The report, The State of Freight II – Implementing the FAST Act and Beyond, was issued about one year after President Obama signed the Fixing America’s Surface Transportation (FAST) Act on Dec. 5, 2015.
The report said the FAST Act brought ports and cargo fully into the surface transportation network and has given the nation a dedicated federal freight program for the first time ever.
The FAST Act authorizes about $11 billion over five years.
The report recommends continuing to provide Highway Trust Fund (HTF) apportionment to states for highway freight projects through the National Highway Freight Program, while encouraging coordination with the U.S. Department of Transportation’s Build America Bureau and Freight Advisory Committees to better leverage private sector investment.
It also recommends providing additional and ongoing funding resources outside of the HTF for the overall multi-modal freight network that can supplement highway formula dollars and also fund discretionary grant programs.
A “properly funded and staffed” Office of Multimodal Freight Transportation within the U.S. DOT’s Office of the Secretary should be reestablished, in order to address domestic and international freight planning needs, the associations said.
They also want to move the Harbor Maintenance Tax from discretionary to mandatory spending, arguing that doing so would enable full tax revenue to be used for navigation channel maintenance. Over the past decade, they said only 60 percent of HMT revenues have been appropriated.
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