Celadon Group, Inc. Tells Congress to Increase Investments in Highway Infrastructure

INDIANAPOLIS,Feb. 22, 2011 /PRNewswire-USNewswire/ — The United States needs to
increase its investments in highway infrastructure, funding that can be obtained
by raising the fuel tax, Celadon Group Inc. Chairman and CEO Steve Russell told
members of Congress during a Feb. 19 listening session.

“We need to solve the problem of improving our transportation system,” said
Russell, a member of American Trucking Associations’ Board of Directors.
“Highway congestion is hurting our economy – to the tune of an estimated 4
billion wasted hours and 5 billion gallons of wasted fuel.”

Currently, the U.S. spends just 2 percent of its gross domestic product on
highways, Russell told House Transportation and Infrastructure Committee
Chairman John Mica, Rep. Larry Bucshon and other members of the panel, lagging
behind the 5 percent typically spent in Europe and the 9 percent being spent by
China.

Russell said that the most effective and equitable way to raise the necessary
funds for highway improvements is by raising the fuel tax.

“Currently, the federal gasoline tax is 18.4 cents a gallon and the diesel tax
is 24.4 cents, and neither has been raised since 1993,” he said. “If those rates
had been adjusted just 3 percent a year to adjust for inflation over the past 18
years the tax rates would be 31 cents a gallon for gasoline and 42 cents for
diesel.”

Those increased rates, Russell said, could generate an additional $25 billion a
year for improving existing highways, increasing capacity and relieving
congestion on the roads and bridges that trucks use to haul roughly 70 percent
of the nation’s freight.

Russell concluded by thanking Chairman Mica for making the effort to hear from
users of the nation’s transportation system, saying that those efforts were
“much appreciated by the trucking industry.”

The American Trucking Associations (www.truckline.com) is the largest national
trade association for the trucking industry. Through a federation of other
trucking groups, industry-related conferences, and its 50 affiliated state
trucking associations, ATA represents more than 37,000 members covering every
type of motor carrier in the United States. Follow ATA on
Twitter@TruckingMatters(www.twitter.com/truckingmatters), or become a fan
onFacebook(http://tinyurl.com/y4qwp6h).

SOURCE American Trucking Associations