With President Trump’s signature now official, the sweeping budget reconciliation package – dubbed the One Big Beautiful Bill – is law. IWLA is proud to have championed several provisions that made the final cut. The new law makes permanent the 20 percent passthrough deduction, current estate tax exemptions, and existing marginal tax rates – providing certainty for family-owned 3PL businesses. It also restores 100 percent bonus depreciation and includes key workforce wins, expanding Pell Grants and 529 plan eligibility to help train the next generation of logistics workers. “These wins reflect years of advocacy and countless conversations between IWLA and policymakers,” said IWLA President & CEO Jay Strother. “This bill will strengthen our ability to invest in people and property, ensure our family-owned businesses are protected for the next generation, and support the long-term growth of the supply chain. We’re happy to see our priorities reflected in this historic legislation.” Read More