Trucking news and briefs for Monday, May 5, 2025:
Bill would extend the biodiesel tax credit
A bipartisan group of lawmakers has introduced the Biodiesel Tax Credit Extension Act of 2025, which would extend the "40A" biodiesel blender's tax credit. The legislation is sponsored by Representative Mike Carey (R-Ohio) along with Representatives Andrew Garbarino (R-NY), Dusty Johnson (R-SD), Mike Kelly (R-PA), Darin LaHood (R-IL), Claudia Tenney (R-NY), and Mariannette Miller-Meeks (R-Iowa).
The "Biodiesel Tax Credit Extension Act of 2025" would extend the biodiesel tax credit for two years at the blender level. Taxpayers would be able to choose between claiming the Biodiesel Tax Credit or the '45Z' Clean Fuel Production Credit.
Total renewable diesel and biodiesel volumes have declined by 58.8 percent since the Biodiesel Tax Credit expired at the end of 2024, according to NATSO, representing America's travel centers and truck stops, SIGMA: America's Leading Fuel Marketers, and the National Association of Convenience Stores (NACS).
"This legislation comes at a critical juncture, as diminishing renewable diesel and biodiesel volumes are intensifying industry concerns about the ability to meet customer demand," said David Fialkov Executive Vice President of Government Affairs for NATSO and SIGMA.
ATHS truck show set for June
The American Truck Historical Society (ATHS) will host is 2025 ATHS National Convention & Truck Show June 5–7 at the Alliant Energy Center in Madison, Wisconsin.
The event will showcase approximately 1,000 trucks and trailers and includes a vendor expo, educational sessions led by industry experts, and networking opportunities.