Keeping You Informed

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      Trump Tax Law Impact: A recently enacted tax package has drawn both praise and criticism. It restores a 100% bonus                    depreciation provision, allowing for upfront tax write-offs on certain property like trucks and trailers, and increases the estate         and gift tax exemption. Trucking groups like the ATA believe this will allow carriers, especially small businesses, to reinvest            and grow. However, criticism remains regarding the exclusion of truckers from overtime protections under the Fair Labor                 Standards Act of 1938.

      

       Economic Outlook and Freight Demand: The trucking industry continues to navigate a rebalancing process after a period of           soft freight demand. While there's a cautious optimism for a slow recovery, especially in the latter half of 2025, challenges             persist. Elevated interest rates, inventory overhangs, and trade policy uncertainty (including tariffs) are impacting production         costs and disrupting trade flows, leading to subdued freight volumes. Some experts anticipate a modest increase in spot               rates toward the end of the year as capacity normalizes and consumer spending potentially picks up.

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