Trucking industry concerned about SEC’s proposed climate rules

This article is interesting because of the dilemma of small trucking firms. The SEC will soon require disclosure of climate impact by companies, which will include how they ship their goods. There are scope 1, scope 2 and scope 3 emissions. Scope 3 emissions come from the partners used in supply chains. That would mean documenting the emissions from trucking and other cargo movements. It would include also outbound logistics, such as Amazon Prime. Shipper firms would require their suppliers to provide the required information about their emissions. Smaller firms might be at a disadvantage, having to invest in the equipment and people to monitor those emissions and make improvements. Small truck lines think that would offer an unfair advantage to large carriers, because customers would require this information to participate in bidding.

According to the first article by Alyssa Sporrer, large trucking firms support the SEC disclosure rules. That’s because they are already serious about their sustainability efforts, especially environmentally, and it will give them a chance to showcase their efforts.

Sustainability is also in the news in California. CARB, a state agency, has $125 million available for funding for clean off-road equipment, such as that used in ports and freight yards. The program is administered by Calstart, a clean transportation nonprofit. The equipment must be zero-emission, which means electric for the most part. Most of the equipment will be for terminal tractors, on and off-road, refrigeration units, cargo handling equipment, railcar movers and switchers, and airport ground support equipment.

The nice thing about this program is that it does not require firms to retire existing equipment.

The Calstart program prides itself on putting money to work for reduced emissions in places like port communities where excess emissions have caused health problems in the past.

Alyssa Sporrer Thursday, July 14, 2022

Trucking industry concerned about SEC’s proposed climate rules – FreightWaves

Alyssa Sporrer Monday, July 18, 2022

California offers up to $500,000 for purchases of zero-emissions equipment – FreightWaves