration (NRF), are concernedFromyieldmanagementColumbus, Ohio to Indianap-requirements, potential tariffsatatoc ontinuea dvocacy about the potential for higherto strategic investments, truck- olis, Indiana in 2024.that may impact global trade,foRt oRtR efoRm tariffswithtradingpartners.ingcompaniesaremakingWe view these new ser-and ongoing advocacy for tortAdditionally,in2025,TheNRFrecentlyreleasedplans to be successful in 2025,vicecentersasinvestments reform to address costly jurytheATAwillcontinuetoa study showing that Ameri- despiteanyheadwindstheyin our next decade of growth, settlementsandincreasedadvocatefortortreformbycanconsumerscouldlosemay need to navigate. positioningustocapitalize insurance rates. workingwithstatetruckingbetween $46 billion and $78In a recent Old Domin- ontheeventualreboundof associations to push for leg- billioninspendingpowerionFreightLinepressthefreightmarkets.Inthe R egulatoRye nviRonment islativechangesatthestateeachyearifnewtariffsonreleaseaboutQ4earnings,shortterm,theyallowedus toc hange withn ew level,primarilyfocusingonimports to the US are imple- MartyFreeman,presidenttoquicklyexpandcapac-a dministRation limitingliabilityinlawsuitsmented. And another concernandCEOstated,Wehaveity in markets where we had Oneofthemorechal- againsttruckingcompaniesisthatthewidespreadlevy- achievedconsistent,cost- outgrownoldfacilities,said lengingregulatoryrequire- throughmeasureslikecapsingoftariffscouldtriggerbased increases in our yieldTim Staroba, president of the mentsforthetruckingondamagesandpromotinginflation and a contraction inmetrics,excludingfuelsur- (READYINGcontinued on industryin2024remainstherecognitionofcompara- consumerspendingthatcol- charges, by remaining com- page 12)aconcernin2025.The EnvironmentalProtection Agency (EPA) rule regarding GreenhouseGasEmissions (GHG3) standards mandates thatby2032,25%ofnew long-haul vehicles and 40% of heavy-duty short-haul and medium-duty vehicles be at zero emissions. Evenmoretroubling forthetruckingindustry isthelatestCaliforniaAir ResourceBoard(CARB) Advanced Clean Fleets regu-lation,whichmandatesthatCLOSERtruckingcompaniesoperat-ing in California must begin a phased-in approach to zero-emission vehicles with a sig-nificant upfront investment in new electric trucks, which are moreexpensivethantradi-tionaldieseltrucks.Electric trucks may also have limitedON THE COLUMBIA RIVER IN WASHINGTON STATErangecomparedtodieselFASTERtrucks,potentiallyimpact-ing long-haul operations and causing more frequent charg-ingstops.Thereisalsothe costofbuildingacharging infrastructure to consider.The ATArecentlycalled onthenationsheavy-dutyDIRECT CONNECTIONS TO MAINLINE RAIL & INTERSTATE HIGHWAYStruckandenginemanu- SMARTERfacturerstoabandontheir agreementswithCalifornia regulators and focus on work-ing with the new presidential administrationtoreopenthe GHG3 to revise it with achiev-able, national standards.Concerningregulatory issuesingeneral,theATASTORAGE OPTIONS & FOREIGN TRADE ZONE SPACEstated that it hopes the TrumpBETTERadministrationwilldowhat thefirstTrumpAdministra-tion did, which the ATA said was looking at all the regula-tionsthatareonthebooks, seeing what works and what doesnt, and eliminating bur-densome regulations.EvenmoretroublingON-DOCK RAIL & DUAL-SERVED BY BNSF & UPforthetruckingindustry isthelatestCaliforniaAir ResourceBoard(CARB) Advanced Clean Fleets regu-lation,whichmandatesthatCONTACT US AT
[email protected] | PORTOFLONGVIEW.COMtruckingcompaniesoperat-ing in California must begin'