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

Conn.'s SEAT adding 11 more New Flyer Xcelsior buses

The order, which was supported with federal, state, and local funding, is part a fleet revitalization effort initiated by SEAT in 2017.

Specialty Vehicles partners with trolley manufacturer

Will be the exclusive domestic and international distributor of Brown Industries-manufactured American Heritage trolleys.

Europe's FlixBus considers U.S. expansion

The European long-distance bus service currently operates 1,500 green buses in 26 countries and carried about 40 million passengers in 2017.

Proterra supplies Louisiana's first battery-electric bus fleet

Five Proterra Catalyst E2 vehicles were purchased through the FTA's Low or No-Emission Vehicle Deployment Grant.

Valley Metro, Phoenix award 396-CNG-bus order to New Flyer

The contract, which was supported by FTA funding and includes options for 197 buses over five years.

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