|Oregon's trucking industry accelerates||| Print ||
Due to growing interstate commerce, Oregon taxes on commercial trucking rose more than 30% between 2002 and 2005, nearly reaching $250 million annually. While the state collects no fuel taxes from truckers, its weight-distance tax is hefty enough that the American Trucking Association (ATA) ranks it No. 1 in state highway user taxes. A typical “five-axle tractor-semi-trailer combination” weighing 80,000 pounds would pay $11,037 annually here compared to $5,607 in Washington and $6,481 in California. Only 4.1% of U.S. interstate motor carriers — an industry dominated by small companies — are based in the Pacific Northwest, but for-hire truck drivers account for 1.3% of Oregon’s private workforce, slightly higher than the U.S. average. A 2005 report by research firm Global Insight found that long-haul trucking was short 20,000 drivers in 2004, and forecast even greater shortages in years to come. U.S. revenue-per-mile, as indexed by the ATA, has increased steadily over the last 10 years with a big 9% increase in 2004, yet it has not kept pace with general inflation.
Source: ATA, American Trucking Trends 2005-2006
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Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013
From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.
MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.
As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.