Skip to content
Search AI Powered

Latest Stories

newsworthy

House bill would use import duties to finance freight-only road, rail projects

Bill would divert 5 percent of all import duties to pay for freight.

House bill would use import duties to finance freight-only road, rail projects

Legislation has been introduced in the U.S. House of Representatives to use 5 percent of all import duties to finance a trust fund dedicated for freight-only mobility projects.

The "National Freight Network Trust Fund Act of 2014," introduced by Rep. Janice Hahn (D-Calif.), would channel duties into a separate fund that would pay for road improvements within a federally designated "national freight network," as well as those rail lines that connect the network to the country's ports-of-entry.


In the most recent transport-funding bill that became law two years ago, Congress mandated the Department of Transportation to establish a nationwide freight network within a year of the bill's enactment. That remains a work in progress, however.

Hahn's legislation is not the first to call for the creation of a trust fund to be used to only pay for freight projects. However, it is believed to be the first time that the proceeds from import duties would be designated as the funding source.

In a statement, Rep. Hahn said her bill ensures that the improvements to the goods-movement infrastructure would be paid for by those who would most benefit from it. "The taxes and fees our nation collects should be spent on the purpose they were collected for, much like the Harbor Maintenance Tax is spent to improve ports," she said in a statement.

Hahn represents California's 44th Congressional District, which includes the Port of Los Angeles. It does not include the adjacent Port of Long Beach.

The Latest

More Stories

AI sensors on manufacturing machine

AI firm Augury banks $75 million in fresh VC

The New York-based industrial artificial intelligence (AI) provider Augury has raised $75 million for its process optimization tools for manufacturers, in a deal that values the company at more than $1 billion, the firm said today.

According to Augury, its goal is deliver a new generation of AI solutions that provide the accuracy and reliability manufacturers need to make AI a trusted partner in every phase of the manufacturing process.

Keep ReadingShow less

Featured

AMR robots in a warehouse

Indian AMR firm Anscer expands to U.S. with new VC funding

The Indian warehouse robotics provider Anscer has landed new funding and is expanding into the U.S. with a new regional headquarters in Austin, Texas.

Bangalore-based Anscer had recently announced new financial backing from early-stage focused venture capital firm InfoEdge Ventures.

Keep ReadingShow less
Report: 65% of consumers made holiday returns this year

Report: 65% of consumers made holiday returns this year

Supply chains continue to deal with a growing volume of returns following the holiday peak season, and 2024 was no exception. Recent survey data from product information management technology company Akeneo showed that 65% of shoppers made holiday returns this year, with most reporting that their experience played a large role in their reason for doing so.

The survey—which included information from more than 1,000 U.S. consumers gathered in January—provides insight into the main reasons consumers return products, generational differences in return and online shopping behaviors, and the steadily growing influence that sustainability has on consumers.

Keep ReadingShow less

Automation delivers results for high-end designer

When you get the chance to automate your distribution center, take it.

That's exactly what leaders at interior design house Thibaut Design did when they relocated operations from two New Jersey distribution centers (DCs) into a single facility in Charlotte, North Carolina, in 2019. Moving to an "empty shell of a building," as Thibaut's Michael Fechter describes it, was the perfect time to switch from a manual picking system to an automated one—in this case, one that would be driven by voice-directed technology.

Keep ReadingShow less

In search of the right WMS

IT projects can be daunting, especially when the project involves upgrading a warehouse management system (WMS) to support an expansive network of warehousing and logistics facilities. Global third-party logistics service provider (3PL) CJ Logistics experienced this first-hand recently, embarking on a WMS selection process that would both upgrade performance and enhance security for its U.S. business network.

The company was operating on three different platforms across more than 35 warehouse facilities and wanted to pare that down to help standardize operations, optimize costs, and make it easier to scale the business, according to CIO Sean Moore.

Keep ReadingShow less