The current two-year transportation authorization expires at the end of September, but the Highway Trust Fund is paying out more in obligations than it takes in due to demographic and auto technology trends that have reduced gas tax collections. Six weeks ago, the Obama administration proposed a four-year, $302 billion spending plan for repairing and upgrading the nation’s highways, bridges and transit systems, with half the money coming from a one-time transfer of revenue projected from any business tax reform Congress might enact. It would plug the hole in the Highway Trust Fund and provide it an additional $90 billion.
The trip is designed to show Americans how manufacturing, jobs and transportation are linked in hopes they will put pressure on Congress to act.
On Monday, Foxx made three stops. In Pickaway County, Ohio, near Columbus, he celebrated the DOT’s $16-million TIGER grant for the Pickaway County Connector, which will add another important route for commercial motor carriers. He visited the I-75 improvement project in Dayton, Ohio, which is adding capacity with a third lane and improving traffic flow by removing left-hand exit and entry ramps with the help of $162 million in federal highway aid. He ended the day at the Siemen’s Norwood Motors Manufacturing Facility, which makes locomotives, to tout the administration’s $12-billion investment in high-performance rail during the past five years.
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