ABMA signed on to a letter urging the Administration to continue to engage to avoid a rail strike. “It is paramount that these contracts now be ratified, as a rail shutdown would have a significant impact on the U.S. economy and lead to further inflationary pressure.” Read more.
The U.S. transportation sector unemployment rate of 4.3% in September 2022 was below the September 2021 level of 5.7% but was above the pre-pandemic September level of 3.3% in 2019. Read more.
Secretary of State Antony J. Blinken and Secretary of Commerce Gina M. Raimondo co-hosted a Supply Chain Ministerial Forum July 19-20, 2022 to further build cooperation with stakeholders and key partner nations on supply chains.
“With nearly 75% more funding under the Bipartisan Infrastructure Law, this program will streamline CDL trainings to get more drivers on the road, reducing supply chain pressures and making goods more affordable for American families.”
The White House and the U.S. Department of Transportation (DOT) announced that Retired General Stephen R. Lyons, former Commander of the U.S. Transportation Command, will be the new Port and Supply Chain Envoy to the Biden-Harris Administration Supply Chain Disruptions Task Force. Retired General Lyons will take over the role from John D. Porcari.
The Biden administration announced over $368 million in grants to improve rail infrastructure and enhance and strengthen supply chains. 46 projects in 32 states will modernize rail across rural and urban communities, enable economic growth.
U.S. Deputy Secretary of Commerce Don Graves, U.S. Senators Debbie Stabenow and Gary Peters, U.S. Congresswomen Brenda Lawrence and Rashida Tlaib, Michigan Lieutenant Governor Garlin Gilchrist II, and Detroit Mayor Mike Duggan, hosted a Supply Chain Summit, bringing innovation, resilience, and supplier diversity into focus.
Testimony by U.S. Secretary of Commerce Gina Raimondo at the Senate Commerce Committee FY 2023 Budget Hearing
U.S. Secretary of Commerce Gina Raimondo discussed President Biden’s Fiscal Year 2023 Budget Request for the U.S. Department of Commerce (DOC), highlighting its impact on the supply chain and more.
Just before Congress left town for the Presidents Day recess, Rep. Annie Kuster (D-NH-02) reintroduced her legislation that seeks to use the tax code to promote employee development. The Workforce Development Investment Act would create tax incentives to encourage companies to partner with education providers to develop workforce training programs for skills that are in demand within their community or region. It would also create a separate credit for employers to help defray the cost of direct training conducted as part of an educational partnership or licensed apprenticeship.
ABMA met this week with Senator Joe Manchin’s (D-WV) office to discuss the status of the House-passed Build Back Better legislation and our concerns with the tax provisions in the bill. The Senator’s staff confirmed that the legislation is dead in the Senate in its current form. We walked through ABMA’s concerns with the manner in which the legislation relies on tax revenue from small and medium sized businesses by increasing the tax rates on S-Corporations and other pass through tax structures.
Both the House and Senate were in recess this week, but negotiations continue on forging a deal on a more targeted Build Back Better bill that can pass the Senate. On Tuesday, Senator Ron Wyden (D-OR)—Chairman of the Senate Finance Committee—announced that Senate Democrats would soon unveil a compromise measure built around green energy tax credits and a number of health care and prescription drug pricing provisions.
The rapid spread and impacts of the omicron variant has put new urgency on the availability of testing resources for critical infrastructure and essential workers. ABMA signed on to a coalition letter, spearheaded by the Critical Infrastructure Supply Chain Council (CISCC), asking President Biden to prioritize our workers with new testing resources.
Over the weekend, Senator Joe Manchin (D-WV) dealt what could be a fatal blow to President Biden’s comprehensive social spending plan—the Build Back Better Act. The Senator had been signaling for months that he has concerns with the legislation, namely that spending in the bill would threaten to further drive inflation. Although the legislation is being pursued through the budget reconciliation process that requires a mere simple majority instead of the normal 60 votes to clear the upper chamber, every single Democrat must be on board as all Senate Republicans have vowed to oppose the bill.
The Biden administration is increasing its emphasis on the trucking workforce to help relieve supply chain issues.
Federal Motor Carrier Safety Administration (FMCSA) Deputy Administrator Meera Joshi met with multiple transportation organizations in the Midwest last week.