Portland's New Tax Could Cost Truckers Millions

Portland, Oregon is planning to introduce a new tax, named the Portland Heavy Vehicle Use Tax, which will cause truckers to pay millions collectively to help maintain roads.

With this tax, Portland estimates bringing in approximately $2.5 million from truckers by adding a 2.8% increase to the weight-mile fee that they’re currently paying. The extra income will directly fund the Portland Bureau of Transportation.

So what does this mean for you? Based upon a fact sheet provided during the proposal, “a business that paid $10,000 in Oregon weight-mile taxes would be assessed an annual Heavy Vehicle Use Tax of $280.”

This comes in addition to a 10 cent gas tax that is also being put in place, but was chosen over a diesel tax as officials feared that this may cause truckers to skip fueling up in Portland.

How can we help? Saving money Is important, which is why we offer discounts on many of your trucking needs for those who sign up with us! We offer some of the lowest factoring rates in the industry. Contact us today and help save yourself some money!

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