The American Trucking Associations recently announced Megan Masitto will take over as its next chief financial officer.
Masitto built a career on the financial side of business, starting as a fund accountant at Vanguard in 2000. During her ascent, she held positions that include internal auditor at Claires Stores, controller at the Association for Talent Development, engagement director at Clifton Larson Allen, and most recently worked as senior director of finance operations at the National Rural Electric Cooperative Association in Virginia. Her experience will be a welcome addition to the trucking industry’s largest and most vocal advocacy organization.
“We are extremely lucky to be able to add someone with Megan’s depth of expertise and breadth of experience to our leadership team at ATA,” Chris Spear, the ATA’s president and CEO, reportedly said. “With a background that includes extensive work in the non-profit and association world, as well as in the private sector, I’m confident that she will help ATA move forward in pursuit of our strategic goals on behalf of our industry and our members.”
She also earned an MBA from Liberty University after completing an undergraduate degree at Pensacola Christian College.
“I’m pleased to be joining such a dynamic leadership group, representing such a critical and essential industry,” Masitto reportedly said. “I’m looking forward to supporting ATA’s efforts at this exciting time for the association and industry.”
ATA Backs Trucker Tax Incentive Legislation
The ATA recently endorsed a bill in the U.S. House of Representatives designed to create a tax credit for newly-minted commercial truck drivers. Called the Strengthening Supply Chains Through Truck Driver Incentives Act, the legislation provides short-term incentives to onboard new CDL professionals to the freight hauling industry.
Introduced by Wisconsin Rep. Mike Gallagher and Virginia Rep. Abigail Spanberger, Class A CDL holders who put in a minimum of 1,900 hours annually would be eligible for a two-year tax credit upwards of $7,500. The measure would also establish a tax credit of up to $10,000 for new truck drivers or individuals enrolled in a registered trucking apprenticeship for two years.
“Over the last two years, we have seen just how important truck drivers are for keeping our economy growing and our communities moving. But to fully combat the shortages and rising costs faced by families and businesses right now, we need to attract even more skilled drivers to the American trucking industry,” Rep. Spanberger reportedly stated. “Our legislation takes a commonsense step towards addressing our chronic driver shortage. By creating a refundable tax credit for the men and women who keep our goods flowing, we would encourage more young people to hop in the driver’s seat, reduce headaches for trucking businesses, and make sure experienced drivers are rewarded for their hard work.”
Along with the American Trucking Associations, the American Loggers Council, Virginia Trucking Association, Virginia Farm Bureau, Virginia Loggers Association, and Virginia Agribusiness Council have reportedly endorsed the legislation.
Sources: news-journal.com, trucknews.com, prnewswire.com
Leave a Comment