TRALA: Road to '07 incentives runs uphill

June 1, 2004
The Truck Renting & Leasing Association (TRALA) believes an incentive package is necessary to convince fleets to buy low-emission truck technology in

The Truck Renting & Leasing Association (TRALA) believes an incentive package is necessary to convince fleets to buy low-emission truck technology in 2007 and 2010, but thinks the industry faces an uphill battle to get them.

“The main goal with incentives — tax credits or otherwise — is to encourage the purchase of trucks in 2007 and 2010 in order to maximize the environmental benefits of the lower-emission technology while minimizing market disruptions,” said Tom James, TRALA vice-president — legislative affairs.

“However, it's going to require a lot of work to get an incentive package,” he said. “It's going to require a long-term education effort to get United States congressmen and their staffs to recognize how bad a market disruption on the order of what we experienced in 2002 can be.”

James also said the trucking industry could present economic models detailing how a “pre-buy” can throw truck manufacturing and new and used truck sales cycles out of whack, but that it may not help as much as hoped.

“For most on Capitol Hill, it's hard for them to realize how bad a disruption a pre-buy can be until it happens,” he said. “It's not a real crisis until it actually occurs.”

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...

Fleet Industry Benchmarks: How does your fleet stack up?

Discover how your fleet compares to industry benchmarks and gain insights from a 2024 Benchmarking Report on maintenance spend, turnaround time, and more. Join us to identify ...

Build a Tolling Program to Manage Toll Fees and Risks

Fleets looking to effectively manage their operational costs should consider their tolling costs. Download the PrePass whitepaper, “Build a Tolling Program to Manage Toll Fees...

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...