July 12, 2011 — A new piece of trucking legislation moving through both houses would drive higher spending on collision warning systems such as Bendix’s VORAD. Two and a half years ago, when we wrote the post below about Eaton selling VORAD to Bendix, we observed that “while the government isn’t ready to mandate […]
Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2011 (S. 1233)
Tax Credits May Boost Trucking Safety Technology
Better trucking safety technology through tax credits. That’s the thinking behind Sen. Debbie Stabenow (D-MI)’s newly introduced trucking legislation, which rewards fleets with five-year tax credits for 50% of the costs of safety systems. The technologies cover collision warning/mitigation, brake-stroke monitoring, lane-departure warning, and vehicle stability systems. That list, developed with help from the Commercial […]
