Daily Transportation and Logistics News – Feb. 15, 2011

2012 budget | US budget | transportation budgetProposed fiscal year 2012 budget represents increases for transportation funding

The White House proposed the 2012 budget request, which includes a 38 percent increase over the proposed amount in 2011 for the Department of Transportation. It also included a 6-year $556 billion surface transportation and reauthorization proposal. This proposal has been applauded by Transportation for America. Also, more information on the reauthorization proposal can be found here.

Administration Wants $2 Billion in TIGER Grants

These grants would help to increase funding towards projects that are not normally eligible for funding, including rail and port infrastructure work.

Survey Reveals Strong Support for Infrastructure Deal

A large majority of American people want better roads and bridges, but are not interested in paying higher taxes or other subsidies to cover the cost of these improvements.

Diesel prices move up another 2.1 cents per gallon

For the 11th straight week, diesel prices have increased in price per gallon. This is a 37.2 cent gain in this stretch.

Forecast: A Long Climb Out of Recession but a Busy Couple of Years for Trucking

The outlook for the trucking industry over the next couple of years looks great from a carrier perspective. This stems from the current increases in manufacturing and retail sales.

House Transportation and Infrastructure Committee rolls out new FAA bill

The FAA Reauthorization and Reform Act of 2011 was introduced by Rep. John Mica and Rep. Tom Petri last week. The bill is designed to reform the FAA programs, create infrastructure jobs and set new policies for aviation systems.

– Ben Dundas, Web Analyst

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