Obama calls for $50B transportation investment

Posted on October 11, 2010

[IMAGE]Obama-infrastructure-10-11-10-full-2.jpg[/IMAGE]WASHINGTON, D.C. — On Monday, President Obama called for bipartisan support of increased funding for transportation initiatives, emphasizing that an overhaul of the "woefully inefficient" transit system is necessary to reduce unemployment and remain competitive internationally, according to CBS News. The president added that his six-year, $50 billion initiative would not only repair and modernize U.S. roads, rails and air systems, but also create jobs. For the full story, click here.

 METRO TV: To watch a video of the press conference, click here.

To read the Economic Analysis of Infrastructure Investment report, click here.

View comments or post a comment on this story. (0 Comments)

More News

Viva BRT service opens in Newmarket, Ont.

The transformation of this section of the BRT corridor, which traverses Davis Drive, includes wider streets, enhanced landscaping, and rapid transit stations designed for safety and comfort.

Fla.'s JTA sets launch date for new BRT service

The 9.4 mile Green Line on the North Corridor will feature direct, high-frequency service; 18 branded stations; complimentary Wi-Fi, a Park-n-Ride lot, and real-time bus arrival information.

Canadian bus service to block Internet streaming

Some customers have reported slow internet service, while others couldn't connect at al, due to Internet streaming issues.

Nova Bus names new east coast regional sales manager

Prior to joinging Nova, John Manzi served as eastern regional transit sales manager for a major transmission manufacturer.

Shuttle, circulator routes drawing thousands of riders in Miami

These services carried more than eight million passengers last year in 27 municipalities and are praised by riders and public officials alike as successful transit programs.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close