NAFA puts issue of United States Highway Trust Fund under focus

By / 9 years ago / News / No Comments

The United States Highway Trust Fund, as defined, is a transportation fund which receives money from a federal fuel tax of 18.3 cents per gallon on gasoline and 24.4 cents per gallon of diesel fuel and related excise taxes.

Commenting on recent events, NAFA said: “In the summer of 2014, with funding for the Highway Trust Fund (HTF) hanging by a metaphorical thread and Congress about to leave town for summer break, a last-minute stopgap effort emerged to temporarily keep money going to the HTF.

“NAFA Fleet Management Association, as well as other associations and agencies, pushed hard for something with more permanence and stability, and not another “can kicked down the road,” but it was the best conclusion one could get under the circumstances.

“There is bipartisan concern for the infrastructure, but there is no single agreed-upon idea for what to do about it – and the countdown clock is once again ticking on the stopgap funding measure that will sunset on 31 May 2015.”

The latest issue of the FLEETSolutions magazine will take on this subject with statements from political leaders.

“The safety and security of all drivers, including fleet drivers, depends on the well-maintained state of the infrastructure,” said NAFA CEO Phillip E. Russo. “Having come so close to the brink in 2014, it was inconceivable that we would repeat that scenario again, and yet, here we are. The Highway Trust Fund was a natural and necessary topic for FLEETSolutions to cover, and it is important for fleet professionals to know what is happening, to have an informed viewpoint, and to make their voices heard on the subject.”

The May/June issue of FLEETSolutions will also cover the necessity for balancing resources for realistic asset management, a discussion about biodiesel fuel, a look at NAFA’s Board of Trustees for the 2015-2016 term, and much more.

“NAFA’s FLEETSolutions is committed to bringing those subjects to light for fleet professionals,” Russo said. “NAFA believes it is our responsibility to dig and learn, no matter what, and we do that with every issue.” 

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.

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