$80 billion needed to shore up U.S. rail, bus systems
A new study by the Federal Transit Administration (FTA) released on July 21 estimates it would cost $77.7 billion to shore up the nation’s rail and bus lines and another $14.4 billion a year to maintain the systems, according to a report in On the Money, Capitol Hill’s finance and economy blog.
The study, the National State of Good Repair Assessment, also reveals that nearly $80 billion is needed in improvements to get the nation’s rail and bus transit systems into a good state of repair, according to the On the Money report.
From our partners
Sandvik Construction’s extensive range of rock tools are world renowned for combining…
MORE FROM Aggbeat Online
Manufacturer news: McLanahan hosts first Frac Sand Processing School in Wisconsin; The Volvo Group sponsors Ocean Summit on Marine Debris; CEMA publishes 7th Edition Belt Conveyors for Bulk Materials; Superior Industries acquires Clemro Western Ltd.; Metso launches new global website; Xylem launches new online interactive dewatering platform; Eriez offers 5-Star Service Program; JCB Finance enters partnership with Bank of the West
SUBSCRIBE & FOLLOW
- Legislation stopping proposed Waters of the U.S. rule passes Transportation and Infrastructure committee with bipartisan support179 Views
- Bipartisan highway bill would tie federal gas tax to inflation, create transportation commission177 Views
- Eagle Scout project rebuilds DeSoto State Park hiking trail from stone found in old quarry at park163 Views
- Lafarge and Holcim announce U.S. asset divestments required by Federal Trade Commission for merger148 Views
- Missouri man arrested for burglary of quarry and gun range113 Views