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SEED Act Could Deliver $1B in Trucking Fuel Cost Savings

A federal blenders tax credit known as the SEED Act represents a potential avenue for substantial cost reduction across the trucking sector, industry officials said Tuesday. Reinstatement of the policy could trim nearly $1 billion in expenses while reducing fuel price swings that pressure carrier margins. Pilot Company's energy leadership identified heightened domestic biofuel production as a key mechanism for achieving these savings. Expanded homegrown capacity diminishes reliance on volatile international oil markets, executives argued. Energy independence remains a strategic priority for the transportation sector as supply disruptions continue affecting global fuel pricing. The measure would benefit not only carriers but also consumers facing elevated freight costs reflected in shipping expenses.