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Transportation infrastructure significantly contributes to a nation’s prosperity by facilitating workers’ access to employers, consumers’ access to shopping and leisure activities, and firms’ access to capital, labour and potential customers. The public sector has generally provided the vast amount of a nation’s infrastructure – roadways, waterways, railways and airways – and expanded it to satisfy users’ growing demand for transportation. But as demand has increased and ageing infrastructure facilities have required ever-greater funds for maintenance and new construction, capacity has become increasingly strained and travellers and shippers have experienced more congestion and delays. Policymakers have tried to find new sources of money to finance projects to expand capacity; but congestion and delays have persisted.
Archive for the ‘Aging Infrastructure’ Category
How the Private Sector Can Improve Public Transportation Infrastructure
Monday, August 4th, 2014Pothole Analytics: TEDx Talk with Lucius Riccio, Ph.D.
Friday, August 1st, 2014This talk was given at a local TEDx event, produced independently of the TED Conferences. In this talk he combined his knowledge and experience of infrastructure issues with his analytic skills to make a compelling argument for America’s policy makers to invest the right amount of funds for public infrastructure using the pothole as a metaphor for all infrastructure needs. He points out America’s lack of understanding of its infrastructure needs and its inattention to the work and wisdom of its engineers.
View this complete post...Making the Grade – Civil Infrastructure Industry Leaders Weigh In on Plan to Fix America’s Failing Infrastructure
Thursday, July 31st, 2014On June 27th in Washington D.C., a new report was released that outlines innovative new ways that the federal government, industry and other stakeholders can work together to solve the crisis of the failing state of U.S. infrastructure. Entitled “Making The Grade,” the six point plan is the result of experts from 45 different organizations, including corporations, professional organizations, think tanks, financial advisors and academic institutions.
The report’s name is intended as a rallying cry in response to last year’s quadrennial report card by the American Society of Civil Engineers (ASCE), which gave America’s overall infrastructure a D+ grade. Several of the report’s contributors continued the rallying cry in a #FlashBlog event last week. Following is a summary:
View this complete post...AASHTO’s “Nation at a Crossroads” Infographic Calls for Action
Thursday, July 10th, 2014The infographic reveals a slew of alarming facts and predictions centering on the depletion of MAP-21 funding by Fall of 2014, which will lead to states being responsible for 100% of transportation funding. Did you know that, already, 45% of Americans don’t have access to transit? Did you know that 1 in 4 of our bridges is in need of significant repair? While states have come up with some viable funding mechanisms of their own, it’s clearly time for the Fed to step in and replenish this vital source of transportation funding.
View this complete post...Making the Grade: A National Six-Point Plan to Regain America’s Infrastructure Leadership
Tuesday, July 8th, 2014AUTODESK
Making The Grade represents the consensus of many who attended the meeting “Executing a Sustainable Infrastructure Vision” convened by the White House Council on Environmental Quality (CEQ) initially in 2012. The Making the Grade roundtable that followed in 2013 was comprised of experts from 45 companies representing the scope of the U.S. infrastructure industry—planning, engineering, construction, and technology—and their counterparts from local governments, professional organizations, think tanks, financial advisors, academic institutions, and others. Participants agreed to an ambitious goal: describe a new vision and path forward for regaining and sustaining America’s public infrastructure leadership.
Infrastructure Spending in the US: Outlook to 2025
Thursday, June 26th, 2014PricewaterhouseCoopers (PwC)
By 2025, annual investment in infrastructure across our sectors in the US should top $1trn, having grown by an average of just over 3.5% a year. But the US will likely have been long since left behind by China, where we expect annual spending will reach over three times this level. We estimate that the US’s share of global spending will likely decline gradually over the coming decade to just over a tenth of total global spending by 2025.
Global Infrastructure Spending: Outlook to 2025
Thursday, June 26th, 2014PricewaterhouseCoopers (PwC)
Infrastructure spending has begun to rebound from the global financial crisis and is expected to grow significantly over the coming decade. That is the main finding of Capital project and infrastructure spending: Outlook to 2025, our in-depth analysis of 49 countries that account for 90% of global economic output. Worldwide, infrastructure spending will grow from $4 trillion per year in 2012 to more than $9 trillion per year by 2025. Overall, close to $78 trillion is expected to be spent globally between 2014 and 2025. But the recovery will be uneven, with infrastructure spending in Western Europe not reaching pre-crisis levels until at least 2018. Meanwhile, emerging markets, unburdened by austerity or ailing banks, will see accelerated growth in infrastructure spending, especially China and other countries in Asia.
Every Neighborhood Has a Future…And It Doesn’t Include Blight
Wednesday, June 18th, 2014DETROIT BLIGHT REMOVAL TASK FORCE
Eliminating all blight from Detroit is an enormous task, but Detroiters have the inventiveness, grit, and resiliency to get it done. Everyone within city agencies, private business, charitable and cultural organizations, and each resident has a stake and a role in accomplishing this mission. We all must do our part in getting rid of the blight and disinvestment that has held Detroit back from its full potential. We all must help ensure that our city will never experience such neglect again.
States’ Fiscal Initiatives Offer a Solution to the Impending Trust Fund Shortfall
Friday, June 6th, 2014Innovation Newsbriefs
Vol. 25, No. 8
While transportation stakeholders and the Washington press corps are agonizing about the impending Highway Trust Fund shortfall and its impact on the federal transportation program, they are ignoring developments outside the Beltway that go a long way toward mitigating the prospective funding shortage. For in fact, individual states, far from standing idly by, are responding to the fiscal uncertainties in Washington by stepping up and augmenting their transportation budgets.
View this complete post...Sisters, OR: Rebuilding the Highway Before Tourist Season
Friday, May 30th, 2014Follow InfrastructureUSA
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