| Obama |
Flanked by Vice President Joe Biden and Transportation Secretary Ray LaHood, Obama said the $28 billion in total funding for highway projects will save or create 95,000 construction jobs by the end of 2010 and eliminate long-neglected safety hazards that contribute to thousands of deaths per year. Another 55,000 jobs will be protected or generated as a result of consumer activity by construction workers, according to the White House.
Obama said the first contract awarded with stimulus funds released by the DOT went to American Infrastructure, a family business in Pennsylvania that will resurface a road in Maryland. More than 100 other companies also received contracts Tuesday, and more than 200 construction projects will be started within the next few weeks, he added.
Freight transportation companies have a vested interest in highway improvements that can minimize the amount of time trucks spend in traffic or dangerous road conditions.
The president insisted that by shining sunlight on how projects are delivered he plans to minimize waste, fraud and abuse. Biden will oversee the stimulus program and the administration has appointed an inspector general to undercover mismanagement.
'And I’m also deputizing every single American to visit a new Web site called recovery.gov so you can see where your tax dollars are going and hold us accountable for results,' Obama told an auditorium full of DOT employees.
The government is creating signs bearing the emblem of the American Recovery and Reinvestment Act that will be placed at job sites denoting projects funded by the stimulus law. Transportation projects will have a separate emblem as well, Obama said.
'Never before in the history of this country have the people been more able to see with such complete transparency how we’re going to put their money to work,' Biden added. ' Eric Kulisch
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