/PRNewswire/ Freight bottlenecks cost the U.S. economy more than $42 billion in 2019 a hidden tax on the American people that is only likely to increase as.
Mon May 24, 2021 - National Edition
ARTBA
Freight bottlenecks cost the U.S. economy more than $42 billion in 2019 a hidden tax on the American people that is only likely to increase as the country fully opens, according to a review of
Federal Highway Administration (FHWA) data.
The
American Road & Transportation Builders Association (ARTBA) study, Throttled: The Economic Costs of Freight Bottlenecks, also shows that freight shipments suffered almost 660 million hours of delay on the nation s roadways. Our examination brings into sharp focus the continued costs of congestion on America s highway network, said ARTBA Chief Economist Alison Premo Black. Legislation to address freight mobility through increased federal transportation investment would help alleviate these bottlenecks, increase business productivity and power the economy for the next generation.
Federal highway investment would grow by $11.2 billion to $58.3 billion in FY 2022 under the $303.5 billion Surface Transportation Reauthorization Act of 2021 (STRA)
Road Repairs in California Still Sluggish Even as State Gas Tax Increases
The state’s gas tax will increase again on July 1 to bring even greater revenue for road and highway maintenance projects. But the repairs have been slow, often lagging behind other states.
May 24, 2021 • (TNS) Four years after the Legislature boosted the gas tax in order to fix California s crumbling roads and bridges, the state has spent billions and made some progress in repairs, but officials now say the funding is sufficient only to complete less than half of the work needed.
The gas tax has been a political hot potato since it was passed in 2017, resulting in the recall of a Democratic state senator who voted for the legislation and an unsuccessful attempt by Republicans in 2018 to ask voters to repeal the higher charges.
WDSU Investigates: Bridges across SE Louisiana in need of upgrades Share Updated: 8:23 PM CDT May 20, 2021 Share Updated: 8:23 PM CDT May 20, 2021
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Show Transcript EMBARRASSMENT FOR THE STATE IF WE CAN’T GO AND FIXHE T MOST THE MOST DETRIMENTAL AREAS OF OUR STATE SUCH AS OUR ROADS AND BRIDGES. OKAY, YOU HEAR IT RIGHT THERE LAWMAKERS KNOW THAT MAJOR IMPROVEMENTS ARE NEEDDE ACROSS LOUISIANA AND THEY SAY IT’S ON THEM TO GET IT DONE. REMEMBER TWO WEEKS AGO ESPRIDENT, JOE BIDEN. HE STOOD IN FRONT OF WHAT’S CONSIDERED THE WORST BRIDGE IN, LOUISIANA IN CALCASIEU PARISH NEAR LAKE CHARLES PRESIDENT. BIDEN IS PITCHING A MULTI-TRILLION DOLLAR PACKAGE THAT COULD BE USED TO UPGRADE ROADS HIGHWAYS AND BRIDGES IN THIS AREA TRAVERS MACKEL HAS A LOOK AT THE BRIDGES MOST IN NEED OF REPAIRS IN TONIGHT’S WDSU INVESTIGATES. JOHN EARHART’S METAIRIEASED B BUSINESS IS ALL ABOUT TIME SOUTH SHORE CLOCKS WATCHES AND KNIVES. IT’S GREAT BEING ON I-10