UPS Supports legislation to tax all fuels equally
UPS® (NYSE: UPS), a leading global logistics provider, applauds the bipartisan legislation introduced by Senator Michael Bennet and Senator Richard Burr that will equalize the federal excise tax for liquefied natural gas (LNG) and propane with their counterparts, diesel and gasoline. This federal tax disparity for LNG and propane is perhaps the largest disincentive to converting large fleets to alternative fuel vehicles.
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UPS® (NYSE: UPS), a leading global logistics provider, applauds the bipartisan legislation introduced by Senator Michael Bennet and Senator Richard Burr that will equalize the federal excise tax for liquefied natural gas (LNG) and propane with their counterparts, diesel and gasoline. This federal tax disparity for LNG and propane is perhaps the largest disincentive to converting large fleets to alternative fuel vehicles.
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