John Hennessy III,
P.E.
This is the first in a series of posts Steven CF Anderson, Managing Director of InfrastructureUSA was a participant at the US High Speed Rail Association’s 2012 summit, held from February 28th to March 1st in Washington, DC. After addressing those attending the conference, Secretary of Transportation Ray LaHood spoke with Steve about high speed rail […]
View this complete post...TRANSPORTATION ISSUES DAILY Written by Larry Ehl If a debt deal isn’t reached and the government defaults, what might happen to transportation funding? According to an analysis by the well-respected Bipartisan Policy Commission (BPC) there would be barely enough funding to pay interest, Social Security, Medicare and Medicaid, defense, and unemployment benefits. In another scenario, […]
View this complete post...Proterra was founded in 2004 to build the “bus of tomorrow.” And with the help of the U.S. Department of Transportation and the Federal Transit Administration, the company has succeeded–creating an electric bus that can be recharged in under ten minutes. But Proterra is doing more than just creating a greener, cleaner mode of transportation–it’s […]
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AMERICAN ASSOCIATION OF STATE HIGHWAY AND TRANSPORTATION OFFICIALS
CENTER FOR EXCELLENCE IN PROJECT FINANCE
The recurring potential for severe cutbacks in Federal funding for state highway and transit programs combined with the significantly reduced purchasing power of motor fuels taxes is creating a near-term crisis for investment in our nation’s transportation assets.
…fiscal realities can do wonders to bring federal officials down to earth. The Transit Account of the Highway Trust Fund is barely solvent. The U.S. DOT budget will grow by only one percent in 2011. With commendable consistency and fairness, the Administration seems to have decided to apply the same investment standard to transit as it has preached and laid down for highways: Forget about massive capacity expansion; focus on getting the most out of the assets already in place by maintaining them in a state of good repair. To critics of the DOT’s new posture— and there will be some—a good answer could be: It’s just a different way of looking at what it means to be pro-transit.
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