Logistics Managment |
By John D. Schulz | February 6, 2019
The Coalition for America’s Gateways and Trade Corridors (CAGTC) urged the Administration and Congress to unite in the coming months on infrastructure—what it called “a bipartisan bright spot”
“Infrastructure investment is a bipartisan issue at its core,” said CAGTC Executive Director Elaine Nessle. “For too many years, federal freight infrastructure investment has lagged while our population and national economy grow.”
This financial burden cannot be shouldered by states, localities and the private sector alone, Nessle added.
“There needs to be a commitment to driving an investment plan at the federal level,” Nessle said. “Existing programs are oversubscribed and international trading partners are outpacing our investments at a rapid clip – increased funding dedicated to freight infrastructure is necessary in order for the U.S. to remain competitive in the world marketplace.”
The U.S. freight system moves 55 million tons of goods daily, worth more than $49 billion.
That’s roughly 63 tons per person annually; meanwhile, the U.S. population is expected to increase by 70 million by 2045. Freight movement across all modes is expected to grow nearly 42 percent by 2040.
“To capitalize on this growing consumer base, our infrastructure network must be up for the task,” Nessle concluded.
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