Cost and Financing

New Reports Focus on Port Infrastructure, Federal Transportation Investment, Infrastructure Banks, Best Practices for State DOTs

Four reports out this week highlight the potential consequences of not investing in the nation’s infrastructure and how states can make better use of existing resources to improve transportation. Our friends at the American Society of Civil Engineers (ASCE) are out with the fourth installment in their “Failure to Act” series, which examines the economic cost of current infrastructure investment trends. The Bipartisan Policy Center and Eno Center for Transportation examine what a reduced federal investment could mean for transportation (and for state and local governments). A report from the Brookings Institution and Rockefeller Foundation outlines ways states can enhance the impact of state infrastructure banks and revolving funds for transportation. And best practices for state departments of transportation are the focus of a new report from Smart Growth America and the State Smart Transportation Initiative.


Ports Prepare for the Impact of the Panama Canal Expansion

I have an article this month in the Kentucky business magazine The Lane Report that looks at the role the state’s public riverports play in regional economic development for a number of Kentucky communities. Ports and the transport of cargo and freight have also been the subject of a number of recent reports and items in the news so it looks like it’s time for a roundup.


Future of Freight Transportation on the Minds of State, Federal Officials

In case you missed it, I have an article in the latest issue of Capitol Ideas that looks at efforts in some states to invest in transportation modes that serve freight. So I thought it would be a good time to take a look at some other recent freight transportation-related items from around the country.


Holiday Break Reading List 2011: Transportation Policy

Before I depart for the holidays, I thought I would leave you transportation policy fans with a few things to read on those iPads and Kindle Fires you may find under the tree Sunday morning. In what has become an annual tradition, it’s time to clear out the CSG Transportation inbox


Freight Transportation Gets the Spotlight in Washington & Elsewhere

The U.S. Senate Commerce Committee this week passed a bill that would update federal freight transportation policy. Also, the latest round of TIGER grant recipients announced this week includes a number of projects to improve freight facilities around the country. But those two stories are just the tip of the iceberg as far as freight transportation is concerned. As a follow-up to our recent Capitol Research brief on how states are “Developing Freight Transportation Alternatives,” here’s a round-up of some recent freight news.


Developing Freight Transportation Alternatives

With significant growth expected in freight transportation over the next several decades as a result of the expansion of the Panama Canal and other factors, a number of states have begun to adopt policies that seek to take trucks off the road and make the nation's supply chain more multi-modal. By improving infrastructure at seaports, incentivizing shippers, making greater use of inland waterways, creating partnerships to reduce freight rail bottlenecks and developing state and regional freight plans, these states stand to make significant improvements to freight efficiency and safety as well as to the environment. 


State Transportation Officials Stress Importance of Continued Federal Funding

State transportation officials this week called on Congress to take action by September 30th to extend the 18.4 cents-per-gallon gas tax that funds federal highway and transit programs and to pass a long-term reauthorization of those programs. I also have items this week on the future of infrastructure finance, tolling, public transit, Smart Growth, a model for regional freight plans, Seattle’s new Big Dig and possible restructuring for the South Carolina Department of Transportation following a recent fiscal crisis.


Civil Engineers Report: Failure to Improve Transportation Infrastructure Will Cost America Dearly

With Washington still embroiled in the debt ceiling debate and no momentum for a new transportation reauthorization bill, we get a glimpse this week at the potential cost of doing nothing to improve America’s infrastructure. The American Society of Civil Engineers (ASCE) issues a new report today entitled “Failure to Act: The Economic Impact of Current Investment Trends in Surface Transportation Infrastructure.” The report indicates that not only are American households and businesses absorbing enormous costs today as a result of deteriorating infrastructure, over the next 30 years these costs could further reduce America’s productivity and competitiveness in the world, cause millions of Americans to forgo discretionary purchases in order to pay transportation costs that could have been avoided, cause the U.S. to lose out on creating jobs in high paying services and manufacturing industries, produce a significant drain on wages and productivity and result in the United States losing billions of dollars in foreign exports.


Recovery Act Transportation Spending: ‘Summer of Recovery’ Becomes Fall of Discontent

The American Recovery and Reinvestment Act of 2009 provided $48 billion to states for transportation infrastructure projects. States achieved significant successes in 2010 in  meeting deadlines associated with the legislation, starting and completing projects on time and under budget, creating jobs and doing it all with little fraud or waste. Still, some questions have been raised about whether the stimulus could have had a greater impact, which types of projects were funded and which states received the most funding. Despite its political unpopularity in 2010, the Recovery Act proved its worth to state transportation officials around the country.


Holiday Break Reading List: Transportation Policy

With the holidays fast approaching, I thought it would be a good time to clear out the ol’ CSG Transportation inbox so that we can make a fresh start in the New Year. In doing so, I ran across a number of recent reports and news items that may be of interest and that may provide worthwhile reading should you have any downtime in between football bowl games in the weeks ahead. They address many of the themes we’ve examined here over the last year and look ahead to what might lay in store in 2011 on issues like federal transportation programs, the condition of America's infrastructure, gas taxes, highway finance alternatives, high-speed rail, freight transportation, transportation and the environment and intelligent transportation systems.