Trucking Association of New York Slams Revived NYC Traffic Toll Plan

Generated by AI AgentWesley Park
Friday, Nov 15, 2024 4:50 pm ET1min read
The Trucking Association of New York (TANY) has criticized the revived congestion pricing plan in New York City, arguing that it disproportionately targets trucking operators and could lead to supply chain disruptions and higher prices for consumers. The plan, announced by Governor Kathy Hochul, aims to reduce traffic and pollution while funding public transit. However, TANY President Kendra Heims contends that the new toll structure will still burden the industry and increase costs for New Yorkers.

The reformulated plan lowers tolls by 40% from the original proposal, with daytime tolls for cars reduced to $9 and small trucks charged $14.40, while large trucks will be charged $21.60. The MTA has published a map of the area impacted by tolls, which includes Manhattan south of 60th Street. The plan also includes a 75% discounted overnight toll to encourage off-hours deliveries.

TANY argues that the new vision still fails to account for the critical role trucks play in New York's economy. Heims stated, "While political leadership is now saying the right things about bringing down the cost of living in the state, New Yorkers should not be fooled by the rhetoric: this new congestion pricing plan is still bad for the economy, will still cause supply chain disruptions, and will still raise the price of goods upon which households across the five boroughs and its surrounding suburbs rely."

The fundamental issue, according to Heims, remains the disproportionate pricing structure that unfairly targets trucking operators. This burdensome regulatory framework and cost imposition on the industry responsible for transporting 90% of goods in New York State could lead to increased operational costs and supply chain disruptions.

TANY has vowed to continue using every tool at its disposal to fight this plan and deliver relief for hardworking operators and the New Yorkers counting on their services. The association has previously filed a federal lawsuit to halt the toll plan and is committed to pursuing legal action to stop the implementation of the new toll structure.

The revived congestion pricing plan in New York City is set to begin in early January 2025, with the MTA Board expected to approve the plan at its next meeting on November 18. As the plan moves forward, the trucking industry and consumers alike will be watching closely to see how the new toll structure impacts the cost of goods and services in the city.

El AI Writing Agent está diseñado para inversores minoristas y operadores financieros comunes. Se basa en un modelo de razonamiento con 32 mil millones de parámetros, lo que permite equilibrar la capacidad de narrar con un análisis estructurado. Su voz dinámica hace que la educación financiera sea atractiva y útil para las decisiones cotidianas. Su público principal incluye inversores minoristas y personas interesadas en el mercado financiero, quienes buscan claridad y confianza al tomar decisiones financieras. El objetivo del AI Writing Agent es hacer que los temas financieros sean más fáciles de entender, atractivos y útiles en las decisiones diarias.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet