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ELD Mandate and More | Weekly News Update

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Last week saw movement towards a delay in the ELD mandate, while efforts to reduce OPEC crude oil production stagnated resulting in falling oil prices. Meanwhile, Elon Musk indicates progress in his vision for an underground “hyperloop” on the east coast, though many question the validity of his eager claims. Mack Trucks entered the arena of sponsorship deals—uncertain territory for a heavy-machinery company—in an exciting new partnership with an NFL defensive end. Read more below.

Challenge to the ELD Mandate

In transportation news, the US House Appropriations Committee is working to create legislation that could delay or overturn the requirement to implement electronic logging devices (ELD) by December 18th, 2017. The current push on the ELD mandate is led in part by the Owner-Operator Independent Drivers Association (OOIDA), who believes that the current requirements are too taxing on small carriers.

“In light of the heavy burden of this mandate, especially on small carriers, the committee directs the Department to analyze whether a full or targeted delay in ELD implementation and enforcement would be appropriate” says a report cited in the Commercial Carrier Journal. The report asks FMCSA to produce its findings within 60 days.

The OOIDA has previously led a legal challenge of the ELD mandate, which was struck down by the US Supreme Court this past June. To move the ELD amendment forward, it will need to be accepted and passed by the House of Representatives, make its way through the Senate, and ultimately pass a combined committee of the House and Senate.

In Other News

7/19

ESPN – Raiders star Khalil Mack signs deal to endorse Mack Trucks

Khalil Mack—an All-Pro defender with the Oakland Raiders—entered an endorsement deal with Mack Trucks in an effort to bolster digital and social media efforts by the heavy-duty trucking company. The move plays on the shared name but hopes to “build brand awareness and affinity and connect with both existing and potential customers.”

7/20

Futurism – Elon Musk Just Announced He Has Approval to Build a 29-Minute Hyperloop from NY to DC

Elon Musk has announced via Twitter that he received verbal approval for this plan to build an underground Hyperloop between New York and Washington—which would also stop at Philadelphia and Baltimore.

Bloomberg – Oil Producers Don’t Have a Plan to End the Glut

OPEC and Russia’s plan to clear the global oil glut hasn’t worked as they hoped, but there’s little expectation the world’s largest producers will act more aggressively when they meet this weekend.

Reuters – Oil falls on report showing OPEC deal compliance falling in July

Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite the group’s pledge to curb output, reigniting concerns the market will stay awash with crude.

NGT News – Sheehy Mail Contractors Combines CNG, Hydrogen Tech for Truck Fleet

Sheehy Mail Contractors has combined compressed natural gas and hydrogen technologies in an effort to reduce emissions from the fleet owner’s 100 trucks.

This weekly publication is designed to highlight relevant industry news to provide professionals in the transportation, supply chain, and energy sectors with up-to-date information in a rapidly changing marketplace. This update is purely a compilation of industry news and as such, does not necessarily reflect the opinion of Breakthrough®Fuel. We do not warrant or guarantee accuracy or completeness of information. For additional information, please contact us at info@breakthroughfuel.com.

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