The bill is the largest public works project in U.S. history. Eighty percent of the money will go to pay for highway-related projects and 20 percent is devoted to mass transit improvements.
“Our economy depends on us having the most efficient, reliable transportation system in the world,” President Bush said during a signing ceremony at a Caterpillar plant in Aurora, Ill. “If we want people working in America, we’ve got to make sure our highways and roads are modern. We’ve got to bring up this transportation system into the 21st century. I mean, you can’t expect your farmers to be able to get goods to market if we don’t have a good road system.”
Critics point out there are more than 6,000 pork barrel projects worth $24 billion that members of Congress slipped into the bill.
The highway bill includes money for many intermodal freight transportation projects. Many states have held off on road construction projects until federal money became available.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now