Bus

Report: Infrastructure spending, investment out of balance

Posted on March 16, 2012

A new report on the state of America's transportation infrastructure, points to a sizeable gap between current spending and projected levels of investment needed to maintain the nation's highway and transit systems, according to Secretary of Transportation Ray LaHood.

"President Obama is committed to building the transportation infrastructure we need for tomorrow by putting people to work today, "said Secretary LaHood. "This report shows how important it is important to get started now rebuilding America's roads, bridges and transit systems."

The U.S. Department of Transportation's "2010 Status of the Nation's Highways, Bridges and Transit: Conditions and Performance," report projects that $101 billion, plus increases for inflation, would be needed annually over the next 20 years from all levels of government — local, state and federal — to keep the highway system in its current state. It also identifies significant opportunities for investments to improve the current state of highways and bridges that could total up to $170 billion a year.

The report shows that in 2008, all levels of government spent a combined total of $91.1 billion on highway capital improvements, a 48.4% increase over 2000.

The Obama Administration's FY 2013 budget request calls for $305 billion for highway programs over six years, which reflects a 34% increase for roads and bridges over the previous authorization to address the outstanding need for resources.

The report projects that between $20.8 billion and $24.5 billion will be needed annually over the next 20 years to attain a state of good repair for the nation's transit systems and to accommodate expected transit ridership growth. In contrast, all levels of government combined spent only $16.1 billion on transit capital improvements in 2008. The Obama Administration budget request includes $108 billion over the six years for transit options, a 105 percent increase over the previous authorization levels.  

"Conditions and Performance" is a biennial report to Congress that provides information on the physical and operating characteristics of the highway, bridge and transit components of the nation's surface transportation system.

 

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

More News

Man charged with murder after stabbing Winnipeg Transit bus driver

The incident occurred at 2 a.m., when the driver pulled up to the last stop of his shift and asked the man to leave the bus. After a physical altercation, which ended up outside the bus, ensued, the driver was stabbed multiple times.

N.Y.'s NICE to add 33 New Flyer buses

Twenty-eight 40-foot buses will replace existing buses in the NICE fleet that have reached the end of their useful life, while five 60-foot buses will be used on the customer's new bus rapid transit line, scheduled to start service in 2017.

Nova Bus, ABB partner for electric bus, charger delivery to N. America

The ABB DC fast charger, with the associated systems, is based on the common interface, which allows charging stations and electrified buses from different manufacturers to be used together.

Proterra names Horton to CCO post

Will lead the end-to-end customer lifecycle as Proterra triples production and initiates large-scale deployments across North America.

Stertil-Koni adds new capabilities to transmission jack

The battery-operated jack can be charged overnight and used without cables. The pneumatic jack has an attached air hose to keep it working. Previously, transmission jacks were manually hand-pumped, much like a car jack.

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

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

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