The Results Are In: Now What Happens with a New Administration?
With the 2024 presidential election concluded and former President Donald Trump poised to serve another term as the 47th President of the United States, Republicans have taken control of the U.S. Senate, and it appears likely they will maintain control of the House of Representatives. This political shift has significant implications for transportation policy, supply chain dynamics and the policies impacting Transportation Intermediaries Association (TIA) members.
President Trump is likely to prioritize transportation infrastructure expansion, focusing on highway and rural development, while potentially reducing urban transit funding. His previous administration emphasized rural and highway infrastructure projects, often reallocating funds from large urban transit initiatives. This could mean limited federal support for new or ongoing urban infrastructure projects, such as the New York Gateway tunnel, signaling a preference for rural over urban development.
TIA stands ready to work with President Trump and the Republican congress to advance the priorities of the association and the betterment of the logistics industry.
Regulatory rollbacks are also anticipated, especially regarding environmental standards and labor policies. Under Trump’s prior administration, labor policies provided clearer guidance on key issues, such as the classification of independent contractors versus employees, which has since been muddied by more recent policy shifts. His administration may seek to restore previous standards, aiming to simplify regulatory guidance for businesses.
Key rulemakings will continue to be crucial for TIA members. For instance, the Safety Fitness Determination rule, which assesses motor carrier safety ratings, is expected to receive attention. The previous Trump administration rolled back aspects of this rule, and addressing the issue of the 92% of motor carriers currently unrated remains a priority. Additionally, TIA will advocate for the removal of the broker transparency rule, arguing that it conflicts with market conditions and trade secret protections.
Lastly, the Trump administration will need to address the expiring 2017 tax breaks, which benefitted transportation and logistics companies by encouraging investments in equipment, technology and workforce development. These policies have supported sector growth and maintaining them will be a priority as they approach expiration at the end of 2025.
TIA stands ready to work with President Trump and the Republican congress to advance the priorities of the association and the betterment of the logistics industry.
Burroughs is the president & CEO of TIA. You can reach him at burroughs@tianet.org