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.
These grants would help to increase funding towards projects that are not normally eligible for funding, including rail and port infrastructure work.
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.
For the 11th straight week, diesel prices have increased in price per gallon. This is a 37.2 cent gain in this stretch.
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.
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