With President Biden signing the $1.2 trillion infrastructure package into law, it’s a good time to take stock of current transportation infrastructure conditions.
Passage of the Infrastructure Investment and Jobs Act means the industry has a path forward on infrastructure investment, and several additional provisions will benefit trucking in the future.
The Biden administration is racing to cut red tape so the government can expedite port and freight transportation infrastructure investments.
The proposed $1 trillion infrastructure package includes a provision that would study the potential for a “driving tax” of 8 cents per mile.
As Congress works to pass two separate funding bills while dealing with the fallout of Afghanistan and severe weather across the country, the trucking industry sits and waits.
Witnesses at a U.S. House hearing on Wednesday stressed the need for a multimodal approach in federal support of the railroads, citing freight rail’s connection with both rural, inland towns and coastal ports.
The U.S. Chamber of Commerce is optimistic for a Phase 4 COVID relief bill signed by the end of the year.
Infrastructure provisions passed the U.S. House of Representatives, but they may have trouble finding support in Republican-controlled Senate.
Opposing sides shore up as the infrastructure bill gets folded into a trillion-dollar package.
U.S. Chamber chief Tom Donohue also commented on status of China trade talks, USMCA.
2020 U.S. presidential election could become major roadblock
