ARTBA Government Affairs: Hot Issues: Legislative Issues: The Highway Trust Fund & Federal Gas Tax: Hot Issues: Critical Commerce Corridors (3C)

Critical Commerce Corridors (3C)

"A New Vision & Mission for America's Federal Surface Transportation Program" - ARTBA Recommendations for SAFETEA-LU Reauthorization - Critical Commerce Corridors

SAFETEA-LU Reauthorization Recommendations

Critical Commerce Corridors

Six Immediate Challenges

$78 billion per year “congestion tax.” Since 1982, car and truck traffic has doubled while highway capacity increased 6.6 percent.
Global Competitiveness. China, India, European Union are making major transportation investments to bolster their economic goals.
Freight Tsunami. Freight bottlenecks cost the trucking industry $8 billion annually and truck traffic will double by 2035.
Crumbling Infrastructure. Maintaining current congestion levels and physical conditions requires an additional $19 billion annually, according to U.S. DOT.
HTF Solvency. Current Highway Trust Fund revenues cannot support SAFETEA-LU spending levels. Pending $16 billion cut in highway investment.
SAFETY. More than 43,000 killed on U.S. highways annually and traffic crashes cost society $230 billion per year.