The Heavy Duty Truck maintenance and repair industries are experiencing a skilled labor shortage as those working the technician positions in the Baby Boomer demographic retire in greater numbers than those replacing them, causing the unintended consequence of higher shop labor rates. “The key differences impacting maintenance costs today are skilled labor shortages combined with advancements in vehicle technology. Employees with advanced technical skills are becoming more difficult to find…
Read MoreTennessee & California Increase Diesel Taxes
Governors in Tennessee & California recently signed legislation into law that will increase diesel fuel taxes in those states later this year. Tennessee Gov. Bill Haslam signed in late April the “IMPROVE Act,” which will raise diesel fuel taxes by 10 cents over the next three years. The excise tax on diesel will jump on July 1 by 4 cents from 18.4 cents per gallon to 22.4 cents per gallon.…
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