Sources: Occupational Safety & Health Administration; CP staff
An administrative law judge has determined the independent Occupational Safety and Health Review Commission may have authority under the Occupational Safety and Health Act (OSH Act) to order abatement measures beyond specific violations for which Warren, Mich.-based supply chain solutions and trucking services provider Central Transport, LLC has been cited.
Read MoreSources: National Ready Mixed Concrete Association, Silver Spring, Md.; CP staff
A tax extenders package accompanying the $1.15 trillion Consolidated Appropriations Act of 2016 Congress passed ahead of the holiday break has two major provisions benefitting concrete producers and their contractor customers: an extension of the 50 percent bonus depreciation for capital equipment purchased in 2015–2017, phasing to 40 percent and 30 percent in 2018 and 2019; and, permanent extension of Section 179 expensing limits and phase-out amounts, $500,000 and $2 million, respectively, that were in place from 2010 through 2014 but lapsed to $25,000 and $200,000 this year.
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