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Midwest Edition
March 5 2022 Vol. XXVIII • No. 5
“The Nation’s Best Read Construction Newspaper… Founded 1957.” 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • www.constructionequipmentguide.com
Inside
Jeff Martin Holds Annual Fla. Auctions in Kissimmee...74
Buyers Out in Force for Yoder & Frey’s 48th Annual Fla. Sale...78
Kansas City Zoo photo
Kansas City Zoo’s new $75 million 600,000-gal. aquarium has JE Dunn Construction crews working through winter conditions. Ritchie Bros. Debuts New Tool at Annual Orlando Sale...82
Table of Contents.............4 Aggregate and Recycling Section......................31-43 Attachment Section ...................................51-56 Trucks & Trailer Section ...................................61-67 Business Calendar..........70 Auction Section ........72-87 Advertisers Index ..........86
The gas tax, a source of revenue for U.S. infrastructure construction and maintenance, is threatened by both the growth in electric vehicle technology and a Congressional proposal l to suspend it for 2022.
Pain in the Wallet As Gas Taxes Dwindle From Electric Vehicle Use, Congress Looks for Solutions, Strategies By Lucy Perry CEG CORRESPONDENT
For all its faults, the Highway Trust Fund, funded through gas tax revenue, is the main financial support for America’s roads and bridges. It hasn’t increased with inflation — in fact, it hasn’t increased in almost 30 years — even as road and bridge conditions deteriorate. Despite the grim picture of U.S. infrastructure these days, the fund is under fire from several directions. The push is on at the federal and
state level to see more electric vehicles on America’s roads. But as the number of EVs grows, gas tax revenues shrink. Historically, Congress has relied on a general revenue transfer in the Highway Trust Fund to make up for the gap due to inflation. How will funds lost to EV technology be recouped? Pile on a Congressional bill floated this winter that would suspend the gas tax for 2022 and the infrastructure picture is even more dire. see FUNDING page 68
