High Energy: Congress Sends President Keystone Bill; House Advances Energy-Focused Bills

Legislation to approve the Keystone XL pipeline is on its way to the president’s desk for the first time, though a presidential veto looms and the path forward for the project is uncertain. On Feb. 12, the House passed the Senate-approved version of the Keystone XL Pipeline Act (S. 1), 270-152.  By taking up the Senate’s version of the bill, the House avoided a potentially lengthy process of reconciling the Senate’s Keystone legislation with a more streamlined bill passed by more »


High Energy: Senate Approves Keystone While House Advances Energy Focused Bills

 On Jan. 29, AED scored a victory when the Keystone XL Pipeline Act (S. 1) was approved by the Senate, 62-36.  Nine Democrats joined 53 Republicans to support the bipartisan measure.   In the past few weeks, the Senate adopted several modifications to the original legislation through the chamber’s newly-reinstated open amendment process.  Consequently, the House must now decide whether to pass the Senate legislation or attempt to reconcile differences between S. 1 and the House-passed bill (H.R. 3) in more »


Sanders Introduces Bill to Rebuild America’s Crumbling Infrastructure

On Jan. 27, Sen. Bernie Sanders (I-Vt.) introduced far-reaching legislationto rebuild America’s crumbling network of roads, bridges and transit systems and other infrastructure projects. The five-year plan would invest $1 trillion and create or maintain at least 13 million decent-paying jobs, said Sanders, the Senate Budget Committee ranking member. The legislation is co-sponsored by Sen. Barbara Mikulski (D-Md.), the ranking member of the appropriations committee, and it is backed by the American Society of Civil Engineers, the AFL-CIO and others. more »


Boxer Unrelenting on ’14 HTF Fix

While most of Congress is focused on winning elections, Senate Environment and Public Works Committee Chairman Barbara Boxer (D-Calif.) made clear that surface transportation infrastructure policy is above politics. Boxer, in a letter to House Ways & Means Committee leadership, reiterated her commitment to “find a long-term, bipartisan solution for the Highway Trust Fund this year.”  While many lawmakers are content to deal with the Highway Trust Fund’s (HTF) insolvency next spring, AED believes Congress should address the situation during more »


Boxer Reiterates Desire for HTF Fix in 2014

While most of Congress is focused on winning elections, Senate Environment & Public Works Committee Chairman Barbara Boxer (D-Calif.) made clear that surface transportation infrastructure policy is above politics. Boxer, in a letter to House Ways & Means Committee leadership, reiterated her commitment to “find a long-term, bipartisan solution for the Highway Trust Fund this year.”  While many lawmakers are content to deal with the Highway Trust Fund’s (HTF) insolvency next spring, AED believes Congress should address the situation during more »


President Signs HTF Patch

On August 8, President Obama signed legislation (H.R. 5021) to keep highway and transit construction money flowing to the states through May 2015. The Highway Trust Fund (HTF) patch bill, which passed the House and Senate in late July (click on the links to see how your members of Congress voted), has been AED’s top legislative priority for months.  The federal highway program alone supports more than $2.4 billion in equipment market activity and an estimated 4,000 dealership jobs around more »


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Associated Equipment Distributors Associated Equipment Distributors (AED) is an international trade association based in Oak Brook, IL, representing construction equipment distributors, manufacturers and industry-service firms. AED members sell, service and rent equipment to such markets as heavy and light construction, mining, agriculture, forestry, aggregates, engines and industrial. About AED Members Speak Out Membership Information Leadership Roster Staff Roster The AED Foundation - An affiliate of Associated Equipment Distributors Local Groups AED Member Plaque Government AED Washington Office About AED in Washington more »


WRRDA Bill Poised for Quick Completion

On May 15, congressional water infrastructure leaders filed the Water Resources Reform & Development Act (WRRDA) conference report in the House and Senate. WRRDA is expected to be approved with significant bipartisan support by the House and Senate later this week, representing a significant victory for AED and infrastructure advocates. AED’s letter of support is available here. The legislation authorizes Army Corps of Engineers programs, including waterway and watershed management projects such as construction of locks and dams. Provisions in the final bill will accelerate more »


Equipment Leasing and Finance Industry Confidence at Two-Year High for Second Consecutive Month

The Equipment Leasing & Finance Foundation (the Foundation) released the April 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $827 billion equipment finance sector. Overall, confidence in the equipment finance market is 65.1, remaining at the highest index level in two years for the second consecutive month.  When asked about the outlook for more »