Overdrive

May 2015

Overdrive Magazine | Trucking Business News & Owner Operator Info

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20 | Overdrive | May 2015 LOGBOOK © 2015 CAT Scale Company CAT Scale's Weigh My Truck app allows you to weigh and pay for your transaction using your smartphone. Find out more at weighmytruck.com. Now accepting the EFS Fleet Card as a payment option! CAT OD 021115_Layout 1 2/11/15 11:22 AM Page 1 Untitled-1 1 2/12/15 2:05 PM The number of U.S. tolled road miles grew by 15.1 percent from 2003 to 2013, according to a study by the Brookings Institute. By 2013, nearly 5,400 miles across U.S. interstate and non-interstate roads were tolled, the study says. Meanwhile, total system mileage grew by just 3.6 percent in the same time- span, Brookings said. Tolled interstate mileage grew by about 17 percent in 2003-2013, while total interstate mileage grew by just more than 2 percent. Brookings points to federal lawmakers' failure to pass a long-term highway funding bill as reason for the jump in tolled mileage. "Amidst federal dysfunction, every fi nancing option appears to be on the table to repair the country's infrastructure, and tolls are likely to be one of many possibilities attracting attention in the months to come," Brookings wrote. Researchers said the trend could continue. Many states have initiatives in the works to make tolls a "viable high- way funding option" follow- ing trends set by other states that already have tolling expansion plans underway, Brookings said. – James Jaillet New toll mileage outpaces system growth PARTNERS IN BUSINESS TIP: UPDATE INSURANCE BASICS You don't want to be over- or underinsured. Talk to your insurance agent every year to adjust your physical damage coverage according to your equipment's changing value. Also review any changes in your average miles and freight. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation's largest owner-op- erator business services fi rm. It is sponsored by Ryder and Goodyear Smart Fleet. Free seminars will be held Aug. 28-29 at the Great American Trucking Show in Dallas. The Partners in Business manual is available for order at eTruckerStore.com.

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