IBTTA discussing investment for US highways

A debate run on Tuesday June 21st by the International Bridge Tunnel and Turnpike Association (IBTTA) will discuss funding problems for the US highway network. Portions of the interstate highway system are more than 50 years old. According to IBTTA, the interstate system is crumbling due to neglect, lack of maintenance, and inadequate funding. From an initial investment of US$129 billion the cost to first build the Interstate highway system, it will now cost the US from $1.3 trillion - $2.5 trillion to rebu
April 19, 2012 Read time: 2 mins
A debate run on Tuesday June 21st by the International Bridge Tunnel and Turnpike Association (63 IBTTA) will discuss funding problems for the US highway network. Portions of the interstate highway system are more than 50 years old. According to IBTTA, the interstate system is crumbling due to neglect, lack of maintenance, and inadequate funding. From an initial investment of US$129 billion the cost to first build the Interstate highway system, it will now cost the US from $1.3 trillion - $2.5 trillion to rebuild the Interstate system over the next 50 years. Where will this money come from? And how will we stimulate the political will and public resolve to protect our investment and the vital economic lifeline it represents? These are the topics under focus. In a newly published paper, Ed Regan and Steven Brown of 4047 Wilbur Smith Associates explore the options for rebuilding America’s interstate highway system, taking a fresh look at the assumptions and political decisions about funding that have set us on our present course. Using new analyses and case studies, Regan and Brown point the way to an interstate highway renaissance, emphasising that states need new options and fewer restrictions on methods to fund and rebuild this precious American resource. Join IBTTA in person or via the live webcast for the 90-minute discussion

For more information on companies in this article

Related Content

  • US ushers in reforms with new transportation bill
    November 9, 2012
    On behalf of ITS America, Paul Feenstra maps out implications and opportunities for the ITS industry. A critical milestone was reached last month when the US Congress passed, and President Obama signed, legislation reauthorising the nation’s surface transportation programmes, breaking a nearly three-year log-jam which had stymied critical transportation reforms and delayed much-needed infrastructure projects. The law, numbered P.L. 112-141 but known as MAP-21 (Moving Ahead for Progress in the 21st Century),
    Read More
  • LaHood named co-chairman of Building America’s Future
    January 9, 2014
    Former US Secretary of Transportation is to join Building America’s Future (BAF) as a new co-chair. Serving alongside fellow co-chairs former New York City Mayor Michael Bloomberg and former Pennsylvania Governor Ed Rendell the LaHood will help lead BAF’s bipartisan coalition of current and former elected officials who are committed to raising awareness about the need to invest in our nation’s roads, bridges, airports, rails and ports. Together, the BAF co-chairs called on Washington to support critica
    Read More
  • Professional training key to the future of ITS
    May 21, 2012
    A substantial portfolio of resources is available and expanding, to help employers and professionals build essential skills for current and future needs – the ITS Professional Capacity Building Program. Pete Goldin reports. The US Department of Transportation (USDOT) views ITS as key to the future of transportation, as is evident from the department’s ITS Professional Capacity Building (PCB) program. This is a further manifestation of USDOT’s commitment to ITS. The PCB program provides anyone in the transpo
    Read More
  • Auckland considers road user charging to plug funding shortfall
    October 29, 2014
    Auckland, New Zealand, faces a US$9.5 billion transport funding gap to build the fully-integrated transport network set out in the 30-year Auckland Plan that includes new roads, rail, ferries, busways, cycle-ways and supporting infrastructure needed to cope with a population set to hit 2.5 million in the next three decades. If Auckland opts to pay for the fully-integrated Auckland Plan, Auckland Council officials claim the transport network congestion is expected to improve by 20 per cent over the next 1
    Read More

Highlighted Content