John Hennessy III,
P.E.
American ports are extremely large contributors to the nation’s GDP and critical components of the country’s global competitiveness. The Bipartisan Infrastructure Law passed by Congress several years ago was designed to support all types of infrastructure upgrades, and ports were a primary focus. Billions were allocated for port upgrades and expansions, which has spurred massive […]
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PWC
OXFORD ECONOMICS
Oxford Economics estimates that if conditions stay as they are – what we are calling the baseline projection – capital project and infrastructure spending growth will likely remain low, hovering at about 2%, over the coming year, before inching up in 2017 and reaching about 5% in 2020. The improvement would be driven mainly by higher oil. However, even at 5% growth, infrastructure spending growth would be well below its double-digit levels before the global financial crisis.
ARUP
This thought-piece focuses on the passenger and user experience. The journeys imagined here are intended to generate a conversation about the future and provide the big picture context for future planning and decision-making by the rail industry and by governments. They are also intended to set out a forward-looking and inspiring vision for rail. With the increasing pace of technological change, perhaps the more imaginative scenarios will come to fruition. The case studies indicate trends taking place in rail. They are early signs of possible directional change, and reveal directions in which the future could be heading. Whether these become more widely implemented remains to be seen.
COLLIERS INTERNATIONAL
Port and inland distribution markets that invest CapEx in their transportation infrastructure will capture the economic opportunities from changing global trade patterns and evolving e-commerce. Those that don’t invest the needed CapEx risk capsizing their economies. America needs $3.6 trillion in funding for infrastructure by 2020 to remain competitive (ASCE 2013 Infrastructure Report Card).
THE URBAN LAND INSTITUTE
Aggressive government belt-tightening and financial market deleveraging restrain worldwide infrastructure investments for 2012 and probably the next five years. The need to invest the dollars that are available on projects that have the greatest effect on economic productivity, real estate demand, and global competitive position has never been more urgent. However, financial austerity and political fractures can stand in the way of better infrastructure decision making.
U.S. DEPARTMENT OF ENERGY
…in the face of emerging global challenges such as energy security and climate change, the United States and China entered into a new phase of mutually beneficial cooperation. In June 2008, the U.S.-China Ten Year Framework for Cooperation on Energy and the Environment was created and today it includes action plans for cooperation on energy efficiency, electricity, transportation, air, water, wetlands, nature reserves and protected areas.
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